Singapore Residence Investor Program Eligibility

Singapore Residence Investor Program Eligibility

1. You must possess a substantial track record with regard to your business and background as a successful entrepreneur to apply for Permanent Residence.
2. You must possess entrepreneurial and business track records for at least three years and must submit audited financial statements of your business for the three years immediately preceding the application.
3. Your company turnover must be not less than
   1.  $50 million in the year immediately preceding the application, and
   2. Average of $50 million per year for past three years immediately preceding the application.
   3. Provide details of the company with the highest turnover. The turnover of companies engaged in activities listed below can be combined together when calculating the turnover.
4. In case of a private company, you must own at least 30% of the interest in the company. Visa approval will be based on growth, profitability, and your role in the company.
5. Your company must be engaged one or more of the industries listed below:
   1. Aerospace Engineering
   2. Alternative Energy/ Clean Technology
   3. Automotive
   4. Chemicals
   5. Consumer Business
   6. Electronics
   7. Energy
   8. Engineering Services
   9. Healthcare
   10. Infocomm Products & Services
   11. Logistics & Supply Chain Management
   12. Marine & Offshore Engineering
   13. Media & Entertainment
   14. Medical Technology
   15. Nanotechnology
   16. Natural Resources
   17. Safety & Security
   18. Space
   19. Shipping
   20. Pharmaceuticals & Biotechnology
   21. Precision Engineering
   22. Professional Services e.g. consulting, design
   23. Arts Businesses
       1. Visual arts businesses, e.g. auction houses, art logistics/storage
       2. Performing arts businesses
   24. Sports Businesses
   25. Family Office & Financial Services
6. If applying under option A and investing in an existing or new business, you must submit a detailed 5-year business plan with employment and financial projections. These projections must be fulfilled over the span of the five years. The business must be engaged in an activity listed above.