This Week in Investment Migration - Mar 4, 2023
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Singapore’s Economic Development Board has decided to sharply raise the minimum investment required to qualify for permanent residency in the city-state through its Global Investor Program. The threshold will rise from investments of SGD 10m and SGD 25m in categories A and B, both of which have hitherto demanded a minimum investment of only SGD 2.5m. Even under the previous thresholds, interest was limited: By the government’s own count, the program has averaged 60 approvals a year since 2020.
Property developers, industry associations, and…
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