Singapore Global Investor ProgramOur company in association with Meridian Capital is offering assistance in getting Permanent Residence Visa for Singapore under the Global Investor Program (GIP). Meridan Capital Management Pte Ltd is one of the fund management companies for the above programme in Singapore. Meridian Capital is one of the 15 approved fund management companies to manage the above programme which is administered by The Economic Development Board of Singapore. The main objective for this GIP is to attract talents from various countries including India to settle in Singapore. As you may know, this scheme is basically an investment (of at least S$2.5m) made by foreign high net worth individuals into one of the GIP funds such as Meridian Capital Fund and in return get the permanent residency in Singapore. Of course, there is a whole process to follow through and will be subject to the final approval from the relevant authority of Singapore.
ASSESSMENT CRITERA FOR GLOBAL INVESTOR PROGRAMME (GIP)
For Applicants with entrepreneurial and business track record:
a) The applicant must possess at least 3 years of entrepreneurial track record and must produce audited financial statements of his company for the last 3 years
b) The turnover of the applicant's company must be:
Applicant should submit the financial statements of the company with the highest turnover. He may also consolidate his business to meet the minimum turnover criteria.
c) The applicant's share ownership and role in the company, as well as the profitability of his company would be taken into consideration.
For senior corporate managers who are interested to set up new business/expand existing business in Singapore (Option A):
a) The applicant must have at least 10 years of corporate management experience.
b) The applicant must be currently undertaking a senior management role in the company such as Chairman, CEO, CFO, CTO, etc.
c) The turnover of the company in which the applicant is employed must be at least $100million.
d) The applicant must be able to actively manage the new/ existing business in Singapore as proposed in the business plan.
|
