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Permanent Residence for Investors |
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As a foreigner who is interested to start up a business or invest in Singapore, you may apply for Permanent Residence (PR) status for yourself and your immediate family (spouse and unmarried children 21 years of age and below).
Investment Options:
Under the scheme, you can choose either of the following investment options:
- Invest at least S$1 million in a new business startup or expansion of an existing business operation or
- Invest at least S$1.5 million in a new business startup, expansion of an existing operation, approved Singapore-incorporated venture capital fund or Singapore-incorporated foundation or trust that focuses on economic development or
- Invest at least S$2 million in a new business startup, expansion of an existing operation, approved Singapore-incorporated venture capital fund or Singapore-incorporated foundation or trust that focuses on economic development. Residential property can be purchased with not more than 50% of the investment amount.
Key criteria for the investor:
- Have a substantial business track record
- Have an entrepreneurial background
- Have a business proposal or investment plan
Application forms required:
- Form A: Personal profile
- Form B: Proposed investment plan
- Form 4: Entry permit to enter Singapore
- Undertaking of terms and conditions of the scheme
- Other supporting documents (listed on Form A)
Further information and the application forms can be obtained from EDB's Singapore office or any of its overseas offices, or from Immigration & Checkpoints Authority (ICA). Please summit the completed application forms to EDB's headquarters.
For further details on eligibility criteria, application procedures, or enquiries on business opportunities in Singapore, please contact EDB's headquarters or any of our international offices.
Singapore Economic Development Board
250 North Bridge Road
#28-00 Raffles City Tower
Singapore 179101
Tel: (65) 6832 6832
Fax: (65) 6832 6565
Website: http://www.sedb.com
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