Retention Rate of Permanent Residents in Global Investor Programme Over Past 10 Years

77 Mr Fadli Fawzi asked the Deputy Prime Minister and Minister for Trade and Industry over the past 10 years (a) what is the retention rate of Permanent Residents admitted under the Global Investor Programme (GIP); (b) how many GIP Permanent Residents had their re-entry permits not renewed due to failure to meet the requisite business milestones; and (c) how many GIP Permanent Residents have subsequently applied for and been granted Singapore citizenship.

Mr Gan Kim Yong: The Global Investor Programme (GIP) accords Permanent Resident (PR) status to eligible global investors who make significant investments to drive business growth in Singapore.

From 2016 to 2025, around 85% of the individuals accorded permanent residency through the GIP remained a PR as of 31 December 2025. Fewer than 25 individuals did not have their re-entry permits renewed as they did not meet the prevailing criteria, such as economic contribution and length of residency. Fewer than 20 individuals were granted Singapore citizenship.