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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.