Financial Investor Scheme Guide
Singapore Financial Investor Scheme (FIS) rolls out the red carpet for High-Net-Worth-Individuals (HNWI), which allows a green channel entry for wealthy foreigners who wish to make Singapore their home. Under the FIS, administered by the Monetary Authority of Singapore, qualifying wealthy investors are granted Singapore Permanent Residence (PR) status. Foreign investors with minimum of $20 million in net personal assets qualify for this scheme. The FIS requires investors to place at least S$10 million, an amount which must be held in the city-state for a minimum of five years, with a regulated financial institution in Singapore. A portion of this investment, up to S$2 million, can be used to buy a private residential property in Singapore.