| Profile | Established Business Owners | Family Office Principals | Founders of Fast Growth Companies | Next Generation Business Owners |
|---|---|---|---|---|
| Requirements | 1) at least 3 years of business track record | 1) at least 5 years of business,investment or management track record | 1) Founder of a company | 1)Your company is engages in one or more of the industries listed in Annex B |
| 2) company should be current | 2) net investible assets of SGD $200 million.(Net Investible Assets includes all financial assets except real estate) | 2) one of the largest individual shareholders of the company | You will qualify under this scheme if your meet one of the categories below. | |
| 3) annual turnover should be at least SGD $200 million in the year immediately preceding (the year before) the application | 3) You must form part of the management of the company | 3) Company valuation of SGD $500million | A) You and your immediate family holds at least 30% shareholding in the company | |
| 4) annual turnover should average SGD $200million per annum for three years immediately preceding the company | 4) Venture Capital/ Private Equity Firms should have invested into this company | B) You or your family is the largest shareholder in the company | ||
| 5) If your company is privately held, you should have at least 30% shareholding in the company | 5) Company is engaged in one or more of the industries listed in Annex B | C) You form part of the management of the company | ||
| 6) your company must be
engaged in one or more of the industries listed in Annex B |
D) Annual turnover for the company is at least SGD $500 million per annum immediately preceding (the year before) the application and annual turnover should average SGD $200millio n per annum for three years immediately preceding the company | |||
| Investment Options | Invest SGD $2.5million in new or existing Singapore based family office having assets under management of at least SGD $200 million | You may engage in either of these options 1. Invest SGD $2.5 million in a new business entity or in the expansion of existing business operations 2. Invest SGD $2.5 million in a GIP approved fund that invests in Singapore based companies 3. Invest SGD $2.5million in new or existing Singapore based family office having assets under management of at least SGD $200 million |