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Fitch’s Ratings Bode Well for Singapore Businesses
Wed, 16 May 2012 -

P&G’s Migration Underscores Singapore’s Position as Asia's Consumer Business Hub
Wed, 16 May 2012 -

Facebook Co-founder's Move Set to Benefit Singapore Businesses
Tue, 15 May 2012
Global Investor Program Scheme
Interested to be a Permanent Resident of Singapore?
Global Investor Programme (GIP) is launched for investors who are interested in investing in Singapore-based firms and start-ups. Through this programme, investors along with their spouses and children who are below 21 years of age are eligible for Singapore Permanent Residence (PR) status. Male dependants under the age of 21 years will be liable for Singapore National Service. The investor’s parents and unmarried children who are over 21 years of age do not qualify for Singapore PR are eligible to apply for the renewable five-year Long Term Visit Pass, subject to the investor’s re-entry permit validity.
GIP offers two investment options:
Option A: Invest at least S$2.5 million in a new business entity or expansion of an existing business operation.
Option B: Invest at least S$2.5 million in a GIP-approved fund that invests in Singapore-based companies.
Eligibility Criteria
You are eligible to apply if you have:
- at least 3 years of business track record AND successful entrepreneurial background* and meet one of the following:
- If your firm is in the real estate or construction-related industry: its 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 per annum on average for the 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 growth and profitability of your company would be taken into consideration.
*You must produce audited financial statements of your company for the last 3 years.
**You should submit the financial statements of your company with the highest turnover. You may also consolidate your businesses to meet the minimum turnover criteria.
If you qualify for the GIP based on the above information, please email us your profile at info@rikvin.com along with your company’s Profit & Loss statement for the past three years for a quick evaluation.
Upon evaluation, we will contact you on the necessary GIP application proceedings.


