|
Item |
GIP |
Single Family Office |
Self- Employment Pass |
|
Time to obtain Permanent Resident (PR) |
Directly grant PR once approved |
PR shall be applied for at least two years after Employment Pass (EP) application |
Eligible to apply for PR at least three years after EP application |
|
Eligibility of Applicant |
Established Business Owners, Next Generation Business Owners, Founders of Fast Growth Companies or Family Office Principals |
Certain educational background, above degree with investment experience |
No mandatory requirement, but a certain educational background, degree or above is a plus |
|
Investment fund |
At least SGD2.5 million |
At least SGD5 million |
No specific requirement |
|
Capital occupation time |
Five years |
Two to five years |
Nil |
|
Granted PR success rate |
To meet the investment option, highest approval rate |
If hire local employees and pays certain corporate income tax, the approval rate is higher |
If hire local employees and pays certain corporate income tax, the approval rate is higher |
|
Granted EP success rate |
N/A |
If it meets the requirements of the size of the fund, more likely to be approved |
Very likely if having physical office, local employees and operations in Singapore |
|
Time resided in Singapore |
At least half of the five years |
EP, no specific time resided in Singapore requirement, however if you plan to apply for PR, better to stay for at least 183 days a year |
EP, no specific time resided in Singapore requirement, however if you plan to apply for PR, better to stay for at least 183 days a year |
|
Salary requirement |
N/A |
At least SGD8,000 |
At least SGD8,000 |
|
Age requirement |
N/A |
Not above 55 |
Not above 55 |
|
Renewal requirement |
Annual total business expenditure of at least SGD2 million |
Annual business expenditure more than SGD200,000, and hired local employees |
No specific business expenditure requirements, but having hired local employees, payment of corporate income tax and carrying out substantial business is a plus |
|
(1) |
Invest SGD2.5 million in a new business entity or in the expansion of an existing business operation. |
|
(2) |
Invest SGD2.5 million in a GIP fund that invests in Singapore-based-companies. |
|
(3) |
Invest SGD2.5 million in a new or existing Singapore-based single family office having Assets-Under Management of at least SGD200 million. |
|
(1) |
Not less than SGD50 million or SGD5 million; |
|
(2) |
Fund managers must hire three investment specialists in Singapore; |
|
(3) |
Annual business expenditure of at least SGD200,000 and 13X shall meet local business expenditure of at least SGD200,000. |
|
Penafian
Segala maklumat dalam artikel ini adalah untuk tujuan perkongsian maklumat sahaja dan bukan merupakan nasihat profesional. Kaizen tidak akan bertanggungjawab terhadap sebarang kerugian atau kerosakan yang timbul daripada penggunaan maklumat tersebut.
|