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  • SINGAPORE
  • Residency by Investment

SINGAPORE

Singapore is a 719 km. country located in Southeast Asia, which has an approximate population of 5.5 Million people. Singapore is famous for its economic development, standard of living and is deemed to be one of the safest, non-corrupted and business friendly atmosphere countries in the world.

The holder of Singaporean passport can travel throughout the world with minimum restrictions. In has to be mentioned that the country has reached that standard of living level through various types of investment programs. The infrastructure and excellent corporate governance is the key to success of Singaporean people. Immigration is not a new issue for Singapore, as there are different ethnic groups in the country (Malay, Indians, Chinese etc.).

The GIP is an opportunity for those investors and their families to enjoy the permanent residency status in exchange of certain amount investment in the country. Economic Development Board and Ministry of Manpower established this program, in order to carry on the economic success and development of Singapore. In order the investor to apply for GIP, he/she must meet several important requirements:

  • The investor must invest at least 2.5 Million SGD in new company or in GIP approved fund.
  • The investor must have at least 3 years entrepreneurial activity, which has to be proved by the audit statement. The long term successful business experience is a huge advantage for finishing the application process successfully.
  • The last year turnover of the investor’s company must not be less than 50 Million SGD.
  • The average turnover of the last 3 years of the investor’s company must not be less than 50 Million SGD.
  • The investor must own at least 30 % of his company’s shares.
  • In case if investor is willing to invest in a new company, he/she is obliged to provide the 5 year plan of the investment. The investor must fulfill the plan in 5 years, after the issuance of the investment visa.
  • In second and fourth year, it is mandatory for the investor to submit the audit statement of the investment procedure.

The application procedure for the GIP is not an easy thing. There is an obligation for the applicants to have an appointment with the responsible authorities. There are a lot of rejections, as the threshold of the program is very high. The most common reason for the rejection is an investor’s business insecurity and inappropriate business plan. GIP gives opportunity to investor and his/her family members to apply for the Singapore Permanent Residency if his/her unmarried Children and spouse are under 21 years old. The sons of applicant who have a Permanent Residency of Singapore must attend the mandatory National Service when they become 18 years old. After 2 years, the applicant who has a permanent residency can apply for the citizenship. Singapore does not recognize dual citizenship and the applicant, who wants to get a Singapore passport, must be ready to renounce his/her present citizenship.

In case if investor and his/her family members want to travel in and out of Singapore, they have to renew their re-entry permits in every 5 years. In order to obtain 3 years renewal:

  • The investor must create minimum 5 jobs for the local citizens and invest at least 1 Million SGD or reside in the country for more than 2, 5 years.
  • In order to obtain 5 years renewal, the investor must meet all the optional requirements of the 3 year renewal.

As there are a lot of requirements and necessary documentation, the responsible authorities need approximately 8 months to finalize the process.

Capital

Singapore

Location

Located in the continent of Asia, Singapore does not share land borders with any countries.

Language

English | Malay | Huayu | Mandarin |Tamil

Currency

Singapore dollar (SGD)

Government

Unitary dominant-party parliamentary republic

Area

719.1 km2

Population

5,607,300

Time Zone

SST (UTC+8)

  • Reasons to choose Singapore?

    • High standard of living
    • Business friendly
    • High quality of eductation
    • Opportunity to get Singapore citizenship after 2 years of residing in the country
    • One of the best places to start business
    • Safe and clean society
  • Visa Free

    Visa-Free/Visa-on-arrival: Albania, American Samoa, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Cambodia, Cape Verde, Cayman Islands, Chile, China, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Fiji, Finland, France, French Guiana, French Polynesia, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Grenada, Guadeloupe, Guatemala, Haiti, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Iran, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Lithuania, Luxembourg, Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, New Caledonia, New Zealand, Nicaragua, Niue, North Korea, Norway, Oman, Palau, Panama, Papua New Guinea, Peru, Philippines, Poland, Portugal, Qatar, Romania, Rwanda, Réunion, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Martin (French part), Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Senegal, Serbia, Seychelles, Sint Maarten (Dutch part), Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, Suriname, Swaziland, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos Islands, Tuvalu, Uganda, United Arab Emirates, United Kingdom, Uruguay, Vanuatu, Vietnam, Wallis and Futuna, Zambia, Zimbabwe

    Electronic Authorization: Australia, Canada, Gabon, Guam, India, Norfolk Island, Northern Mariana Islands, Puerto Rico, U.S. Virgin Islands, United States

    Visa required prior to arrival: Afghanistan, Algeria, Angola, Belarus, Benin, Bhutan, Burundi, Cameroon, Central African Republic, Chad, Congo Republic, Cuba, Côte d'Ivoire, Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Ethiopia, Falkland Islands (Malvinas), Guinea, Guinea-Bissau, Guyana, Iraq, Liberia, Mali, Nauru, Niger, Nigeria, Pakistan, Paraguay, Russia, Sao Tome and Principe, Saudi Arabia, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Turkmenistan, Ukraine, Uzbekistan, Venezuela, Yemen

    Entry denied: Libya

97.4
VISA FREE

1.6
ECONOMIC STRENGTH

21.5
HOUSING

39.8
COST OF LIVING

99.5
DOING BUSINESS

85.7
SAFETY & SECURITY

96.7
EDUCATION

90.7
HEALTHCARE

94.2
ENVIRONMENT

57.9
GROWTH RATE

  • MOBILITY: The number of countries you can travel visa-free.
  • ECONOMIC STRENGTH : How strong country’s economic is.
  • HOUSING: Prices of housing and real estate.
  • COST OF LIVING: How cheap goods and services are.
  • BUSINESS: Easiness of doing business.
  • SAFETY & SECURITY: Crime rates in the country.
  • EDUCATION: Primary and secondary education level.
  • HEALTHCARE: Healthcare system development.
  • ENVIRONMENT: Quality of country’s environment.
  • GROWTH RATE: How fast economic is growing.

CITIZENSHIP BY INVESTMENT PROGRAMS

ANDORRA

Residency By Investment

AUSTRALIA

Residency By Investment

BAHAMAS

Residency By Investment

BULGARIA

Residency By Investment

CANADA

Residency By Investment

COSTA RICA

Residency By Investment

GREECE

Residency By Investment

IRELAND

Residency By Investment

JERSEY

Residency By Investment

MALAYSIA

Residency By Investment

MONACO

Residency By Investment

MONTSERRAT

Residency By Investment

NETHERLANDS

Residency By Investment

NEW ZEALAND

Residency By Investment

PORTUGAL

Residency By Investment

SINGAPORE

Residency By Investment

SPAIN

Residency By Investment

SWITZERLAND

Residency By Investment

THAILAND

Residency By Investment

TIER 1 INVESTOR VISA UK

Residency By Investment

TURKS AND CAICOS

Residency By Investment

USA EB-5 VISA PROGRAM

Residency By Investment



 

ST. KITTS & NEVIS

Kennylin House, New Street
Basseterre, St. Kitts KN.


P.O.BOX
440

Tel
+(1869) 465 2878

Fax
+(1869) 465 6077

Email
skn@bayatgroup.com


 

ANTIGUA & BARBUDA

Roberts Building 60 Nevis Street,
St. John’s, Antigua.


P.O.BOX
1301

Tel
+(1268) 462 0076

Fax
+(1268) 462 3077

Email
atg@bayatgroup.com


 

MONTREAL (CANADA)

3418 Stanley Street #R1
Montreal, Quebec, Canada H3A 1R8.

Tel
+(514) 845-0232

Fax
+(514) 845-0203

Email
mtl@bayatgroup.com


 

NEW YORK (USA)

1Barker Ave, White Plains,
NY 10601, United States.

Tel
+1 914-793-2626

Email
mtl@bayatgroup.com


 

PARIS (FRANCE)

91 , Rue de l' Université
75007 France.


Tel
+335 385 93 00

Fax
+334 551 0119

Mob
+336 801 7808

Email
paris@bayatgroup.com


 

DUBAI (U.A.E)

Suite 2302, Al Moosa Tower II, Trade
Centre area, Sheikh Zayed Rd, Dubai, U.A.E.


P.O.BOX
32422

Tel
+(9714) 355 4646

Mob
+(97150) 624 4646

Fax
+(9714) 355 2357

Email
dxb@bayatgroup.com


 

ABU DHABI (U.A.E)

Level 17, The Offices World trade Center Central Market, Al Markaziya, Abu Dhabi, UAE.


P.O.BOX
3876

Tel
+971 2 654 4086

Mob
+971 52 450 5922

Email
aud@bayatgroup.com


 

KUWAIT

Sahab Tower, level 18 Salhia,
Kuwait city, Kuwait.

 

Tel
2227 3887


 

ROSEAU (DOMINICA)

14 Great Marlborough, Roseau,
Commonwealth of Dominica.

Tel
+1 (767) 612 8290

Mob
+(1 767) 277 8399

Email
dom@bayatgroup.com


 

BEIRUT (LEBANON)

Suite 2029, Louis Vuitton Building
Allenby St. Beirut Souks Area,
Beirut, Lebanon

 

Tel
+(961) 1 957561

Email
bei@bayatgroup.com


 

JEDDAH (KSA)

Level 26 King’s Road Tower, King’s Road, Kingdom of Saudi Arabia.

P.O.BOX
Box 40469, Jeddah 21499

Tel
+966 (12) 229 3248


 

GEORGIA

Freedom Square 4a,
Tbilisi, Georgia.

Tel
+(995) 3 22 424252

Email
tbs@bayatgroup.com


 

KUALA LUMPUR (MALAYSIA)

Menara Standard Chartered,
Unit 35-3
.

Tel
+60 (32) 110 9000

Email
kul@bayatgroup.com