Singapore’s Economic Development Board (EDB) announced on 12 November that it will launch a new “Tech.Pass” to promote the city-state’s technology ecosystem and make it a regional hub for technology.With the support of the Ministry of Manpower, the Economic Development Board will examine applications for the Tech.Pass. The program is expected to open for application in January 2021

Singapore is strategically located between the Pacific Ocean and the Indian Ocean, has attracted many high- net- worth people to immigrate due to its stable political environment, free trade economy, low tax rate and investment risk. Currently, there are mainly three routes to immigrate to Singapore, namely, Global Investor Programme (GIP), Single Family Office and Self- Employment Pass. Different immigration routes need to meet different conditions

The Global Investor Program (GIP) is a permanent residency scheme introduced by the Singapore Government and specially designed for those high net worth investors who wish to relocate to Singapore. The GIP is jointly administered by the Economic Development Board (EDB) and the Ministry of Manpower (MOM).