The Republic of Singapore, is the most southerly nation of continental Eurasia, located just off the southern tip of the Malay peninsula, and in maritime south east Asia.
The island country is positioned at the crossroads of both the Indian and Pacific oceans, and comprises one main island with additional islands and islets, and has a tropical rainforest climate.
Being a settler colony, Singapore is rich in multi-racial influences witnessing diverse cultures and religions, with the Chinese and Indians forming the central core of its people.
Tourism is a major industry and Singapore attracted over 18 million visitors in 2018, making it the fifth most visited city in the world.
Not only attracted to the famous landmarks of Merlion, the Orchard Road shopping centre and the UNESCO World Heritage site, the Singapore Botanical Gardens, it is also popular for medical tourism witnessing around 200,000 foreigners a year seeking treatments.
Although being the most expensive place to live, the region benefits from favourably low taxes, and has encouraged a multitude of industries to its shores ranking highly in indices for education, healthcare, safety, housing and quality of life.
It is a major financial and shipping centre with the economy being famous for its innovation, competitiveness and business-ease.
The economy also attracts investments in foreign exchange, casino gambling, oil-refining and oil-rig production, integrated circuits and semi-conductors, computers and mechanical engineering.
No purchase of real estate is required.
Investment of at least 2,500,000 USD in a new business or expansion of an existing business, possess at least 3 years of business experience, hold a 30% shareholding or more in the business, and be able to meet turnover requirements.
Investment of at least 2,500,000 USD in a Global Investor Programme-approved fund.
No additional contributions are required.
The investment must be retained during the period of residency which is up to 5 years, and accounts provided for the business to the authorities at regular intervals.
After two years of permanent residency an application for citizenship can be made.