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How much does it cost to invest in immigration in Singapore?
Choose one of the following two investment methods:
1) Invest 2.5 million Singapore dollars in an approved Singapore investment fund for 5 years, or
2) Invest S $2.5 million to set up a company in Singapore, hire people and operate for 5 years.
To apply for permanent residency through the Global Business Investor Program, you must have:
A) rich business experience; and
B) Successful entrepreneurial background.
The applicant must be the business owner and own shares in the company. The principal applicant, his partner and unmarried children under 2 1 can apply for a green card together. /kloc-More than 0/6 boys should serve in the Singapore army. If they don't want to do military service, they may not be included in the application. 2/kloc-children over 0/year old and parents or in-laws of the applicant can apply for a five-year long-term visit visa.
Singapore green card is valid for 5 years and can be extended after expiration, but it must meet certain residence requirements. Please consult for details.
If the principal applicant has lived in Singapore for more than 1 year within 2 years, the whole family can apply for Singapore citizenship/passport.
EDB Singapore Economic Development Board Investment Plan.
Application requirements:
Option A: Invest at least S $2.5 million to establish new business entities or expand existing business operations.
Option B: Invest at least S $2.5 million in the Global Business Investor Program Fund. (Please download the latest list of Global Business Investor Program funds from "Contact Singapore Website")
A) The applicant must have at least three years of entrepreneurial experience and submit the audited financial reports of the company for the last three years.
B) If the applicant's company belongs to real estate or construction-related industries, the company's turnover in the last year must reach at least S $200 million, and the average annual turnover in the last three years must reach at least S $200 million.
If the applicant's company belongs to other industries, the company's turnover in the last year must reach at least S $50 million, and the average annual turnover in the last three years must reach at least S $50 million.
The applicant must declare the investment plan with the company with the highest turnover as the main company. Applicants can also submit relevant information of other companies you own to meet the minimum requirements of turnover.
C) If the applicant's company is privately owned, the applicant must hold at least 30% equity. The applicant's scope of responsibility in the company and the company's profitability will also be considered for approval.
Additional evaluation criteria for scheme A applicants
* Applicants must submit a detailed three-year business or investment plan according to the outline listed in Form B, including recruitment plan and annual financial plan.
* Applicants need to achieve the goals set in the business or investment plan within three years after investment.
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