Recently, many people have inquired.,Is it feasible to invest in immigration to Singapore with a sum of money?

Currently, there are four categories of people eligible for immigration to Singapore through investment.;Four categories of people are eligible.,Three investment options for you to choose from..

Singapore Investment Immigration

Global Investor Programme(Global Investor Programme, abbreviated as GIP) grants eligible global investors who intend to promote business and investment growth in Singapore.Permanent Resident status in Singapore.(Permanent Resident, abbreviated as PR).

The applicant's spouse and unmarried children (under 21 years old) can apply for permanent residency as dependents through the Global Investor Programme.
Male dependents will need to serve in the military.

However, the applicant's parents, married children, and unmarried children over the age of twenty-one cannot apply for permanent residency through your Global Investor Programme; they can apply for a Long-Term Visit Pass.(LTVP).SingaporeGIPInvestment ImmigrationUpdated on August 16, 2021.

SingaporeGIP Investment Immigration

On August 16, 2021, the Singapore Economic Development Board (EDB) updated the latest policies regarding the Singapore GIP investment immigration program.

The new regulations enrich the applicant's background and investment types, while also raising the annual turnover requirements for businesses.

1. Changes in investment targets.

The business owner category still requires an investment.S$2.5 million to establish a new business entity or expand an existing business, and can also invest in funds recognized by the Singapore government. The new policy adds a family office option.

2. Significant increase in company turnover requirements.

Singapore has raised the annual turnover requirement for applicant companies fromS$50 million (approximately 250 million RMB) to a maximum of S$500 million (approximately 2.5 billion RMB).

3. More diverse applicant backgrounds.

The new policy relaxes the background requirements for applicants, adding options for second-generation entrepreneurs and founders of rapidly growing companies, which means Singapore welcomes various types of business owners to contribute more to economic development.

Eligibility for application.

The following four categories of qualified individuals.Are eligible to apply., while meeting a) b) c) d) conditions.【

1】Senior business owners.a) You must have at least three years of entrepreneurial or business experience; b) Your company's turnover in the most recent year must be at least.

S$200 million.And the average annual turnover for the last three years must be at least S$200 million.c) If your company is privately owned, you must hold at least 30% of the shares; d) The company must belong to at least one business sector listed in the 【Appendix】.2】Next-generation business owners.

1】Senior business owners.a) Your immediate family must hold at least 30% of the shares in the company you are declaring for this program, or be the largest shareholder; b) The company's turnover in the most recent year must be at least.

S$500 million.And the average annual turnover for the last three years must be at least S$500 million.c) You must be part of the management of the company (e.g., executive, board member); d) The company must belong to at least one business sector listed in the 【Appendix】.3】Founders of rapidly growing companies.

1】Senior business owners.a) You must be a founder and one of the largest individual shareholders of a company valued at no less than.

b) The company must be invested in by a well-known venture capital or private equity firm; c) The company must belong to at least one business sector listed in the 【Appendix】.And the average annual turnover for the last three years must be at least S$500 million.4】Family office heads.a) You must have at least five years of entrepreneurial, investment, or management experience; b) You must have a net worth of investable assets of no less than.

1】Senior business owners.(Note: Investable assets include all financial assets except real estate, such as bank deposits, capital market products, collective investment schemes, life insurance policies, and premiums paid for other investment products.)

Investment options.And the average annual turnover for the last three years must be at least S$200 million.So what investment options do the above four categories need to implement?For 【
 

1】Senior business owners 【2】Next-generation business owners 【3】Founders of rapidly growing companies, the following three investment options of S$2.5 million can be chosen.

【Option
A】Invest no less than.

S$2.5 million.To establish a new business entity or expand existing business operations.Option.新币250万元建立新的商业实体或扩大现有的业务营运
方案An applicant must submit a detailed five-year business or investment plan. The content must follow the items listed in application form B, including the expected number of jobs, annual business expenses, and relevant financial data. The assessment scope will include the feasibility of the plan, your responsibilities in the company, its business activities, and the corresponding local job opportunities created. Additionally, you must hold at least 30% of the company's shares and be a member of the company's management (e.g., executive, board member); and the company must belong to at least one business sector listed in Appendix B.
 

S$2.5 million.B】Option.新币250万元Global business investors plan fund for major investments in Singapore enterprises.
The assessment scope will include the feasibility of the business plan within five years, your responsibilities in the company. The company's business activities, corresponding local job opportunities created, and annual business expenses, etc. 

S$2.5 million.C】Invest at least SGD 2.5 million in a newly established or existing single family office in Singapore, which must manage at least SGD 200 million in assets.

方案C applicants must submit a detailed five-year business plan. The content must follow the items listed in application form B, including the corresponding expected number of jobs and annual financial forecasts. The plan must specify your functions in the single family office and asset allocation and investment strategies, including asset classes, investment industries, and geographical areas.
A】4】Family office head, required to implement 【Plan C】.
*As long as there are investable assets of at least SGD 50 million in the offshore assets transferred to Singapore and held in a single family office in Singapore, these offshore assets can be considered part of the managed assets.
 

Approval Process

Global Business Investment Plan'sApproval process takes about nine to twelve months.If the submitted application form is incomplete, the approval process will be extended.

Approval Steps

1. The applicant submits the complete global business investment plan application form (including electronic and printed versions) to the Singapore Economic Development Board.

2. The Singapore Economic Development Board invites the applicant for an interview.

3. If the applicant meets the assessment criteria, the applicant will receive a principle approval letter from the Immigration and Checkpoints Authority (ICA) for the global business investment plan. The validity of this approval letter is six months.
4. The applicant must fulfill the investment promised in the application form within the six-month validity of the principle approval letter.
5. After implementing the investment, the applicant must submit the relevant supporting documents (e.g., certified copies of share certificates, bank statements, and other legal documents) along with a guarantee of the investment terms and conditions to the Singapore Economic Development Board.
6. After the Singapore Economic Development Board confirms the relevant supporting documents, the Immigration and Checkpoints Authority (ICA) will issue the final approval letter for the global business investment plan to the applicant.

7. The applicant must complete the relevant procedures to officially become a permanent resident of Singapore within one year of obtaining the final approval letter for the global business investment plan.

Other Matters

Within the six-month validity of obtaining the principle approval letter for permanent residency,you must fulfill the promised investment.You must complete the relevant procedures for permanent residency within one year of obtaining the final approval letter.

You must complete the relevant procedures for permanent residency within one year of obtaining the final approval letter.You must complete the relevant procedures for permanent residency within one year of obtaining the final approval letter.You must complete the relevant procedures for permanent residency within one year of obtaining the final approval letter. 

Once your permanent residency is officially effective, you will receive a re-entry permit valid forfive years.After five years, if youmeet the requirements,， you will be able to renew your re-entry permit.