The Singapore government announced that the Global Investor Program (GIP) investment threshold has increased to at least SGD 10 million (USD 7.42 million), up from SGD 2.5 million (USD 1.86 million). Successful applicants receive a renewable five-year Singapore residency status and investors have three options to apply for the GIP: a) by investing a minimum of SGD 10 million in a new or existing business entity, hiring at least 30 employees half of which should be Singapore citizens, and 10 of which must be new employees; b) by investing a minimum of SGD 25 million, up from SGD 2.5 million previously, in a GIP-selected fund; or c) by establishing a Singapore-based Single Family Office with assets amounting to at least SGD 200 million with at least SGD 50 million invested into a GIP-selected investment fund. Through the program, the government is interested in attracting high-net worth individuals who can benefit Singapore’s economy through job creation.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen
Blog post
Partner Azeem Mohiuddin discusses how Qatar is implementing a strategic vision to develop a workforce that is prepared for future challenges and opportunities, highlighting the role of skilled migration in addressing gaps in the local workforce.
Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss the SEVIS reversal and the continued challenges US international students may face.
Video
Practice Leader Kate Praphakornphiphat discusses Thailand’s Digital Nomad Visa—officially known as the Destination Thailand Visa (DTV)—and how you can apply for it.
Media mentions
Partner Aaron Blumberg explains that children of H-1B visa holders must secure a new legal status or leave the US when their H-4 dependent visas expire at age 21.
Media mentions
Partner Kevin Miner discusses unusual biometrics requests in H-1B and I-140 cases, noting they depart from standard practice.
Blog post
Regional Immigration Manager David Makau provides essential information about the launch of Bahrain's new Golden Visa portal, highlighting key details for applicants.
Video
Partner Diana Quintas shares everything you need to know about Brazil’s Digital Nomad Visa – a great option for remote workers looking to live and work in Brazil.
Media mentions
Partner Haseena Enu discussed her role in a pilot program mentoring Afghan legal professionals as they rebuild their careers in the US.
Media mentions
Partner Aaron Blumberg explained that SEVIS terminations are creating uncertainty for international students in the US and their employers.
Media mentions
Partner Amy Cococcia discusses the impact of tightened US immigration policies on work visa processing.
Media mentions
Partner Kevin Miner comments on USCIS’s atypical RFEs citing “adverse information” in employment-based petitions.
Blog post
Immigration Manager Virginie Todesco highlights how obtaining a business investor permit in Luxembourg can provide significant opportunities for accessing European markets and fostering business growth.
Blog post
Partner Azeem Mohiuddin discusses how Qatar is implementing a strategic vision to develop a workforce that is prepared for future challenges and opportunities, highlighting the role of skilled migration in addressing gaps in the local workforce.
Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss the SEVIS reversal and the continued challenges US international students may face.
Video
Practice Leader Kate Praphakornphiphat discusses Thailand’s Digital Nomad Visa—officially known as the Destination Thailand Visa (DTV)—and how you can apply for it.
Media mentions
Partner Aaron Blumberg explains that children of H-1B visa holders must secure a new legal status or leave the US when their H-4 dependent visas expire at age 21.
Media mentions
Partner Kevin Miner discusses unusual biometrics requests in H-1B and I-140 cases, noting they depart from standard practice.
Blog post
Regional Immigration Manager David Makau provides essential information about the launch of Bahrain's new Golden Visa portal, highlighting key details for applicants.
Video
Partner Diana Quintas shares everything you need to know about Brazil’s Digital Nomad Visa – a great option for remote workers looking to live and work in Brazil.
Media mentions
Partner Haseena Enu discussed her role in a pilot program mentoring Afghan legal professionals as they rebuild their careers in the US.
Media mentions
Partner Aaron Blumberg explained that SEVIS terminations are creating uncertainty for international students in the US and their employers.
Media mentions
Partner Amy Cococcia discusses the impact of tightened US immigration policies on work visa processing.
Media mentions
Partner Kevin Miner comments on USCIS’s atypical RFEs citing “adverse information” in employment-based petitions.
Blog post
Immigration Manager Virginie Todesco highlights how obtaining a business investor permit in Luxembourg can provide significant opportunities for accessing European markets and fostering business growth.