SGD $ 2.5 million (approx US$ 2 million) *
SGD $ 5 million (approx US$ 4 million) **
- The turnover of the applicant’s company must be at least SGD 50,000,000 per annum in the most recent year, and at least SGD 50,000,000 per annum on average for the last three years.
- Have a substantial entrepreneurial and business track record of at least three years, to be evidenced by audited accounts of the applicant’s company for the last three years.
- For construction and real estate businesses the turnover of the applicant’s company must be at least SGD 200,000,000 per annum.
Senior corporate managers will no longer qualify to take part in the program (effective from 2011).
- The investments above have to be maintained for five years and the business plans must be approved by Contact Singapore.
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