Destinations
Singapore
Singapore’s Global Investor Programme grants permanent residence to investors who commit at the very top of the range — from SGD 10 million into a business, a fund or a family office — in one of the world’s strongest financial hubs, with no capital gains tax. The thing to be clear about: this is residence, not a quick passport, and Singapore does not allow dual citizenship, so naturalising later means renouncing your original nationality.
Key facts
- From
- $7 400 000≈ $9 879 000 — estimated total, family of four, fees included
- Processing time
- 7–10 months
- Physical presence
- To renew the five-year Re-Entry Permit that carries permanent residence, GIP holders must keep the investment in place and show real economic ties — typically residence in Singapore and, for many, jobs created. It is not a passive arrangement.
Tax at a glance
- No capital gains tax
- Foreign income is generally not taxed unless received in Singapore
- Top personal income tax rate is 24%; corporate tax is 17%
- No inheritance or estate duty; a one-tier system means dividends are not taxed again
- GIP gives permanent residence, not citizenship — and dual citizenship is not allowed
Frequently asked questions
Does the GIP give a Singapore passport?
No. The GIP grants permanent residence. Citizenship is a separate, later and discretionary step, and because Singapore does not allow dual nationality, naturalising requires renouncing your original passport.
What is the minimum investment?
From SGD 10 million (about 7.4 million USD) in a business (Option A). The fund route is SGD 25 million, and the family-office route requires assets under management of at least SGD 200 million with SGD 50 million deployed in Singapore.
Will Singapore tax my worldwide income?
Generally only Singapore-source income and foreign income received in Singapore are taxed, up to 24%, and there is no capital gains tax. Holding PR does not by itself make you tax-resident, and it does not remove obligations to a country that taxes on citizenship, such as the United States.