How foreign investors can secure permanent residence in Singapore
The program is part of the Singaporean government's broader aim to attract global talent and strengthen its business environment. Applicants must meet strict eligibility requirements and choose from three investment options, each tied to job creation or capital deployment in Singapore.
Investment options under the program
Applicants can select one of the following investment paths:1. Option A: Invest SGD 10 million (including paid-up capital) into a new or existing business in Singapore and employ at least 30 staff, half of whom must be Singaporean citizens. For existing businesses, 10 employees must be new hires.2. Option B: Invest SGD 25 million in a fund approved by the Singapore Economic Development Board, which invests in Singapore-based companies.3. Option C: Set up a single family office in Singapore with assets under management of at least SGD 200 million. At least SGD 50 million must be deployed in approved investments such as listed companies, qualifying debt securities, licensed funds, or private equity in local businesses. The office must employ at least five additional professionals over five years, including three Singaporean citizens.
Application process and eligibility
The program is open to established business owners, next-generation business leaders, founders of fast-growing tech firms, and family office principals with significant entrepreneurial experience.Applicants must submit an e-application, a personal profile, and a detailed investment plan, along with hard copy supporting documents. After an interview and assessment, eligible applicants receive an Approval in Principle, valid for six months. The investment must be completed within this period. Permanent residence status must be formalized within a year of final approval.Spouses and children under 21 can be included in the application. Male dependents must serve national service. Parents and unmarried children over 21 are not eligible but can apply for a five-year long-term visit pass.
Benefits of Singaporean Permanent Residence
Permanent residents in Singapore enjoy several advantages, including political and economic stability, low crime rates, and a high standard of living. The country offers world-class education, healthcare, and public transport systems, alongside advanced business infrastructure and a favorable tax regime.With a population of around six million and English and Mandarin as main languages, Singapore maintains a multicultural society. Its territorial taxation system means individuals are generally taxed only on income sourced within the country, a factor that appeals to foreign investors.
Re-entry permits and citizenship path
Once permanent residence is formalized, investors receive a five-year re-entry permit (REP), allowing them to travel without losing residency status. REP renewal requirements vary by investment option and may include meeting business targets or maintaining physical presence in Singapore.After two years as a permanent resident, individuals may apply for Singaporean citizenship, which is granted on a single-citizenship basis. The Singapore passport is currently ranked the world's strongest, offering visa-free or visa-on-arrival access to 193 destinations, including Europe's Schengen Area, the USA, and Canada.However, Singapore's ban on dual citizenship means applicants must be prepared to renounce their existing nationality if they seek citizenship.
(Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Tariffs, tantrums, and tech: How Trump's trade drama is keeping Indian IT on tenterhooks
Good, bad, ugly: How will higher ethanol in petrol play out for you?
As big fat Indian wedding slims to budget, Manyavar loses lustre
As 50% US tariff looms, 6 key steps that can safeguard Indian economy
Stock Radar: JSPL forms Ascending Triangle pattern on weekly charts, could hit fresh 52-week high soon
Nifty and business are different species: 5 small-cap stocks from different sectors with upside potential of up to 30%
F&O Radar | Deploy Bear Put Spread in Nifty to play index's negative stance amid volatility
Wealth creation: Look beyond the obvious in some things; 10 fertilizer sector companies worth watching
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
27 minutes ago
- Economic Times
Agent economy has arrived: Can India leapfrog the platform era?
Not long ago, transformation meant thick slide decks, long timelines and consultants advising from the sidelines. They brought frameworks, not outcomes. Today, in a world shaped by generative and agentic AI, businesses are no longer looking for advisors. They're looking for co-creators: partners whose contribution is defined not through scale of people, but through scale of intelligence and an ability to rapidly deliver tangible business AI makes this shift possible. These systems don't just assist but act, learn and adapt within business workflows. They minimise manual intervention and integrate directly into enterprise environments. From onboarding and compliance to reconciliation and customer support, agents execute autonomously, continuously and intelligently. Importantly, this isn't the end of platforms. It's their evolution. Agentic AI thrives on strong digital infrastructure, data pipelines and system integration. Together, platforms and agents form intelligent environments where actions are automated and outcomes accelerated. This changes the game for India. India led the platform era, powered by deep engineering talent and global delivery scale. Now, that talent base becomes a launchpad. The agent economy rewards not just scale, but speed, accuracy and intelligence and calls for a reinvention of how technology is built, deployed and delivered. India's historic strength is application-level innovation. In an age of agentic AI, this is the crucial level - beyond chipset and large language model innovation - where business acceleration is unlocked and organisations can create the greatest value. It's where agentic AI comes alive: embedded in enterprise workflows, customised for real-world processes and scaled with precision. With a global high-end engineering backbone rooted in India, Publicis Sapient is deploying agentic AI to transform how businesses operate. Our proprietary Bodhi platform enables rapid agent deployment, while Sapient Slingshot and CoreAI, built on Bodhi, transform enterprise software development and marketing, respectively. Our India-based teams not only write code but orchestrate complex enterprise environments to make agents effective - in use cases from autonomous onboarding solutions for financial services to agents that manage regulatory compliance for pharmaceutical companies and streamline logistics for built agent-driven platforms that cut manual reconciliation by 80%, and helped Fortune 500 firms develop AI-native capabilities that evolve in real time. Our SPEED capabilities-strategy, product, experience, engineering, and data with AI-embeds agents into enterprise architecture where they act, learn and realise India's potential in the agent economy, three key shifts are move from integration to orchestration. Agents can't function in silos. To be autonomous, they must be embedded within business logic and workflows-not layered onto legacy systems. Publicis Sapient's approach to system orchestration, rooted in domain expertise and agile delivery, shows how India-based teams can lead in building intelligent rethink how value is measured. In the agent economy, the traditional time-and-materials model gives way to value-based engagements. Success is defined by reducing onboarding time, improving compliance accuracy, and driving faster time to value through autonomous execution. Third, expect speed to match ambition. The era of 18-month timelines is over. AI-native delivery models allow for rapid prototyping, refinement, and deployment - in weeks, not quarters. The rise of agentic AI isn't just technological. It's philosophical. It raises the question 'what can AI agents do on their own and where do humans add the most unique value?' This mindset shift lets us redeploy human talent toward higher-value tasks: strategy, judgment, creativity and is uniquely positioned to lead this future. It has the scale, the talent and the mindset. If India commits to building the agentic layer of the enterprise, it won't just ride the next wave - it will define it. (Nigel Vaz is CEO of Publicis Sapient. He will be speaking at The Economic Times World Leaders Forum in New Delhi)
Time of India
38 minutes ago
- Time of India
US company contributes to IIT-K new ward
Kanpur: Co-founders of Opalescent IT Solutions Inc, a US-based company, Manoj Gupta and Neeraj Gupta, contributed funds for an eight-bed ward for economically weaker section patients at the upcoming Gangwal School of Medical Sciences and Technology (GSMST), Indian Institute of Technology Kanpur, through the IIT-K Foundation, a US-based non-profit organisation. The contribution has been made as tribute to their father, late MC Gupta, who served as Superintendent at IIT-K from 1961 to 1997 as well as to underscore the family's enduring connection to the institute. Gupta was honoured with the Long and Satisfactory Service Award in 1987. The new ward will be named in memory of the donor's late parents, Rukmani Gupta and MC Gupta. Director of IIT-K Manindra Agrawal stated, "Specific contributions like this will help us build an inclusive medical infrastructure and a resilient future healthcare system. On behalf of the institute, I express our deepest gratitude to the Gupta family for their generous gesture, which is rooted in their deep sense of enduring connection to IIT Kanpur." Speaking on behalf of the family, Manoj Gupta remarked, "Our father dedicated his life to IIT Kanpur. This contribution is not just a tribute to his service but also a way for us to give back to the institution that helped shape who we are." Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !
Time of India
38 minutes ago
- Time of India
Gupta brothers honour father's service at IIT-Kanpur with gift of health
Lucknow: As a testament to their father's enduring legacy, brothers Manoj Gupta and Neeraj Gupta, co-founders of US-based Opalescent IT Solutions Inc., have etched a lasting tribute in the annals of IIT-Kanpur's history. Their generous donation has paved the way for an eight-bed ward dedicated to economically weaker section (EWS) patients at the esteemed Gangwal School of Medical Sciences and Technology, seamlessly weaving compassion into the fabric of excellence that defines the institution. The contribution, made through the IIT-Kanpur Foundation, a US-based non-profit organization, will support the institute's mission of education and research. The ward will be named in memory of their parents, Rukmani Gupta and MC Gupta, as the EWS Bay/Ward, reflecting the family's enduring connection to IIT-Kanpur. Notably, their father, who served as an administrative superintendent from 1961 to 1997, was recognized for his exemplary service with the Long and Satisfactory Service Award in 1987. This philanthropic gesture not only honours their father's legacy but also strengthens the family's bond with the institute. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If A Cat Bites Their Owner Heres What It Really Means Gloriousa Undo Stating that supporting healthcare access for the underprivileged reflects the values of his parents, Manoj Gupta said, "Our father dedicated his life to IIT-Kanpur. This contribution is not just a tribute to his service but also a way for us to give back to the institution that helped shape who we are." Opalescent IT Solutions Inc., founded in 2018 by the Gupta brothers, is a U.S.-based company that offers legal consulting, customer acquisition, digital marketing, and financial funding for small and medium-sized businesses. Prof Manindra Agrawal, director of IIT-K, said, "The Gangwal School of Medical Sciences and Technology represents our vision to transform healthcare and MedTech innovation in India. Specific contributions like this will help us build an inclusive medical infrastructure and a resilient future healthcare system. On behalf of the institute, I express our deepest gratitude to the Gupta family for their generous gesture, which is rooted in their deep sense of enduring connection to IIT-K. " Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !
