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SINGAPORE FINANCIAL INVESTOR SCHEME




Copyright © 2011                www.rikvin.com   |   info@rikvin.com   |   +65 6438 8887
SINGAPORE: A PLACE TO CALL HOME

   Singapore has emerged as one of the top thriving cosmopolitan cities in world with a diverse
   culture and a vibrant economy. Given its political and financial stability, Singapore appeals to
   investors all over the world to invest both in the country and the economies in the Asia-Pacific
   region. A dynamic and rich city-state, it’s the chosen place for many to call it home.

   Live & Play. Singapore is a preferred city to many in the world for its clean and safe
   environment. It has been voted the best place to live, work and play in Asia where people
   experience a wholesome and rich environment to raise their children and call it home.

   Work & Invest. Singapore has one of the most competitive corporate tax regime in the world.
   Singapore’s extensive trade links also provide companies with greater market connectivity. It
   has numerous free trade agreements in Asia as well as with the US, Australia, New Zealand,
   members of the European Free Trade Association, Jordan, Chile and Panama. In addition,
   Singapore has signed 35 investment guarantee agreements, designed to help protect
   investments made by Singapore-based companies in other countries against non-commercial
   risks.


Copyright © 2011                                        www.rikvin.com   |   info@rikvin.com   |   +65 6438 8887
PERMANENT RESIDENCE                               PERMANENT RESIDENT
   FOR INVESTORS                                     STATUS
   Singapore offers several avenues for              Immigration and Checkpoints Authority
   people around the world an opportunity to         of Singapore grants permanent resident
   come to Singapore and make it home. For           status to qualified applicants upon
   investors, there is the Financial Investor        submission and approval of all required
   Scheme that aims to attract investors and         documents. The application process
   to develop new and existing businesses.           takes between 4-6 months before an
   Aside from benefiting Singapore’s wealth          Approval-In-Principle (AIP) letter is
   of financial services, the scheme enables         issued. You have 6 months from the date
   you and your family to become Permanent           of the issuance of AIP to fulfill conditions
   Residents of Singapore.                           prescribed in the letter, including the
                                                     commitment of the Minimum Sum and a
   To qualify for the Financial Investor             medical examination.
   Scheme individual investor must meet the
   following criteria:                               Family Eligibility Criteria
                                                     Spouses and children who are below 21
        1. Must be 21 years or older;                years of age are eligible for the Singapore
        2. Must have a Net Personal Asset of         Permanent Residence (PR) status.
           S$20 million; and                         Male dependants will then be liable for
        3. Place a minimum of S$10 million           Singapore National Service. Investor’s
           of financial asset for at least 5 years   unmarried children who are over 21 years
           in Singapore with a MAS-approved
                                                     old do not qualify for Singapore PR but
           financial institution.
                                                     are eligible to apply for the renewable
        4. For a continuous period of 5 years,
           commencing from the date of               5-year Long Term Visit Pass, subject to
           issuance of the Entry Permit. No          the investor’s re-entry permit validity.
           withdrawal of assets is allowed
           except for interest income, capital       As of 1 January 2011 parents and parents-
           gains and dividend income.                in-law are no longer eligible for PR status;
                                                     instead, they can apply for a renewable
                                                     5-year Long Term Visit Pass (LTVP).




Copyright © 2011                                     www.rikvin.com   |   info@rikvin.com   |   +65 6438 8887
RIKVIN PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Line : (65) 6438 8887
Fax : (65) 6438 2436
Email : info@rikvin.com



This material has been prepared by Rikvin for the exclusive use
of the party to whom Rikvin delivers this material. This material is
for informational purposes only and has no regard to the specific
investment objectives, financial situation or particular needs of any
specific recipient and is published solely for information purposes.
Where the source of information is obtained from third parties, Rikvin
is not responsible for, and does not accept any liability over, the
content.



Copyrighted © 2011, RikvinPte Ltd | www.rikvin.com

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Singapore Financial Investor Scheme

  • 1. SINGAPORE FINANCIAL INVESTOR SCHEME Copyright © 2011 www.rikvin.com | info@rikvin.com | +65 6438 8887
  • 2. SINGAPORE: A PLACE TO CALL HOME Singapore has emerged as one of the top thriving cosmopolitan cities in world with a diverse culture and a vibrant economy. Given its political and financial stability, Singapore appeals to investors all over the world to invest both in the country and the economies in the Asia-Pacific region. A dynamic and rich city-state, it’s the chosen place for many to call it home. Live & Play. Singapore is a preferred city to many in the world for its clean and safe environment. It has been voted the best place to live, work and play in Asia where people experience a wholesome and rich environment to raise their children and call it home. Work & Invest. Singapore has one of the most competitive corporate tax regime in the world. Singapore’s extensive trade links also provide companies with greater market connectivity. It has numerous free trade agreements in Asia as well as with the US, Australia, New Zealand, members of the European Free Trade Association, Jordan, Chile and Panama. In addition, Singapore has signed 35 investment guarantee agreements, designed to help protect investments made by Singapore-based companies in other countries against non-commercial risks. Copyright © 2011 www.rikvin.com | info@rikvin.com | +65 6438 8887
  • 3. PERMANENT RESIDENCE PERMANENT RESIDENT FOR INVESTORS STATUS Singapore offers several avenues for Immigration and Checkpoints Authority people around the world an opportunity to of Singapore grants permanent resident come to Singapore and make it home. For status to qualified applicants upon investors, there is the Financial Investor submission and approval of all required Scheme that aims to attract investors and documents. The application process to develop new and existing businesses. takes between 4-6 months before an Aside from benefiting Singapore’s wealth Approval-In-Principle (AIP) letter is of financial services, the scheme enables issued. You have 6 months from the date you and your family to become Permanent of the issuance of AIP to fulfill conditions Residents of Singapore. prescribed in the letter, including the commitment of the Minimum Sum and a To qualify for the Financial Investor medical examination. Scheme individual investor must meet the following criteria: Family Eligibility Criteria Spouses and children who are below 21 1. Must be 21 years or older; years of age are eligible for the Singapore 2. Must have a Net Personal Asset of Permanent Residence (PR) status. S$20 million; and Male dependants will then be liable for 3. Place a minimum of S$10 million Singapore National Service. Investor’s of financial asset for at least 5 years unmarried children who are over 21 years in Singapore with a MAS-approved old do not qualify for Singapore PR but financial institution. are eligible to apply for the renewable 4. For a continuous period of 5 years, commencing from the date of 5-year Long Term Visit Pass, subject to issuance of the Entry Permit. No the investor’s re-entry permit validity. withdrawal of assets is allowed except for interest income, capital As of 1 January 2011 parents and parents- gains and dividend income. in-law are no longer eligible for PR status; instead, they can apply for a renewable 5-year Long Term Visit Pass (LTVP). Copyright © 2011 www.rikvin.com | info@rikvin.com | +65 6438 8887
  • 4. RIKVIN PTE LTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Line : (65) 6438 8887 Fax : (65) 6438 2436 Email : info@rikvin.com This material has been prepared by Rikvin for the exclusive use of the party to whom Rikvin delivers this material. This material is for informational purposes only and has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient and is published solely for information purposes. Where the source of information is obtained from third parties, Rikvin is not responsible for, and does not accept any liability over, the content. Copyrighted © 2011, RikvinPte Ltd | www.rikvin.com