The reporter recently learned from the WorldWay Immigration Agency that starting from January 1, 2011, the prices for investment immigration in Singapore are expected to rise, with the investment fund amount increasing from 1.5 million to 2.5 million Singapore dollars. In addition, the processing procedures and requirements will also become stricter, and there may be restrictions on the investment industry, although the quotas will not decrease.
According to the head of WorldWay Immigration, there are currently four categories of investment immigration projects available in Singapore: the 1 million Singapore dollar project, the 1.5 million Singapore dollar project, the 2 million Singapore dollar project, and the 5 million Singapore dollar investment financial products. The application conditions for the first three projects require entrepreneurs to have at least three years of shareholder status, with the 1 million Singapore dollar project suitable for those who wish to establish a new business in Singapore or invest in an existing business, particularly for business individuals with venture capital interested in starting and developing their business in Singapore.
The 1.5 million Singapore dollar project involves purchasing a government-approved closed-end fund, suitable for business individuals who wish to obtain Singaporean status while still focusing their business in China.
The 2 million Singapore dollar project involves purchasing a government-approved fund for 1 million Singapore dollars and acquiring property for another 1 million Singapore dollars, suitable for business individuals interested in property investment in Singapore.
The 5 million Singapore dollar investment financial products project requires applicants to have a net worth of 20 million Singapore dollars, suitable for high-net-worth individuals with no management experience who prioritize asset security.
