About Global Investor Program (GIP)
GIP was first introduced in Singapore for high net worth individuals having a substantial business track record, an entrepreneurial background with a solid business or investment proposal as regards to their future plans in Singapore. The aim of the GIP was to attract these foreigners to invest and grow Singapore’s economy. In early April 2012, the government abolished the previous Financial Investor Scheme, making the GIP the only way forward for investment into Singapore.
Even though the criteria are quite straight forward, only 3 out of 10 applications submitted are successful.
Cayman has been working with Private Banks, Estate Agencies, Insurance Agencies and Fund Managers to provide immigration services for GIP High-net worth clients internationally. Our experience and knowledge in this field, combined with excellent client relationship service makes us the number one choice to ensure a successful GIP application.
Government Assessment Criteria
Minimum 3 years entrepreneurial experience with annual revenue of company to be at least SGD$50 million in the average of 3 years and in the most recent year based on audited accounts. (SGD $200 Million for Construction Companies) For privately owned companies, applicant must own 30% shareholding.
Investment Options
Option A
Invest at least SGD$2.5 million in a new business entity or expansion of an existing business operation.
Option B
Invest at least SGD$2.5 million in any GIP approved fund
Also, for Investors applicants whom do not meet the GIP criteria or have applied and got rejected, we have the alternative solution for you.
To find out how to be a Affiliate partner or if you have further questions on the Global Investor Program, please kindly email GIP@cayman.com.sg