Processing Timelines & Government Bottlenecks

 Processing Timelines & Government Bottlenecks

Despite Singapore’s reputation for bureaucratic efficiency, the GIP involves multiple agencies and extensive documentation. Understanding expected timeframes and common bottlenecks is essential for smooth planning.

Standard Processing Timeline

Stage

Estimated Timeframe

Initial Consultation & Strategy

1–2 weeks

Legal & Compliance Pre-Vetting

3–4 weeks

Document Preparation

4–6 weeks

Submission to EDB

Upon completion of dossier

Preliminary Evaluation

3–4 months

Interview with EDB

~1 month after evaluation

Approval-in-Principle (AIP)

~6 months after application

Investment Execution

Within 6 months of AIP

Issuance of Final Approval & PR

3–6 months post-investment

Total Duration: Typically 9–15 months, assuming no delays.

Known Bottlenecks

  • Incomplete Documentation: Particularly for Source of Funds or overseas corporate interests.
  • High-Risk Jurisdictions: Applications from sanctioned or scrutinized countries face prolongd background checks.
  • Family Office Route Delays: Post-2023, MAS has increased scrutiny on 13O/13U filings, slowing down approvals.
  • Interview Scheduling: EDB interviews, mandatory for most applicants, can be delayed by travel constraints or holidays.

Fast-Track or Priority Options

Singapore does not offer formal premium processing. However, working with EDB-recognized advisors and law firms can help preempt regulatory issues and compress timeframes by ensuring high submission quality.