Global Investor Programme

EDB says the changes would encourage GIP investors to deploy more funds in the local financial system and generate more jobs for Singaporeans.

Singapore raises minimum investment sums for ultra-rich seeking permanent resident status

INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those...

The Pioneer Certificate, Development and Expansion Incentive and Investment Allowance tax incentives are all to be extended till Dec 31, 2028.
SINGAPORE BUDGET 2023

Singapore extends investment promotion tax incentives; raises quantum for Global Investor Programme

SINGAPORE is extending several investment promotion tax incentives for five more years, even as it prepares to implement global tax rule changes.

GIP investors have brought Singapore more than S$5.46 billion in total business expenditure via direct investments from 2011 to 2022, said Minister of State for Trade and Industry Low Yen Ling.

About 200 granted PR under Singapore’s Global Investor Programme in last three years

ABOUT 200 people were given permanent residency through Singapore’s Global Investor Programme (GIP) from 2020 to 2022, said Minister of State for Trade and Industry Low Yen Ling in Parliament on Thurs...