Unitary dominant-party parliamentary republic
Languages: English, Malay, Mandarin, Tamil
Area: 281.3 sq mi
Time zone: UTC+8
GDP: $600.063 billion (2021)
The beautiful island nation of Singapore has been the financial centre of the region for many years and is also considered the cleanest country in the world.
One of the goals of the Singapore government is to attract talented people to work and live in this island nation. The government will consider granting immigration cards to talents and investors who consider Singapore as their second home.
Singapore attracts foreign investment through the GIP (Global Investor Program):
Applicants for the GIP must have at least 3 years of experience as standard, be a successful business owner in production and business; must own at least 30% of the company; the company’s revenue must continuously reach at least 50 million SGD/year for the last 3 years, or 200 million SGD if it is a construction company, or real estate investment.
Types of Investment:
A: Invest at least S$2.5 million to establish a new business, or invest at least S$2.5 million in an existing business in Singapore to expand production and business
B: Invest a minimum of S$2.5 million in government-approved venture capital funds for the GIP programme.
When doing business in Singapore, investors are considered for a permanent residence card or a special entry Re-Entry Permit (REP) card with a term of 5 years.
SGD 2.5 million
for the whole family
- Singapore has a favourable tax policy for foreign investors.
- Singapore resident card holders will pay tax if they live in Singapore for more than 183 days per year.
- Personal income tax is approximately 20%.
- No profit tax.
- Corporate tax is 17%.
SINGAPORE – TRAILER
SINGAPORE – FLYER
SINGAPORE – OCEANARIUM
REAL ESTATE IN SINGAPORE
Pictures of real estate in Singapore.
PASSPORT AND VISA FREE TRAVELS
Passports of different countries allow their citizens visa-free entry to a certain number of countries and territories.