Source document
Changes to Global Investor Programme will Generate More Spin-offs for the Singapore Economy (Media Release, 2 March 2023)
Has everything in it been taken?
CompleteReviewed 9 Oct 2026
Reviewed. Everything in it that belongs in the tables has been taken.
What the document holds
EDB media release of 2 Mar 2023 (5 pp.): changes to GIP Options A, B and C effective 15 Mar 2023 (new minimums already in program_terms; event already recorded), hiring conditions for re-entry permit renewal, 24,699 jobs created by GIP investors 2011-2022 and an average of 60 investors granted PR a year in 2020-2022 (both already extracted), March 2020 revision (already an event), GIP introduced in 2004 (already an event), and an annex comparing existing and new requirements. Added: the pre-15-March-2023 minimums printed in the annex (S$2.5m for Options A, B and C; family-office AUM S$200m with S$50m held in Singapore; S$2m total business expenditure by year 5) and the new S$50m AUM maintenance condition. Hiring counts (employees to be hired) are conditions without money amounts and are given in notes. Rules restated from other sources are now recorded from this document too (decision 8).
What it supports
22 rows on this site come from this document. Each one opens with the page and the exact words.
2 numbers1 programme17 rules2 events
Other documents give different figures in 2 cases involving this one. Both are kept.
Numbers (2)
Programmes (1)
Rules and prices (17)
- Business investmentmain applicantSGD 2,500,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Investment in a single family officemain applicant; single family office with AUM of at least S$200 million, S$50 million held in SingaporeSGD 2,500,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Investment fund unitsmain applicantSGD 2,500,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Business investmentmain applicantSGD 10,000,000Since 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Investment fund unitsmain applicantSGD 25,000,000Since 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office amount invested locallyamount transferred into Singapore and deployed in qualifying investmentsSGD 50,000,00015 Mar 2023 – 20 Feb 2025 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office assets held in Singaporepart of the family office AUM held in SingaporeSGD 50,000,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Time limit to invest family office fundsOption C: time after Final Approval to deploy at least S$50 million in the qualifying investment categories12 monthsSince 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office professionals employed, for renewalOption C re-entry permit renewal: non-family professionals (legal, tax or investment roles) among the family office's employees3 employeesUntil 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office professionals employed, for renewalOption C re-entry permit renewal: incremental family office professionals, at least 3 of them Singapore Citizens, plus maintaining S$50 million in the qualifying investments5 employeesSince 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Employees required for renewalre-entry permit renewal: employees of the Option A company, the business set up (Option B) or the family office (Option C), of whom at least 5 Singapore Citizens10 employeesUntil 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Employees required for renewalOption A re-entry permit renewal: employees of the Option A company, at least half Singapore Citizens, of whom at least 10 incremental30 employeesSince 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Share a fund must invest in SingaporeGIP fund used for Option B before 15 March 2023: minimum share invested in Singapore-based companies50%Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Total business spending, for renewaltotal business expenditure by year 5 of PR, for re-entry permit renewal (Options A, B and C)SGD 2,000,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office assets under management kept, for renewalAUM to be maintained across the four investment categories through the 5-year PR period (Option C, re-entry permit renewal)SGD 50,000,000Since 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office assets under managementsingle family office assets under managementSGD 200,000,000Until 14 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
- Family office assets under managementsingle family office assets under management (may be partly offshore)SGD 200,000,000Since 15 Mar 2023 · Singapore EDB 2023Singapore · Global Investor Programme
About the document
What it covers GIP changes effective 15 Mar 2023 (Options A/B/C old vs new, annex table); jobs created by GIP investors 2011-2022; average PR grants per year 2020-2022; March 2020 revision.
Notes Official EDB release; 5 pages. Annex compares "existing requirements" (pre-15 Mar 2023) with new ones.
Source id sgp-edb-gip-mr-2023 · accessed 2 Oct 2026