Singapore Global Investor Programme vs Hong Kong New CIES · HK$30M

Permanent residence is granted directly; the 5-year Re-Entry Permit is renewed if the renewal criteria are met.

Singapore Economic Development Board

After formal approval, extensions are normally granted for up to 3 years at a time while the portfolio maintenance requirements continue to be met.

Immigration Department, Hong Kong SAR Government

Spouse, qualifying legally registered spouse-equivalent civil partnership/union or marriage recognized where celebrated, and unmarried dependent children under 18 may apply. Cohabiting/de facto partners and fiancés are excluded. Your spouse or partner may work in Hong Kong without a separate permit.

Formal residence approval is on time limitation only; the investment stage before it is visitor status. To qualify, the applicant must be able to support and accommodate themselves and their dependants without relying on returns on the investment, or on employment, self-employment, office, business or public assistance in Hong Kong. The official page does not say whether an entrant may take up work or business.

• SGD 20k ≈ $16k

  Non-refundable application fee, paid before the application forms are submitted.

• SGD 100 ≈ $78

  Non-refundable processing fee per applicant for the permanent residence application, paid to the Immigration and Checkpoints Authority after the GIP application is received.

• HKD 600 ≈ $76

  Non-refundable application fee, charged to the principal applicant and each dependant.

• HKD 1,300 ≈ $170

  Visa issuance fee when the relevant period of stay is more than 180 days (HK$600 for 180 days or less).

The programme itself grants permanent residence to investors who meet the EDB criteria.

Singapore Economic Development Board

After a continuous period of not less than 7 years of ordinary residence you may apply for the right of abode (permanent resident status), and you must take Hong Kong as your place of permanent residence. Time as a foreign domestic helper, an imported-labour contract worker or a refugee, or spent unlawfully or in breach of a condition of stay, does not count.

Immigration Department, Hong Kong SAR Government

Citizenship needs at least 2 years as a permanent resident (aged 21 or over), counted from the grant of permanent residence.

Immigration and Checkpoints Authority, Singapore

• At least 183 days (previous calendar year)

Singapore taxes income arising in or derived from Singapore, including employment exercised there; foreign-sourced income received in Singapore by resident individuals is generally exempt.

Hong Kong taxes under the territorial concept: salaries tax, property tax and profits tax apply to income arising in or derived from Hong Kong, whether the person is resident or not.