Global Business Investor Program (GIP)
The Global Investor Program, GIP "is planned and managed by the liaison Singapore department under the Economic Development Board of Singapore. Contacting the Singapore department mainly involves establishing connections with business owners and entrepreneurs, assisting them in investing and expanding their business in Singapore.
Investment plan
A
Invest no less than SGD 10 million to establish a new commercial entity or expand existing entity business
B
Invest no less than SGD 25 million in selected funds under the Global Business Investor Program
C
Establish a single family wealth management office in Singapore that manages assets of no less than SGD 200 million, and invest no less than SGD 50 million into the following four investment categories (not limited to one category)
Global Business Investor Program Eligibility Application
Senior business owner
The next generation of business owners
Founder of a rapidly growing enterprise
Head of Family Wealth Management Office
Applicable plan: Plan A, B or C
Specifically, qualification criteria:
- You must have no less than three years of entrepreneurial and business experience; as well as
- The company you operate must have a turnover of no less than SGD 200 million in the past year, and an average annual turnover of no less than SGD 200 million in the past three years; as well as
- If your company is privately owned, you must hold at least 30% equity; as well as
- Your company must belong to at least one of the industries listed in Appendix B.
The approval process for the Global Business Investor Program
01
The applicant shall submit the complete Global Business Investor Program application form (including electronic and printed versions) to the Economic Development Board of Singapore
02
The Singapore Economic Development Board invites applicants to attend interviews
03
If the applicant meets the evaluation criteria, they will receive a letter of approval in principle for the Global Business Investor Program from the Immigration and Checkpoints Authority (ICA) of Singapore The validity period of this approval letter is six months
04
The applicant must fulfill the promised investment in the application form within the six-month validity period of the approval letter in principle
05
After implementing the investment, the applicant must submit relevant supporting documents (such as certified copies of equity certificates, bank statements, and other legal documents) and a guarantee of investment terms and conditions to the Economic Development Board of Singapore
06
After the Economic Development Board of Singapore confirms the relevant supporting documents, the Immigration and Checkpoints Authority (ICA) of Singapore will issue a final approval letter for the Global Business Investor Program to the applicant. Option C requires the applicant to prove that they have invested no less than SGD 50 million within twelve months from the date of issuance of the final approval letter
07
Applicants must complete the relevant procedures within twelve months of obtaining the final approval letter for the Global Business Investor Program to officially become permanent residents of Singapore.
Procedure
Pay Application Fee
Download Application Form
Upload the completed form
application form
Submit to the Economic Development Board of Singapore
Submit relevant hardware certification documents
- Before submitting the application form, you need to pay an application fee of SGD 10000. The application fee must be a one-time payment and cannot be refunded. The transaction fees incurred when you submit payment instructions to financial institutions are not included in the application fee and must be borne by you separately. If the application fee received is less than SGD 10000, the Economic Development Board of Singapore will not process your application. If the application fee exceeds 10000 Singapore dollars, the excess amount will not be refunded.
- Please come fromwww.edb.gov.sg/cn/gip Download the application forms - Form A (Personal Information), Form B (Investment Plan and Proposal), and Form C (Payment Details), and complete them offline.
- After completing the application forms (Form A, Form B, and Form C), please upload the forms to https://application.sgip.gov.sg
- Please submit the relevant supporting documents as listed in Appendix A.
Pay Application Fee
- Before submitting the application form, you need to pay an application fee of SGD 10000. The application fee must be a one-time payment and cannot be refunded. The transaction fees incurred when you submit payment instructions to financial institutions are not included in the application fee and must be borne by you separately. If the application fee received is less than SGD 10000, the Economic Development Board of Singapore will not process your application. If the application fee exceeds 10000 Singapore dollars, the excess amount will not be refunded.
Download Application Form
- Please proceed fromwww.edb.gov.sg/cn/gip Download the application forms - Form A (Personal Information), Form B (Investment Plan and Proposal), and Form C (Payment Details), and complete them offline.
Upload the completed application form
- Complete the application forms (Form A, Form B, and Form C) Afterwards, please upload the form tohttps://application.sgip.gov.sg
Submit relevant hardware certification documents to the Singapore Economic Development Board
- Please submit the relevant supporting documents as listed in Appendix A.
