Changes of Singapore's immigration investment policy in recent ten years-1. Cancel the "financial investor plan"
"Financial Investor Plan" is an investment immigration policy for high-asset groups launched by monetary authority of singapore in 2004. This scheme allows foreign high-asset groups (assets under individual name ≥ S $20 million) to apply for the right of abode in Singapore, and the applicant must be at least 265,438+0 years old. Because of its advantages such as no academic qualifications and language requirements, simple procedures and short cycle, the program was once the first choice for investment immigration projects in Singapore. The applicant of the scheme only needs to provide the asset certificate of ≥ S $20 million in his personal name, and entrust the investment of at least S $6,543,800 to a financial institution established in Singapore and approved by monetary authority of singapore (of which 2 million can be used for investment).
On April 20 12, monetary authority of singapore cancelled this policy, the main purpose of which was to make more foreigners turn to the global investor program which can provide employment opportunities and ensure that the investors it attracted can make sincere contributions to Singaporean society. As a result, GIP has become Singapore's current investment immigration channel.
Changes in Singapore's immigration investment policy in the past decade -2. Changes in Global Investor Program (GIP) Policy
GIP was implemented in 2005, requiring investors to invest at least S $654.38 million+00,000 yuan in a fund approved by the Singapore government. At present, the plan has no residence requirements for investors.
In 2009, the investment amount of GIP plan fund was adjusted to S $654.38+500,000.
20 1 1 is a year of GIP policy change. Prior to this, GIP had three investment plans:
Scheme A/KLOC-S $0,000,000 to invest in new business or expand existing business;
Option b 65438+500 thousand Singapore dollars or more invested in the fund;
Scheme C invests S $2 million or more in the fund approved by this plan, of which 50% or less can be used to invest in private houses for personal residence only.
After that, adjust to:
Scheme A: S $2.5 million is invested in new business or expanded existing business;
Option B invests S $2.5 million in the fund;
Option c cancels.
In 20 12, EDB adjusted the GIP plan again: the investment requirement of 2.5 million SGD remained unchanged, but the residence requirement for investors was increased, and the qualifications of investors were also specified in more detail. For example, the annual turnover of the applicant company in the last three years is required to reach S $50 million (the annual turnover of real estate and construction-related industries must reach S $200 million or more).
Ten-year changes in Singapore's immigration investment policy-3.338+04 years.
On April 20 14, 14 10, EDB not only raised the application fee from S $5,650 to S $7,000, but also restricted the industries where the applicant company was located, including real estate and construction industries. The specific requirements are as follows:
A) The applicant must have at least three years of business experience and submit the audited financial reports of the company for the last three years.
B) The applicant's company must belong to one or more commercial fields in the list of industries in Annex 1.
C) The company's turnover in the last year must reach at least S $50 million, and the average annual turnover in the last three years must reach at least S $50 million. The applicant can take the company with turnover as the main company to declare the investment plan, or submit the relevant information of other companies you own to meet the minimum requirements of turnover.
D) If the applicant's company is private, the applicant must hold at least 30% of the shares, and the applicant's scope of responsibility and profitability in the company will also be considered for approval.
List of industries in which the applicant's company is located
Aviation industry, new energy industry, automobile engineering industry, chemical industry, consumer goods industry, electronics industry, energy industry, engineering service industry, medical service industry, information and communication products and services, logistics and supply chain management, ocean affairs and ocean engineering industry, media and entertainment industry, medical technology industry, nanotechnology industry, natural resources industry, insurance and safety industry, aerospace industry, shipping industry, medicine and biological science industry, precision engineering industry and professional service industry.
Singapore has become a country with a relatively high neutral price for global investment immigrants. If you are still hesitating, you might as well look back at the Canadian government's "one size fits all" and the British government's new immigration policy, which recently increased the investment amount. Singapore is so stable, what is there to hesitate about? Get on the immigration train and start your immigration road!
Regardless of investment, wealth management, real estate market, currency trends, etc. It is the golden age of investment immigration in Singapore. If you are interested in Singapore, I suggest you seize the historic opportunity and do it then!