Eligibility requirements
- Established business owner: at least three years of entrepreneurial track record; a company with turnover of at least S$200 million in the most recent year and on a three-year average; at least 30% shareholding if the company is privately held; and a business in an industry on EDB's Annex B list.
- Next-generation business owner: the immediate family holds at least 30% or is the largest shareholder of a company with turnover of at least S$500 million in the most recent year and on a three-year average; the applicant sits on the management team, for example at C-suite or board level; and the business is in an Annex B industry.
- Founder of a fast-growth company: founder and one of the largest individual shareholders of a non-public company valued at S$500 million or more, backed by reputable venture-capital or private-equity firms, in an Annex B industry.
- Family-office principal: at least five years of entrepreneurial, investment or management experience and net investible assets of at least S$200 million.
- Option A: invest at least S$10 million in a new business or an expansion of an existing Singapore business, hold at least 30% and sit on the management team, with a five-year business plan. Option B: invest S$25 million in a GIP-select fund that invests in Singapore-based companies. Option C: establish a Singapore single family office with at least S$200 million in assets under management, of which at least S$50 million is transferred into Singapore and deployed in EDB-specified investments within 12 months of final approval.
- Due diligence on source of wealth and funds is part of the assessment. EDB states that processing takes about 12 months, subject to that diligence.
Legal framework
EDB: Global Investor Programme factsheet ↗
The factsheet sets out applicant profiles, investment options, approval stages, family inclusion and re-entry permit renewal conditions.
EDB: changes to the GIP, March 2023 ↗
Announces the revised options and the 15 March 2023 effective date.
ICA: applying for permanent residence ↗
ICA lists foreign investors under the GIP as a category of PR applicant and grants the status.
ICA: re-entry permit ↗
A valid re-entry permit is required to keep PR while travelling; from 1 December 2025 the Immigration Act sets when PR is lost without one.
Build the evidence
Prepare records that substantiate the relevant criteria. The final checklist depends on the applicant, route and filing authority.
- Corporate ownership and control charts, audited accounts and turnover evidence for the qualifying company over the relevant three-year period, or valuation and investor evidence for a fast-growth company.
- A documented source of wealth and source of funds for the investment, prepared to the standard of a bank's onboarding file.
- For Option A, a five-year business plan with headcount, capital and premises; for Option B, the GIP-select fund subscription documents; for Option C, the single family office structure, investment mandate and the plan to deploy S$50 million in EDB-specified investments within 12 months.
- Identity, marriage and birth documents for the spouse and unmarried children under 21 who will be included; National Service information for male children.
- The non-refundable application fee of S$10,000, paid in a single transaction.
How to apply
- 01
Match the profile and option to the family's real plans
Decide whether the family intends to operate a Singapore business, invest through a fund, or run a single family office with staff. The option chosen dictates the renewal conditions for years to come.
- 02
Prepare the EDB application and due-diligence file
Compile the business, valuation, wealth and family documents. WG coordinates mobility alongside the family's legal, tax, banking and investment advisers; those advisers, not WG, structure the investment.
- 03
Approval in principle and the investment window
The approval in principle is valid for six months, within which the investment must be made. EDB verifies the investment documents before ICA issues final approval.
- 04
Formalise PR within 12 months of final approval
The applicant and included dependants complete ICA's formalities. The re-entry permit runs for five years from formalisation.
- 05
Run the business or family office to the renewal conditions
Under Option A, the company must employ at least 30 people, at least half Singapore citizens, including at least 10 incremental hires; under Option B the S$25 million must be maintained; under Option C the family office must add at least five incremental professionals, at least three of them citizens, and maintain the S$50 million deployment. Keep the residence record as well.
After approval & family planning
- A spouse and unmarried children under 21 at the application date may be included. Parents and children aged 21 or over are not dependants under the programme but may apply for a Long-Term Visit Pass tied to the re-entry permit's validity.
- Male children who obtain PR as dependants are liable for National Service. This is a serious, long-term obligation that should be understood before the family decides which children to include.
- A five-year renewal of the re-entry permit requires both the option's investment and business conditions and the residency test (the applicant, or all dependants who obtained PR under the application, having lived in Singapore for more than half the time). A three-year renewal requires the investment conditions plus either the business condition or the residency test.
- Renewal applications open three months before expiry. A late application causes the re-entry permit to lapse, and under the Immigration Act 1959 as amended from 1 December 2025 a PR who leaves without a valid permit and does not apply within 180 days loses PR status.
- Citizenship is a separate ICA application, normally after at least two years as a PR, and Singapore does not allow dual citizenship.
What this route builds, and what it opens
WG assesses every route on three returns: the knowledge it adds, the cognitive capability that sustained work abroad develops, and the institutional opportunity it opens or closes. Real work is the mechanism in each case.
Knowledge
Option A and Option C require the principal to build and staff a Singapore business or family office under EDB's employment conditions. Doing that genuinely teaches Singapore corporate, employment and fund practice; delegating it entirely to service providers produces a file, not knowledge.
Cognition
A principal who hires Singaporean professionals, sits on the management team and spends more than half the year in the country develops the sustained local judgement that the residency test is designed to reward. The programme is built around presence, not remote ownership.
Opportunity
The programme opens PR for the principal, spouse and minor children, a family-office platform and, in time, citizenship. It also attaches National Service liability to sons who obtain PR, and it ties re-entry permit renewals to employment and investment conditions that constrain how freely the family can disengage later.
Programme context. Where a participant will genuinely take a management role in an Option A business or a staffed Option C family office, the Singapore experience may be assessed as a real managerial record. The programme itself is a family decision, not a successor's training route. Read the framework ↗
Frequently asked questions
Is PR granted when the money is invested?
Not automatically. EDB assesses the profile and verifies the investment, then ICA grants PR. Approval in principle, final approval and formalisation are distinct stages and the authority decides at each.
Can parents be included?
Not as dependants. Parents, and children aged 21 or over, may apply for a Long-Term Visit Pass tied to the re-entry permit.
Does Option C require the family to move the whole S$200 million to Singapore?
EDB's published condition is at least S$200 million in assets under management, with at least S$50 million transferred into Singapore and deployed in EDB-specified investments within 12 months of final approval. Confirm the detail with EDB and the family's advisers.
What if we spend most of the year outside Singapore?
The residency test matters for renewal. If neither the applicant nor the included dependants live in Singapore for more than half the time, a five-year renewal is not available and a three-year renewal depends on meeting the option's business condition.
Does the GIP interact with the Section 13O/13U fund tax incentives?
They are separate. Option C concerns the immigration and investment conditions of the programme; any fund tax incentive is a separate MAS application with its own conditions. See WG's family-office page.
Will my son have to serve National Service?
If he obtains PR as a dependant under the application, yes, he is liable under the Enlistment Act. Renouncing PR to avoid service has serious consequences for him and for the family's future applications.
Points to consider
- The programme tests real investment and, for Options A and C, real employment of Singaporeans. The renewal conditions are measured in people hired and money kept in place, not in intentions.
- No part of this page is investment or tax advice. The family's own regulated advisers should assess the investment, the fund and any family-office structure before an application is contemplated.
Sources & further reading
Editorial review: 21 October 2026. Official rules, forms, fees and entry restrictions can change. Check the linked authority before an application or investment decision.
General information, not an individual eligibility decision or legal, tax or investment advice. The competent authority determines the outcome. WG’s engagement and any regulated professional work are scoped separately.