Singapore tightens requirements for residency-linked investor programme

Singapore tightens requirements for residency-linked investor programme

FILE PHOTO: A view of the skyline in Singapore, January 27, 2023. REUTERS/Caroline Chia/File Photo

Singapore will raise the minimum investment required for individuals to obtain permanent residence in the city-state, the Economic Development Board (EDB) said on Thursday, as part of the government’s efforts to draw in “top-tier business owners”.