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Singapore Grants 200 Permanent Residency under Singapore Global Investor Program Over 3 Years from 2020 to 2022, Program Requires S$2.5 Million Investment in Singapore Business or GIP Approved Fund, or Setup Family Office with at Least S$200 Million
23rd February 2023 | Singapore
Singapore has granted around 200 Permanent Residency under the Singapore Global Investor Program (GIP) over 3 years from 2020 to 2022, with the program requiring S$2.5 million ($1.86 million) investment in a Singapore business or GIP Approved Fund, or setup a family office with at least S$200 million ($149 million). The data was released by Singapore Minister of State for Trade & Industry Low Yen Ling during a session in the Singapore Parliament (23/2/23). Singapore Global Investor Program (GIP) data October 2022: S$1.62 billion invested in GIP Approved Funds, with S$1.42 billion deployed into investments (65.6% / S$930 million invested in Singapore-based companies).
“ Singapore Grants 200 Permanent Residency under Singapore Global Investor Program Over 3 Years from 2020 to 2022, Program Requires S$2.5 Million Investment in Singapore Business or GIP Approved Fund, or Setup Family Office with at Least S$200 Million “
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