Visas + Immigration
The term ‘golden visa’ generally means a route to get residency or citizenship in a country through investment.

In Singapore the equivalent residency by investment visa is called the Global Investor Program (GIP), and offers a route to permanent residency to eligible business owners and founders who have 10 million SGD or more to invest.
This guide walks through who the Singapore Global Investor Program is for, how to apply and what it offers.
Golden Visa programmes anywhere in the world are paperwork-heavy, involve strict due diligence, and have investment rules and amounts that can change with limited notice. Double check the details before you consider applying, and take professional advice if needed.
If you’re transferring large sums for an investment or paying application fees in a foreign currency, compare exchange rates and transfer fees. Wise uses the mid-market rate with transparent fees, and can help you hold and convert multiple currencies, send money internationally, and pay overseas expenses.
Important: Wise does not provide visa, immigration, or investment advisory services. This guide is for informational purposes only. Always seek professional legal and financial advice for visa applications and investments.
The Singapore residency by investment visa (Golden Visa) is called the Global Investor Program (GIP). This visa type offers Singapore residency by investment, with permanent resident status for successful applicants.
The Singapore golden visa requirements are extremely strict – applicants must be established or high growth business owners, or Family Office principals, and the Singapore golden visa minimum investment is from 10 million SGD, or up to 50 million SGD for some applicants.
The golden visa in Singapore – the Global Investor Program – is open to the following applicants:
If you want to apply for the Singapore golden visa for families, the primary applicant can include their spouse and dependent children under 21 on the same application. Male children and in some cases male dependents may be required to complete Singapore National Service as a permanent resident.
The application process for the GIP is primarily based on economic contribution to Singapore. It requires you to fulfil strict eligibility criteria, and make a high minimum investment. There may also be additional requirements including employing Singaporean citizens once you establish your business in Singapore.
If you are unable to demonstrate you can comply with these strict requirements your application is unlikely to be accepted.
To apply, you need to make a Singapore golden visa fund investment – one of the following, depending on the route selected:
Family office principals may only use Option C. Applicants following the other routes may select any of the available investment choices.
No. In Singapore, real estate is not allowed as a qualifying investment for the Global Investor Visa. Always confirm the latest rules on the official programme page.
For each application you’ll need the GIP E-application forms which must be downloaded, printed and completed.
Then all applicants, including dependents should provide information about themselves, passport photos and notarised copies of documents including:
The applicant is then required to provide supporting documents based on their application route, such as:
Confirm you’re eligible for the GIP visa in Singapore. You can do this by messaging the EDB using their GIP enquiry from.
Download the required application documents and gather all of the paperwork needed to support your application. Bear in mind much of the personal paperwork needed must be notarised and may have to be translated which can take time.
The Singapore golden visa cost is 20,000 SGD. This must be paid upfront before you submit your application. The proof of payment is then included in your application to show this step is complete.
After payment, you must first upload your completed GIP E-Application Forms (Form A, Form B and Form C) directly to the EDB application portal at https://application.sgip.gov.sg/public. Note: only original GIP e-application forms can be uploaded; scanned copies are not accepted. Separately, all supporting documents in hard copy must be mailed to EDB within one month from the date of payment. EDB will then email instructions on how to submit soft copies of the supporting documents after receiving the hard copies.
Applicants will be contacted to attend an interview with the EDB.
If you’re approved you’re then issued with an Approval-in-Principle (AIP) from the Immigration & Checkpoints Authority (ICA). The Singapore golden visa processing time from this point is 6 months – you need to make the qualifying investment in this window to continue your application.
After making your investment, contact EDB with proof. ICA will issue the Final Approval letter once this investment is checked. You then have 12 months to enter Singapore and take up permanent residency.
The key cost of your application is the 20,000 SGD application fee paid to the EDB before you are able to apply.
There is also a S$100 non-refundable processing fee per applicant payable directly to the Immigration and Checkpoints Authority (ICA). This applies to the main applicant and any dependants included in the PR application.
Beyond this you may also incur legal or agent fees if you choose to use a supported application service. You might also need to pay translation and notary fees if your documents are not in an accepted language.
The processing time for a GIP visa depends on a range of factors – there is an extensive due diligence process which may mean the application takes 12 months or so end to end. You can get advice from your agent if you use one, or contact the EDB directly if you are unsure of the likely processing times for your specific application.
To renew your permanent residency for 5 years after the first issuance of the GIP, you must maintain all the original investment conditions based on your application route, and you and your dependents must have resided in Singapore for at least half of the duration of your first period as a PR.
In addition:
If you do not qualify you may still be able to apply for a 3 year extension of your PR status, subject to meeting one or more of the overall eligibility requirements.
It’s important to note that in Singapore a golden visa does not mean guaranteed citizenship. Instead you’re granted PR status and can then apply for citizenship ata later date if you choose to.
You are eligible to apply for citizenship in most cases after being a PR for 2 years, but many applicants choose to wait a little longer to build a better basis for an application. Processing time from application takes 12 months or more.
Bear in mind that having a residence permit for Singapore does not automatically make you a Singapore tax resident.
Tax residency is usually determined by the number of days spent in any given country as well as other factors such as your domicile and ties to different countries through family.
Get the support of an accredited tax advisor for cross-border tax planning as part of your journey to get a Singapore golden visa.
Wise does not provide tax advice. Get the support of an accredited tax advisor for cross-border tax planning as part of your journey to get a Singapore golden visa.
On arrival in Singapore it’s a good idea to get the help of a relocation specialist who can support you through the first steps needed to settle in, which may include:
When handling substantial investment transfers or foreign currency application fees, it is important to evaluate transfer costs and exchange rates. Wise provides transparent fees and utilizes the mid-market rate, offering solutions for international money transfers, overseas expense payments, and the management of multiple currencies.
The Singapore golden visa is called the Global Investor Program (GIP) – the minimum investment is 10 million SGD, or up to 50 million SGD for some applicants.
The Singapore golden visa is only open to investors in Singapore businesses, and company owners and founders.
The processing time for the Singapore residency by investment visa (Golden Visa) is 12 months or more.
Yes. The primary applicant can include their spouse and dependent children under 21 on the same application.
The Global Investor Program is specifically intended for investors and business owners who will continue creating value through their own business activities on arrival in Singapore.
The EDB does not specify health insurance as a prerequisite for the Singapore GIP visa, but having adequate medical insurance is important as healthcare costs in Singapore can be extremely high.
The Singapore Global Investor Program offers Singapore residency by investment, with permanent resident status for successful applicants. You can apply for citizenship after 2 years or more as a PR.
Singapore golden visa applications focus on your economic contribution to Singapore and are most likely to be refused if you can not demonstrate you qualify through assets, investments and business turnover.
The Singapore golden visa offers Singapore permanent resident status for successful applicants, which allows you and your dependents to come and go freely, live and work in Singapore for 5 years with the option to renew. However, the Singapore golden visa has very restrictive eligibility rules and is only for established or high growth business owners, or Family Office principals, with a minimum investment of 10 million SGD, or up to 50 million SGD for some applicants.
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