Eligibility for GIP Application

• Investor must have a substantial business track record.
• Investor must have a successful entrepreneurial background.

Assessment Criteria for GIP Application

• At least three years of entrepreneurial and business track record and must provide Audited Financial Statements of the company for the last three years.
• The company business should be one or more of the following industries: (aerospace engineering, alternative energy/clean technology, automotive, chemicals, consumer business, electronics, energy, engineering services, healthcare, Infocomm products and services, logistics and supply chain management, marine and offshore engineering, media and entertainment, medical technology, nanotechnology, natural resources, safety and security, space, shipping, pharmaceuticals and biotechnology, precision engineering, professional services, arts business, sports business, family office and financial services).
• The company turnover must be at least SGD 50 million in the year immediately preceding the application and at least SGD 50 million per annum on average for the three years immediately preceding the application.
• For a privately-held company, the applicant should have at least 30% shareholding.

Government fees

• Application fee SGD 7,000 (for investors)
• For ordinary persons, SGD 100, SGD 10/year, SGD 30/issue (entry permit, re-entry permit, visa)