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Top 5 Most Popular FAQs
What are the options to apply for PR through the Global Investment Programme?
The Global Investor Programme (GIP) eases the way for foreign entrepreneurs to set up and conduct businesses in Singapore. EDB will provide assistance in linking up foreign entrepreneurs and investors with local business networks, thus opening up more opportunities for business collaborations. Through the GIP, you can tap on with ease a range of immigration facilitation for your entry and stay in Singapore. As a foreigner entrepreneur 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 below 21 years of age).
Under GIP, you can choose one of the following investment options:
Option A: Invest at least S$2.5 million in a new business entity or to expand an existing business operation.
Option B: Invest at least S$2.5 million in a GIP fund that invests in Singapore-based companies.
In order to be eligible for the scheme,
- You must possess at least 3 years of entrepreneurial track record and must produce audited financial statements of your company for the last 3 years.
- If your company is in the real estate or construction-related industry, your company’s turnover must be at least S$200 million in the most recent year, and at least S$200 million per annum on average for the last 3 years;
- If your company is in other sectors, your company’s turnover must be at least S$50 million in the most recent year, and at least S$50 million on average for last 3 years.
- If your company is privately owned, you should have at least 30% shareholding in the company. Your role in the company, as well as the profitability of your company would be taken into consideration.
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What is the procedure to set up an RHQ or IHQ in Singapore?
Before you apply
Learn more about RHQ and IHQ on EDB’s website. Download and read the
for more information.
Ensure that you qualify for the programme. Contact EDB if you need help.
Meet with the EDB officer-in-charge to discuss your application. The officer can help you work out the eligibility criteria and determine if you meet them.
Applying for RHQ or IHQ
Obtain the application form from EDB.
Submit the application form with the supporting documents.
Upon successful application
Receive notification from EDB
Keep proper financial records. E.g. accounts, profit & loss, audited financial statements
File your company taxes and claim under RHQ.
For more information about the process, please contact us at
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What is the procedure to apply for PR through GIP?
Step 1 – Payment of a Non-refundable Application Fee
(a) You are required to pay a non-refundable application fee of S$5,650 before submitting the application forms.
(b) The application fee is to be credited to the following bank account using telegraphic transfers from overseas, or local interbank transfer.
Bank account details:
Economic Development Board Bank
Name: DEUTSCHE BANK AG
Bank Address: 1 Raffles Quay #15-00 South Tower Singapore 048583
Bank Account: 2547701000
Bank Code: 7463001
Swift Code: DEUTSGSGXXX
Please include the following information in your transfer: ‘Application Fee for <Applicant's Name, Date of Birth>
, Contact SG’
(c) After making the payment, please ensure that you obtain a hard copy of your payment transaction slip for submission with other documents highlighted in “List of Supporting Documents for GIP Application” uploaded on Contact Singapore’s website -
. A scanned copy of the payment transaction slip must also be attached to Form C of the application forms. The time between the remittance of the application fee and the submission of application form must be within 1 month.
Step 2 – Download the Application Forms (Form A, Form B and Form C)
Please download Application Forms - Form A (Personal Profile), Form B (Proposed Investment Plan) and Form C (Payment Details) from
for completion offline.
Step 3 – Upload the Completed Application Forms (Form A, Form B and Form C)
After completing the Application Forms (Form A, Form B and Form C), please upload the forms to
Step 4 – Submit the supporting documents in hard copy to Contact Singapore
For further details on eligibility criteria, application procedures, or enquiries on business opportunities in Singapore, please contact Contact Singapore’s headquarters or any of its international offices.
250 North Bridge Road
#28-00 Raffles City Tower
Tel: (65) 6832 6832
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What is the Regional/International Headquarters Award?
The RHQ / IHQ award aims to encourage companies to use Singapore as the base to conduct HQ management activities.
For more information, please click
to download the Headquarters Award leaflet.
To contact an EDB officer on the RHQ or IHQ scheme, please contact us at
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What is the EDB?
Singapore Economic Development Board (EDB)
is the lead government agency for planning and executing strategies to enhance Singapore’s position as a global business centre. EDB dreams, designs and delivers solutions that create value for investors and companies in Singapore. Our mission is to create for Singapore, sustainable economic growth with vibrant business and good job opportunities. EDB’s ‘Host to Home’ strategy articulates how we are positioning Singapore for the future. It is about extending Singapore's value proposition to businesses not just to help them improve their bottom line, but also to help them grow their top line through establishing and deepening strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally.
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Last Updated on 20 May 2013
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