Changes in Global Investor Programme (GIP)
28/03/2023
An increase in the minimum investment requirement and tweaks to other criteria in the Global Investor Programme (GIP) will help Singapore bring in “high-quality” investors, while ensuring that investments are directed to support local businesses and create jobs.
From Mar 15, applicants will have to invest more – at least S$10 million in a new or existing business or S$25 million in an approved fund, or a new or existing single family office based here with at least S$200 million in assets under management. Of which, a minimum of S$50 million must be deployed in any of these four investment categories – companies listed on licensed exchanges here, qualifying debt securities, funds distributed by Singapore-licensed managers, or private equity injection into non-listed, Singapore-based businesses.
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