The honest positioning, first
Before the detail, the single most useful thing to know: the GIP is not for most founders. The entry point is an investment of at least S$10 million. An older S$2.5 million threshold that still circulates online is obsolete. If you are a founder building a company and paying yourself a salary, your route to PR is almost certainly an Employment Pass, ONE Pass, or EntrePass followed by a standard PR application, which we cover in our Singapore PR application guide. The GIP is for established business owners, fund principals, and single family office principals operating at a much larger scale.
With that framing, here is how it works.