Global Investor Program (GIP) is a Singapore Government immigration program for successful high net worth foreign entrepreneurs.
After the operation of the enterprise controlled by the entrepreneur reaches the minimum standard specified by the Singapore government and passes the audit, it will directly invest S $2.5 million to purchase the fund specified by the government or invest in the Singapore company, so as to achieve one-step settlement.
In addition to the successful entrepreneurial background, GIP immigrants from Singapore have no educational background, age and language requirements.
One step in place, family migration, currently, GIP immigrants can take spouse and children (under 21 years old) as affiliated applicants and your parents can also apply for long-term Visit Permit (ltvp).
The investment risk is small, and there is no need for operation and management. Singapore GIP immigrants require S $2.5 million in government designated institutions, which are managed by professional managers, with low risk and high rate of return.
You must have at least three years of entrepreneurial experience and submit your company's audited financial report for the last three years.
The company is the designated industry, excluding the real estate industry.
The company must have a turnover of at least s $50 million in the last year and an average annual turnover of at least s $50 million in the last three years. You must take the company with the highest turnover as the main company to declare your investment plan.
If your company is privately owned, you must hold at least 30% of the equity. The scope of your responsibilities in the company and the profitability of the company will also be taken into consideration.
Your spouse and children (under the age of 21) can apply for permanent residency with you through the global business investor program at the same time. Male dependent applicants are required to perform military service.
Parents and unmarried children over 21 years old are not allowed to apply for PR together, but they can apply for ltvp valid for 5 years