The Global Investor Programme (GIP) grants Singapore Permanent Residence (PR) conditional on meeting investment requirements. A GIP holder must hold a valid Re-Entry Permit (REP) to leave and return to Singapore as a PR. The REP is valid for five years and must be renewed before expiry.
GIP PR Is Conditional on Investment Completion
GIP applicants choose one of three investment options. Option A requires a S$10 million investment in a new or expanding Singapore business. Option B requires a S$25 million investment in a GIP-select fund. Option C requires establishing a Single Family Office with S$200 million in assets under management, of which S$50 million must be deployed in EDB-specified investments in Singapore. The Immigration & Checkpoints Authority (ICA) issues an Approval-in-Principle (AIP) valid for six months. The applicant must fulfill the chosen investment condition within that period. After verification, ICA issues Final Approval. The applicant formalises PR within 12 months of Final Approval. At formalisation, a five-year REP is issued.
REP Renewal Window Opens Three Months Before Expiry
REP renewal applications are submitted via ICA’s Electronic Re-Entry Permit System. The window opens three months before the REP expiry date. If renewal is applied for after the validity period, the REP lapses. Without a valid REP, PR status is lost once the holder leaves Singapore.
Renewal Criteria Are Tied to the Original Investment Option
EDB states the REP will be renewed if the holder meets renewal conditions by the fifth year of PR. The conditions differ by investment option. For Option A, the holder must have fulfilled the investment conditions and the Option A company must meet ongoing criteria. For Option B, the holder must have fulfilled the investment conditions and the fund investment must meet ongoing criteria. For Option C, the holder must have fulfilled the investment conditions and the Single Family Office must meet ongoing criteria. The full criteria are published in the EDB GIP factsheet. Official sources do not publish detailed key performance indicators such as specific revenue, headcount, or physical presence thresholds.
EDB Does Not Publicly Disclose Detailed Audit Metrics
The EDB factsheet notes that renewal is subject to meeting conditions by the fifth year. It does not publish statistics on renewal volumes, breach notices, revocation rates, or site visit procedures. ICA does not publish processing times for GIP-specific REP renewals separate from general PR REP renewals. Any figures or procedural details not found in the official pages are not publicly confirmed.
Change of Address Must Be Reported to EDB
GIP PR holders must inform EDB of any change of correspondence address from the one in the original GIP application. Updates are sent to contactsingapore@edb.gov.sg.
Fees Are Non-Refundable
At PR application submission, a S$100 fee applies for each application. At formalisation, fees are S$20 for the Entry Permit, S$50 for a five-year REP, and S$50 for the Singapore Identity Card. All fees are non-refundable. Payment is made online via Visa, MasterCard, American Express, Internet Direct Debit (DBS/POSB, OCBC, UOB, Standard Chartered), or PayNow.
Official References
- ICA Permanent Residence eligibility and application: https://www.ica.gov.sg/reside/PR/apply
- ICA REP renewal system: https://eservices.ica.gov.sg/esvclandingpage/erep
- EDB Global Investor Programme factsheet (PDF, updated 5 May 2025): https://assets.app.optical.gov.sg/edb/production/published/collections/pages/%252Fhow-we-help%252Fglobal-investor-programme/5d1d8faa-729b-463d-ac13-9d2c9b5a6abd.pdf
- EDB GIP programme page: https://www.edb.gov.sg/gip