Visa
Golden visa in Singapore
The Global Investor Programme gives Singapore permanent residence to business owners and family-office principals who invest in Singapore. One of three investment options is about S$10 million in a Singapore business (to be safe, more than S$11 million); the others are a GIP-select fund and a family office.
- Official names
- Global Investor Programme (GIP); Singapore Permanent Residence (PR) through the Global Investor Programme; Re-Entry Permit (REP); GIP-select fund; Single Family Office (SFO)
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Who it’s for
- The programme grants permanent residence, not a temporary visa, to investors who plan to grow businesses and investments from Singapore. It is not a route for employees, retirees or people living on passive income, who use other ICA categories.
- Established Business Owners need at least 3 years of entrepreneurial track record and a company with annual turnover of about S$200 million (to be safe, more than S$210 million) last year and on average over three years. Next Generation Business Owners need family with at least 30% of a company turning over S$500 million (to be safe, more than S$510 million).
- Founders of Fast Growth Companies must be a founder and a top individual shareholder of an unlisted company valued at about S$500 million (to be safe, more than S$510 million) and backed by reputable venture capital or private equity firms. Family Office Principals need 5 years of track record and net investible assets of about S$200 million (to be safe, more than S$210 million), excluding real estate.
- The company you qualify with must work in one of the 25 industries on EDB's list, which runs from aerospace engineering and healthcare to space, shipping, arts and sports businesses and family office and financial services.
Sources: Economic Development Board (Contact Singapore), Immigration and Checkpoints Authority (ICA). Checked 17 October 2026.
Money tests
- Option A is an investment of about S$10 million (to be safe, more than S$11 million) in a new Singapore business or the expansion of an existing one. Paid-up capital already in the company can count, and you need at least 30% of it and a management role.
- Option B is an investment of about S$25 million (to be safe, more than S$26 million) in a GIP-select fund that invests in Singapore-based companies, paid from a personal bank account in your sole name at a Singapore-registered bank. EDB does not endorse any fund; seven managers are listed.
- Option C is a Singapore-based Single Family Office with assets under management of about S$200 million (to be safe, more than S$210 million). About S$50 million of that (to be safe, more than S$51 million) must be moved into Singapore and deployed in EDB-specified investments within 12 months of Final Approval, then kept there.
- You make the investment within 6 months of the Approval-in-Principle letter, then send EDB the investment undertaking, a statutory declaration and bank or company evidence, which EDB verifies before ICA issues the Final Approval.
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Documents
- You send EDB signed GIP declarations and undertaking, a printout of the online application, Form 4 (Application for an Entry Permit to Enter Singapore) and a photo. Everyone in the application needs notarised passport pages, birth and marriage certificates and a family background sheet; foreign-language documents need a notarised English translation.
- Business owners add 3 years of audited financial reports, share-ownership proof, a registration certificate, an organisation chart and a curriculum vitae. Family Office Principals add a certified statement of net investible assets from a Singapore-based audit firm, bank, law firm or trust company.
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Timing
- EDB says a complete application takes about 12 months to process, subject to due diligence checks. EDB interviews you, and ICA then issues an Approval-in-Principle valid for 6 months.
- You upload the original e-application forms (scans are not accepted) and mail the hard-copy documents to EDB in Singapore within 1 month of paying the application fee. After the Final Approval letter you have 12 months to formalise your permanent residence.
- EDB's programme page, updated on 16 October 2026, still gives the application steps. The factsheet says it is no undertaking that the programme will continue or that any application will be approved.
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Fees
- The application fee is S$20,000, paid to EDB in one transaction before you submit the forms, and it is non-refundable whatever the outcome. Bank charges are on top and must not be deducted from the fee.
- Each applicant also pays ICA a non-refundable S$100 processing fee, and when permanent residence is formalised a S$20 Entry Permit, a S$50 five-year Re-Entry Permit and a S$50 Singapore Identity Card.
Sources: Economic Development Board (Contact Singapore), Immigration and Checkpoints Authority (ICA). Checked 17 October 2026.
How long it lasts and renewal
- When you formalise your permanent residence you get a Re-Entry Permit valid for 5 years. It keeps your permanent residence while you are outside Singapore; without a valid one you lose it once you leave.
- A 5-year renewal needs the original investment kept plus the economic condition: Option A needs a company with 30 employees (half Singapore citizens, 10 of them new), Option B keeps the fund investment, and Option C needs 5 new family-office professionals (3 Singapore citizens) and the deployed assets kept. All three also need you or all your dependants to have lived in Singapore more than half of the time.
- A 3-year renewal needs either the economic condition or the residence condition, not both. You apply through ICA's electronic Re-Entry Permit system from 3 months before expiry, and the permit lapses if you apply late. Renewal is not guaranteed.
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Path to permanent residence
- The route itself grants permanent residence, so there is no temporary stage. You keep it by renewing the Re-Entry Permit every 3 or 5 years. EDB's residency page says you can apply for citizenship after at least 2 years as a permanent resident, at 21 or older, judged on merits.
- Your spouse and unmarried children under 21 at the date of application can be included and receive permanent residence. Male children who gain it through you are liable for National Service.
- Parents and unmarried children aged 21 or over cannot be dependants. They can apply for a Long-Term Visit Pass tied to the validity of your Re-Entry Permit.
Sources: Economic Development Board (Contact Singapore). Checked 17 October 2026.
Tax
- IRAS treats a Singapore citizen or permanent resident who lives in Singapore, apart from temporary absences, as a tax resident. Resident rates from the 2024 year of assessment start at 0% on the first S$20,000 and reach 24% above S$1 million.
- IRAS says gains from selling shares and financial instruments are generally treated as personal investments and not taxable, and property gains are generally not taxable unless you are deemed to be trading. Singapore one-tier dividends and foreign dividends received in Singapore by resident individuals are generally not taxable, except through a Singapore partnership.
- We found no tax regime written into the programme's own EDB pages, so the position of any family-office or fund structure is not covered here. Permanent residents can contribute to the Central Provident Fund, which foreigners working in Singapore have not been able to since 2003.
Sources: Inland Revenue Authority of Singapore (IRAS), Economic Development Board (Contact Singapore), Ministry of Manpower (MOM). Checked 17 October 2026.
Your passport
If you hold a US, Canadian, Australian or New Zealand passport
What differs for each passport, from the same sources. A line that says there is no difference means the sources we read name none.
United States passport
- US passports are not on ICA's list of those needing a visa to visit. The GIP undertaking and statutory declaration, made in a non-Commonwealth country such as the US, must be signed before authorised Singapore embassy or consular staff. US citizens generally file US federal returns abroad, and the IRS treaty list does not include Singapore.
Sources: Immigration & Checkpoints Authority (ICA), Economic Development Board (Contact Singapore), Internal Revenue Service (IRS). Checked 17 October 2026.
Canada passport
- Canadian passports are not on ICA's list of those needing a visa to visit. Canada is a Commonwealth country, so the GIP declaration and undertaking can be signed before a notary public, Justice of the Peace or other authorised person there. Canada and Singapore have a 1976 income tax convention, and Canada joined the Apostille Convention on 11 January 2024.
Sources: Immigration & Checkpoints Authority (ICA), Economic Development Board (Contact Singapore), Department of Finance Canada, Hague Conference on Private International Law (HCCH). Checked 17 October 2026.
Australia passport
- Australian passports are not on ICA's list of those needing a visa to visit. Australia is a Commonwealth country, so the GIP declaration and undertaking can be signed before a notary public, Justice of the Peace or other authorised person there. Australia's Treasury lists a Singapore tax agreement with a protocol in force from 22 December 2010.
Sources: Immigration & Checkpoints Authority (ICA), Economic Development Board (Contact Singapore), Australian Treasury. Checked 17 October 2026.
New Zealand passport
- New Zealand passports are not on ICA's list of those needing a visa to visit. New Zealand is a Commonwealth country, so the GIP declaration and undertaking can be signed before a notary public, Justice of the Peace or other authorised person there. New Zealand's Inland Revenue lists Singapore among its tax agreements in force.
Sources: Immigration & Checkpoints Authority (ICA), Economic Development Board (Contact Singapore), Inland Revenue (New Zealand). Checked 17 October 2026.
Other visas
Other visas in Singapore.
The country
More on Singapore.
Questions about Golden visa in Singapore.
How much does Singapore's Global Investor Programme ask you to invest?
It depends on the option. Option A is about S$10 million in a business (to be safe, more than S$11 million). Option B is about S$25 million in a GIP-select fund (more than S$26 million). Option C is a family office with about S$200 million (more than S$210 million).
Who qualifies for Singapore's Global Investor Programme?
Four profiles: established business owners, next-generation business owners, founders of fast-growth companies and family-office principals. The company turnover or valuation bars run to about S$200 million or S$500 million. It is not a route for employees or retirees.
What does Singapore's Global Investor Programme cost to apply for?
The application fee to EDB is S$20,000, non-refundable whatever the outcome. ICA charges S$100 per applicant on receipt, then S$20 for the Entry Permit, S$50 for the 5-year Re-Entry Permit and S$50 for the identity card when permanent residence is formalised.
How long does Singapore's Global Investor Programme take to process?
EDB says about 12 months for a complete application. After an interview, ICA issues an Approval-in-Principle valid for 6 months, in which you make the investment. Once the Final Approval arrives, you have 12 months to formalise your permanent residence.
Does Singapore's Global Investor Programme give permanent residence straight away?
Yes, it is a permanent residence route, not a temporary visa. You get a Re-Entry Permit valid for 5 years, and keeping your status means renewing it against the investment and employment or residence conditions. Citizenship needs at least 2 years as a resident.
Can your family join you on Singapore's Global Investor Programme?
Your spouse and unmarried children under 21 can be included as dependants and receive permanent residence. Your parents and children aged 21 or over cannot; they can apply for a Long-Term Visit Pass tied to your Re-Entry Permit.
Sources
Official sources we used.
Government and official pages only, each with the date we checked it.
- Visa requirements, Immigration & Checkpoints Authority (ICA), Singapore. Checked 15 October 2026.
- Global Investor Programme factsheet (PDF), Economic Development Board (Contact Singapore), Singapore. Checked 17 October 2026. Factsheet updated 5 May 2025; qualifying profiles, options A to C, S$20,000 fee, renewal criteria.
- U.S. citizens and residents abroad: filing requirements, Internal Revenue Service (IRS). Checked 17 October 2026. Page last reviewed 28 September 2026.
- United States income tax treaties, A to Z, Internal Revenue Service (IRS). Checked 15 October 2026.
- Convention between Canada and the Republic of Singapore, Department of Finance Canada. Checked 17 October 2026. Page dated 16 September 2019; reference copy, no official sanction.
- Status table: Convention of 5 October 1961 abolishing the requirement of legalisation for foreign public documents (Apostille Convention), Hague Conference on Private International Law (HCCH). Checked 17 October 2026.
- Income tax treaties, Australian Treasury. Checked 15 October 2026.
- Tax treaties, Inland Revenue (New Zealand). Checked 15 October 2026.
- Changes to Global Investor Programme will generate more spin-offs for the Singapore economy, Economic Development Board (Contact Singapore), Singapore. Checked 17 October 2026. Announced 2 March 2023; changes effective 15 March 2023.
- Global Investor Programme, Economic Development Board (Contact Singapore), Singapore. Checked 17 October 2026. Page last updated 16 October 2026; application steps and S$100 ICA fee.
- Apply for Permanent Residence, Immigration and Checkpoints Authority (ICA), Singapore. Checked 17 October 2026. Page last updated 13 March 2026; ICA fees S$100, S$20, S$50 and S$50.
- GIP-select funds, Economic Development Board (Contact Singapore), Singapore. Checked 17 October 2026. Page last updated 16 October 2026; seven fund managers listed.
- Permanent Residency and Citizenship, Economic Development Board (Contact Singapore), Singapore. Checked 17 October 2026. Page last updated 16 October 2026; Re-Entry Permit and citizenship.
- Individual income tax rates and tax residency, Inland Revenue Authority of Singapore (IRAS). Checked 17 October 2026. Resident rates from the 2024 year of assessment.
- Gains from sale of property, shares and financial instruments, Inland Revenue Authority of Singapore (IRAS). Checked 17 October 2026. Page last updated 27 February 2026.
- Dividends, Inland Revenue Authority of Singapore (IRAS). Checked 17 October 2026. Page last updated 27 February 2026.
- Written answer on CPF contributions for Employment Pass and EntrePass holders, Ministry of Manpower (MOM), Singapore. Checked 15 October 2026.