Singapore

Singapore

Singapore, a dynamic metropolis, offers an unparalleled lifestyle for high-net-worth individuals. While compact in size, the city-state boasts lush green spaces, iconic gardens, and vibrant waterfront promenades. A cosmopolitan hub, Singapore embraces a diverse population, offering a rich tapestry of cultures, cuisines, and languages. Known for its safety, efficiency, and world-class infrastructure, the city-state provides an exceptional quality of life. As a global financial center with excellent connectivity, Singapore presents an attractive opportunity to own a second home, where modern luxury meets Asian hospitality.

 
Singapore
Minimum Investment
Processing Time
Validity/ Renewal Period
Global Income Tax
Family Dependency

SGD 10,000,000

9-12 months

5 Years, Renewable Countries
Taxable*

Spouse + Parents + Children

Key Benefits:

  1. Political, social, and economic stability
  2. High level of safety and standard of living
  3. World-class education, healthcare, and transportation systems
  4. Prominent international financial hub
  5. State-of-the-art business infrastructure and telecommunications
  6. Multicultural society
  7. Attractive tax laws for businesses and individuals

Requirements:

  1. Experienced business owners, next-generation entrepreneurs, founders of rapidly growing tech companies, and principals of family offices with significant entrepreneurial, business, and management expertise may choose one of the following investment options to obtain Singaporean permanent residence:
    1. Option A: Invest SGD 10 million (including paid-up capital) into a new or existing business in Singapore, and hire a minimum of 30 employees. To qualify for re-entry permit renewal after the first five years, at least 50% of the employees must be Singaporean citizens, and 10 must be new hires if the business was already established.
    2. Option B: Invest SGD 25 million into a fund approved by the Singapore Economic Development Board that focuses on Singapore-based companies.
    3. Option C: Establish a family office in Singapore with assets under management of at least SGD 200 million. At least SGD 50 million of these assets must be deployed in the following investment categories throughout the five-year residence period:
      1. Companies listed on exchanges regulated by the Monetary Authority of Singapore
      2. Qualifying debt securities (e.g., bonds, notes, commercial papers, certificates of deposit)
      3. Funds managed by Singapore-licensed or -registered managers
      4. Private equity investments into non-listed Singapore-based businesses
  2. To qualify for re-entry permit renewal, at least five additional family office professionals must be hired by the end of the five-year period, with a minimum of three being Singaporean citizens.

Application Process

If the applicant meets all the necessary criteria, the Immigration and Checkpoints Authority of Singapore will issue an approval in principle, which is valid for six months. During this period, the applicant is required to make the selected investment. Successful applicants must complete the formalization of their permanent residence status within one year of receiving the final approval letter.

 

  • Client initiates contact with Destiny Migration Company
  • Initial due diligence checks are completed
  • Client agreement is signed, and retainer payment is made
  • Application for permanent residence in Singapore is submitted
  • All requirements are fulfilled, including completing a medical examination
  • Application is approved
  • Permanent residence permit is issued, valid initially for five years
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