Investment  
     
 

The chapter covers the various stages of investment, ranging from the pre-investment stage to the post-investment stage. Investors who can benefit from this chapter are also not limited to only nationals of Singapore or companies owned by Singaporeans but include permanent residents and enterprises with substantive business operations in Singapore. In addition, in terms of concessions, which are premised on a negative list approach, Japan and Singapore have listed a total of 21 reservations (12 reservations for Japan, covering about 20 industries and 9 for Singapore). Except for these limited areas, investors from both countries will enjoy the liberal investment regimes that both countries will be binding under the chapter.

The salient features of this chapter include:

i. Beneficiaries who are nationals of Japan or Singapore and enterprises that are owned or controlled by nationals. In respect of Singapore, permanent residents of Singapore who are investors are also included as beneficiaries under the JSEPA.
ii. Broad range of investment instruments such as stocks and equities, as well as intellectual property rights, debt instruments, and rights conferred by licenses and permits.
iii. Expropriation & Compensation:  In the event that such expropriation occurs, the governments are required to afford compensation for the expropriated investment.
iv. Free Transfers: Both countries will allow the investors to freely repatriate and transfer funds related their investments (such as capital, profits, dividends and royalties) into and out of the country.