Singapore's investor residency scheme creates 6,000 jobs in 2011-2016

Source: Xinhua| 2018-01-10 17:13:35|Editor: Yurou
Video PlayerClose

SINGAPORE, Jan. 10 (Xinhua) -- Singapore's Global Investor Program (GIP), which helps foreign investors to get Singapore's permanent residency, brought investments that generated business expenditure totaling 1.8 billion Singapore dollars (about 1.35 billion U.S. dollars) from 2011 to 2016.

The Business Times quoted Sim Ann, Singapore's Senior Minister of State for Trade and Industry, on Wednesday as saying that the investments created more than 6,000 jobs in the city-state.

"The primary objective of the GIP is for Singapore-based companies to benefit from the injection of capital from GIP funds and tap on the GIP investors' entrepreneurial track record," she said.

Under the GIP, foreigners are able to apply for the permanent residency of Singapore by bringing at least 2.5 million Singapore dollars (about 1.87 million U.S. dollars) of investment to the city-state. The investment can be used to start a business, expand businesses, or put into a GIP fund that invests in Singapore-based companies.

Sim Ann said the GIP funds totaled 1.5 billion Singapore dollars (about 1.12 million U.S. dollars) as of 2017.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001368854551
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲v精品V无:码一区二区桃花 | 亚洲欧美五码中文字幕 | 小辣椒福利视频精品导航 | 亚洲综合不卡一区 | 夜色福利少妇专区 | 亚洲人成网999久久久综合 |