Mr Gan Thiam Poh: To ask the Minister for Trade and Industry (Trade) (a) how many applicants have been granted PR status under EDB's Global Investor Programme (GIP) since it was launched; (b) how many of these PRs have had their status subsequently withdrawn or cancelled upon review; and (c) what is the number of these PRs who have subsequently been granted citizenship, broken down by age group.
Written reply:
- As of June 2017, 1,826 Global Investor Programme (GIP) applicants have been granted permanent residency since the programme’s inception in 2004. Of these, 67 have been granted citizenship. The age at which they were granted citizenship varies between 25 to 58 years old. One GIP investor had his PR status revoked upon review.