Singapore offers a `Global Investment Program` for high net worth business entrepreneurs and foreign nationals against an investment, for which a `Permanent Residence` can be received against a substantial investment in the country.[heading style="1"]Singapore Immigrant Investor Permanent Residency (PR)[/heading]
Singapore is highly developed international financial centre in south east asia. Singapore is a multicultural country of about 5 million people living in Singapore and of which most of them are Malay, Tamil or Chinese descent. The currency of Singapore is SG$ which is approx 0.55 EUR.
- Stable and prosperous country
- Affordable cost of living
- Multicutural and lingual society
- Favorable taxation for companies and individuals
- Best Healthcare system in the World
Singapore openly welcomes business entrepreneurs and foreign nationals to invest significantly in the country and in return grants a “Permanent Residency (PR) in a quick short period of time. Family members can also accompany the investor to Singapore.[note color="#caeffc"]
Global Investor Scheme: Foreign investors will need to invest SGD $2.5 million (approx US$ 2 million) in a Govt approved ventured capital funds and must have good business experience. You can also form new business or expand your existing business in Singapore.
Financial Investor Scheme: The foreign invest must invest or deposit SGD $5 million (approx US$ 4 mill) in a financial institution authorized by Monetary Authority of Singapore.[/note]
You will be given 6 months time to complete the investment in Singapore. A personal interview needed to be attended in Singapore. With permanent residence investors are allowed to live freely and also a possibility to buy house or real estate property in Singapore.
You can apply for Singapore citizenship and passport after 2 years of permanent residence. Singapore does not allow `dual citizenship` and you have to renounce your existing citizenship before applying one.