After reading this rather lengthy thread, I have the following observation:
OP: Seems like you don't want to take the steps necessary to realize your own goal, but rather, you want Singapore to change its laws so that an "investor" can get PR. Do I have that right?
Here's your problem: There are plenty of people out there with tons of money who would like to become PR's as an investor. One fellow wants to know if he can buy a couple of million dollar properties and get PR. Solves so many problems for them.
Only, Singapore doesn't want the problems they would bring. How many corrupt Indonesian generals and Chinese businessmen should be granted PR? Russian mafia leaders are always looking for legal places to live... Singapore PR because you invest? What a windfall! What do you do about all these wealthy PR individuals buying up all the
property in sight for "investment" purposes?
No... I judge that Singapore has very carefully thought through who is going to get in on the GIP program and who is not... and if you're trying to get in just because you manage your own pile of cash... well, that's not going to happen.
So... if you're dragging down $2.5 million a year in investment proceeds as you have suggested, then I'm going to throw out a number of $25 million that you all must have under investment... at least... that assumes a 10 percent return... damn good... or maybe as much as $50 million at a 5 percent return.
a) I've never met anyone who had this kind of cash that doesn't know every trick in the book for tax minimization. You don't state where your tax home is, so I can't comment upon it, and it is very rare for coupon clipping individuals to pay tax twice on proceeds.
b) She's going to need to take $2.5 million and put it into a GIP company. Maybe it's an investment company that invests in the same stuff you do now. Maybe it's something else entirely, like one of the funds that GIP offers. If you want to use GIP, then you're going to have to follow the rules.
OR
c) As a Singapore PR, you create a wealth management company. You start with one client. You provide investment advice in exchange for money. You get paid plenty to manage the wealth. Now you have enough salary to qualify to get your wife's PR. Hell, you could even start a career... duplicate your wife's holdings for other investors.
Again, I judge that the Singapore gahmen doesn't care about investors and "earning potential". What benefit is she to Singapore? Dividends aren't taxed in Singapore. What's the economic benefit of having your wife as PR? That's what you're up against.