Permanent Residence for Family Members
At present, under the GIP permanent residence scheme, you can also apply for permanent residence for your family members as per the below guidelines:
Your spouse and children 21 years and under are eligible to apply for PR under your PR application. Male dependents will be liable for National Service.
Your children who are over 21 years are eligible to apply for the 5-year Long Term Social Visit Pass (LTSVP), which is renewable and tied to the validity of your re-entry permit.
The following documents will be required for PR application under Investor Scheme:
Form A: Application for Permanent Residence for Investors
Form B: Proposed Investment Plan
Undertaking on the Terms & Conditions of the programme
Form 4: Application for An Entry Permit to Enter Singapore
Other supporting documents, if applicable
Note that officially endorsed translated versions must be provided for any non-English documents.
It will take 3-6 months to process the application. If your application is approved (after an interview with the authorities), you will be issued an Approval-in-Principle PR which is valid for 6 months, during which you will be required to make your investment. Documentary evidence of your investment such as share certificates and title deeds will need to be submitted to and withheld by authorities for 5 years. Once these documents have been received, you will be conferred PR status.
Once you have cleared all the hurdles and have received the blue identity card given to all Singapore permanent residents, you can start contributing to the country’s economy. You will also benefit by being able to reside in the country visa-free, enjoy tax relief and education subsidies for your children and many other rights and privileges given to full citizens of Singapore.