Key GIP Updates
Posted on 7 Sep 2010
Please note the following proposed changes to the existing GIP program:
- Effective 1st October 2010, GIP applicants must have aggregated company revenue of S$30 million per year for past 3 years.
- Effective 1st January 2011, Options A and B will require a minimum S$2.5 million investment.
- Option C (S$1m fund + S$1m property) will be abolished.
- GIP client can invest into a maximum of 3 different funds.