Singapore Global Investor Program

OVERVIEW

SINGAPORE INVESTOR VISA

Indeed Singapore, an island country in Asia, remains one of the most envied tourist destinations around the Globe. And it holds on to this claim for several good reasons. It is a paradise that enjoys steady economic and political systems. With a sound educational system and a reliable world-class healthcare service delivery tourists who visit can't escape the lure of relocating to Singapore. Its friendly tax regime and business policies that favour foreign investors double the appeal.

PROGRAM DETAILS

APPLY FOR SINGAPORE BUSINESS VISA

With this Singapore Global Investor Program (GIP) designed to encourage HNW individuals who desire to invest in the country, eligible investors are welcomed and bolstered to do business here, in this global financial centre. Plus it opens the opportunity to become a permanent resident and even gain citizenship in the country by applying for a Singapore Business Visa.

PERMANENT RESIDENCE

Although the procedure of gaining permanent residence under the Global Investor Program (GIP) is quite straightforward it sometimes takes a lot of time to get through it. The applicant is required to fill and file an e-application form containing relevant data of his or her profile to the authorities. This will be submitted along with the hard copies. Once this gets through, the applicant will have to attend an interview. Usually, it takes about two or four months before the applicant is invited for the interview.

Approval in principle which is valid for six months will be issued to the applicant if the application meets the required criteria and the application is successful. Within the six month validity period, it is expected that the applicant makes the obligatory investments specified in the investment plan chosen and provide documentary proof of the investment.

ELIGIBILITY CRITERIA

INVESTMENT OPTIONS

Applicants can seek a Singapore business visa and invest their way to becoming a permanent resident in Singapore. This path could cover both the applicant and immediate family. There are two investment schemes under the Singapore Global Investor Program from which the investor or applicant can choose from.

Option A:

The applicant is required to make an investment of not less than SGD 2.5 million in either an expansion of an existing business or an entirely new business.

Option B:

Here, the applicant is required to make an investment of not less than SGD 2.5 million minimum in any of the GIP approved funds.

Besides the monetary capital that is required, the individual has to prove that they've got a good business record in the past and/or that they possess credible entrepreneurial skills. Once the applicant gets the final approval letter, he or she may proceed to initiate the process of formalizing his or her permanent residence status and must complete the process within 12 months after the approval letter has been offered.

BENEFITS OF PROGRAM

Features of the Investor Visa Program in Singapore

• Investors are not limited in options where to funnel their investment: they can invest in the venture capital funds approved by the Singapore Government or any new company or in a business that already operates.
• The investment of monetary infusion starts from 2.5 million SGD.
• Applicants of the program will be given the half year for performing their investments.
• GIP applicants need to attend an appointment with the authorities.
• Investor and his spouse and unmarried children less than 21 years of age can get PR right after the qualifying for the GIP.
• It is allowed for all business niches qualify for the GIP scheme; kindly reach out whether your selected the one qualifies from the Opulentus visa consultant. They required for more aggressive investment for getting the PR.

VISA PROGRAM CONDITIONS

One can apply for Singapore's citizenship after two years of permanent residence in the country. However, Singapore is strictly a one-citizenship country and as such does not endorse dual-citizenship. Hence, the applicant must relinquish all previous citizenships before naturalization is granted. All male Singapore citizens are also required to enrol and take part in a two-year mandatory national service to the country. 

APPLICATION COSTING

Visa Fee

$100 per applicant will be paid to the Immigration and Checkpoints Authority

WHY CONTACT OPULENTUS?

Opulentus have been processing the visas for quite a long time and know all the necessary information that you would need. We have more than 18+ years of experience in overseas career and Immigration Industry. Please fill up the free assessment form presented by Opulentus to take the first step for your Visa and Immigration Process.

OPULENTUS FEES, COST AND REFUND POLICY

As an Immigration Consultant, Opulentus offers competitive fee which is best in the Immigration Industry. We processed over one lakh of active cases from all over the world at a given time, thanks to our state-of-the-art processing center. With Opulentus, you get the best hands at the best prices. Standard prices are charged across all our offices. We ensure that besides company offers and promotions, you will not be demanded or asked to pay a higher or lower price. The company determines prices and remain the same for all clients, offices, and cases.

Opulentus Services

• Expert guidance on the complete process
• Documentation (this defers from country to country)
• Checklist of Document stage-wise and help with requisites and choices after the signed copy of service agreement  has been received
• Provision of documents samples
• We also correspond with the department on your behalf whenever there is a need for it
• Support you in scheduling interview date with the embassy
• Mock visa interviews