Singapore is often recognized as the top city in Asia for living, thanks to its outstanding infrastructure and public services. With one of the lowest crime rates globally, it provides a high standard of living for its residents. The country is also considered one of the wealthiest in the world based on GDP per capita. Its reputation for safety, cleanliness, and efficiency makes it an attractive destination for both individuals and businesses. Additionally, Singapore’s strategic location and robust economic environment offer ample opportunities for investment and professional growth.
Foreign nationals can seek permanent residence through the Singapore Global Investor Program. This initiative targets entrepreneurs and investors who are prepared to make significant financial investments in Singapore, aiming to attract affluent individuals who wish to establish their residence in the country.
Investment
Minimum investment of SGD 10 million
Processing Time
Nine to twelve months
Key Benefit
Eligibility for citizenship after two years of permanent residence
One of the Singaporean government’s goals is to attract talent for residency and employment. The aim is for foreign nationals to make Singapore their home by obtaining permanent residency.
The Singapore Global Investor Program is tailored for affluent and experienced foreign entrepreneurs, business owners, and managers who are interested in establishing a business or investing in Singapore and wish to settle in the country. Approved applicants are granted permanent residence status in Singapore within nine to twelve months.
Political, social, and economic stability
Safety, with a high standard of living
World-class education, healthcare, and transport systems
Leading international financial center
State-of-the-art business facilities and telecommunications
Multicultural environment
Favorable tax laws
Singapore has become a premier global destination, characterized by its diverse and harmonious multiracial and multicultural community. With a population of 6 million, English and Mandarin are the primary languages spoken. Residents enjoy the benefits of the country’s political stability and economic success, along with a respected education system and dependable healthcare services.
The country offers a favorable tax environment and has consistently implemented tax policies that benefit foreign investors. Singapore's tax system is based on a territorial principle.
Established business owners, next-generation business owners, founders of fast-growing tech companies, and family office principals with substantial entrepreneurial, business, and management experience may select one of the following investment options to acquire Singaporean permanent residence.
Option A:
Demonstrate an investment of SGD 10 million (including paid-up capital) into a new or existing business in Singapore, and hire at least 30 employees to be eligible for the re-entry permit renewal after the initial five-year period. At least half the employees must be Singaporean citizens and 10 must be new hires if the business was already in existence.
Option B:
Invest SGD 25 million into a fund approved by the Singapore Economic Development Board that invests in Singapore-based companies.
Option C:
Establish a Singapore-based single family office with assets under management of at least SGD 200 million. At least SGD 50 million of the assets must be deployed and maintained throughout the five-year residence period in any one of the following investment categories:
Companies listed on exchanges licensed by the Monetary Authority of Singapore
Qualifying debt securities such as bonds, notes, commercial papers, and certificates of deposit
Funds distributed by Singapore-licensed or -registered managers
Private equity injections into non-listed Singapore-based businesses
To qualify for the re-entry permit renewal under Option C, hire at least five incremental family office professionals by the end of the five-year period. At least three employees must be Singaporean citizens.
The process to obtain permanent residence through the Singapore Global Investor Program typically takes nine to twelve months. Applicants must submit a personal profile and a proposed investment plan using an e-application form, accompanied by supporting hard copy documents. After submitting their application, they are required to attend an interview. If they meet all the necessary criteria, the Immigration and Checkpoints Authority of Singapore will issue an approval in principle, which is valid for six months. During this period, applicants must complete the required investment according to their selected option. Successful applicants must finalize their permanent residence status within one year of receiving their final approval letter.
The investor's spouse and children under 21 are eligible to apply for permanent residence as part of the investor’s application. Male dependents will be subject to national service obligations.
Parents and unmarried children aged 21 and over are not eligible to be included in the permanent residence application but can apply for a five-year long-term visit pass instead.
Upon the formalization of their permanent residence status, the investor will be issued with a re-entry permit (REP) for five years. A valid REP is necessary whenever you wish to travel in and out of Singapore. It enables the investor to retain their permanent residence status while away from Singapore.
After the first five years, the REP can be renewed if the investor fulfills certain conditions that are subject to the chosen option. There are different renewal requirements for the REP at the end of the fifth year, based on business milestones being met, physical time spent in Singapore, or a combination of these.
Singaporean citizenship is granted on a single citizenship basis. After residing in Singapore as a permanent resident for two years, individuals may apply for Singaporean citizenship.
The Singaporean passport is the most powerful travel document globally, offering visa-free or visa-on-arrival access to 193 destinations, including the Schengen Area in Europe, Canada, China, and the USA.
Singapore does not permit dual citizenship, and this policy is strictly enforced. Therefore, it may not be the best choice for those seeking to hold multiple citizenships and passports.
The Singapore residence by investment program, known as the Global Investor Program (GIP), grants residence to individuals and their families through significant economic contributions.
Investment options include investing in a new or existing business in Singapore, investing in a fund approved by the Singapore Economic Development Board, or establishing a single-family office with significant assets under management in specified categories.
Benefits include the right to live, work, and study in Singapore, a politically, economically, and socially stable country, as well as access to a favorable tax regime, and a high quality of life.
The minimum investment starts at SGD 10 million.
The processing time is approximately nine to twelve months.
Yes, the main applicant can include their spouse and dependent children in the application.
Applicants must spend at least 183 days per year in Singapore to maintain their residence status.
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
Yes, after maintaining residence for two years, investors may be eligible to apply for Singaporean citizenship.
Applicants must submit an online personal profile and investment plan with supporting documents, attend an interview, and if approved, have six months to make the required investment. Permanent residence must be finalized within one year of final approval.
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Trust Path Visas assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation
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