5 Benefits of Becoming a Singapore Permanent Resident
5 Benefits of Becoming a Singapore Permanent Resident
There are many reasons why foreigners choose to live and work in Singapore. Apart from its safe environment, stable economy, and job opportunities, the city state is also noted for being a dynamic metropolis that is ever-changing and continuously improving to meet the demands of its people and the world.
Becoming a Permanent Resident in this city-state will open many doors for both you and your loved ones, especially when it comes to job opportunities, accommodation or even education for your little ones.
Being an economic powerhouse and a global business hub has its advantages. Singapore’s stable and secure economic policies along with its strategic location attract international businesses. With a growing number of businesses starting up in the city-state, there are an abundance of job opportunities for both locals and PRs alike. Additionally, the unemployment rate in Singapore is significantly lower when compared to most Asian countries. This is largely due to the efforts and initiatives in place by the government to ensure that both Citizens and Permanent Residents are given priority when it comes to job opportunities.
Owning a car in Singapore can be relatively expensive, fortunately, due to its size and efficient public transportation, there is no need for a private vehicle in the country. The city has invested a lot of effort and time into the public transportation system, so much so that travelling from one end to another takes less than an hour, especially if you take the MRT. The train network is constantly expanding to provide travellers with an ease of accessibility to different parts of the city. Due to its cost efficiency, most residents in this city-state take public transport to get in and around the city quickly and affordably.
One of the biggest benefits of being a PR is having access to CPF. The CPF works much like a pension system, where by PRs, Citizens and their respective employers are required to contribute a sum of money to their CPF account. CPF funds are typically split into different accounts. The Ordinary Account is reserved for insurance, education, investment and housing purposes, while the Special Account is catered for retirement, and Medisave meant to offset hospitalisation expenses and other medical insurances.
There is rarely any political unrest in the country. Due to its strict laws and regulations, the country has maintained peace and order. Apart from this, regular police and military patrol in crowded places and surveillance has deterred and has aid in the prevention of crimes. In fact, the country’s crime rate is so low that it is noted to be one of the safest countries in the world to live and work in.
After living and working in the country for a significant number of years as a PR, you will be eligible to apply for a Citizenship. Becoming a Singapore Citizen will undoubtedly provide you with the same benefits as locals in the country. As a citizen of the country, you will have access to better tax rates, voting rights and subsidised housing instead of resale housing. Additionally, you will also obtain a Singapore passport, which will allow you to obtain visas to certain countries overseas.
At Paul Immigrations, our specialists are equipped with the knowledge and insight necessary to highlight the professional skills and talents of each individual. By crafting a personalised cover letter, they strive to not only set your profile apart from the rest of the applicants, but also ensure that your strengths, professional qualifications improve your chances of becoming a PR.
Our specialists have years of experience in the industry and fully understand the inner workings of the system. Although ICA (Immigration and Checkpoints Authority) has the final say in the approval or rejection of your PR application, the team’s expertise can help your application gain a higher chance of approval. This includes consolidate all additional supporting documents for the application.
Although it may seem effortless to submit your application via the e-Service portal, you might end up wasting time trying to navigate your way through it. Hence, it is imperative to get an expert to guide you through the process efficiently without comprising the application process, and make sure that the overall process is smooth, fast and streamlined.
To be eligible permanent resident you will need to meet one of the following criteria. Firstly, you will have to be a spouse of a Singapore Citizen or PR. If you hold an S Pass, Employment Pass, Personalised Employment Pass or Entrepreneur Pass you will also be eligible for a permanent resident status. Additionally, if you are an unmarried child of a Singapore Citizen or PR below the age of 21, you can apply for a PR as well. Other eligible applicants include aged parents of Singapore Citizen and Student Pass holders who have lived in Singapore for a minimum of two years and have undergone and passed at least one national exam such as PSLE or GCE ‘N’/’O’/’A’ levels or are enrolled in the Integrated Programme.
Over the years, it has become increasingly difficult for foreigners to become permanent residents in the country. This is largely due to the stringent measures that the government has put in place when assessing PR applications. Meeting the eligibility criteria will not guarantee an outright approval for your application. It is possible for applicants to meet all the eligibility criteria and still be rejected. This is one of the main reasons why you should engage an expert. A consultant will be able to help you with your application and turn the odds in your favour.
As a Singapore PR, you will be able to include your spouse and unmarried children under 21 in the PR application. Additionally, if your children are school-aged, they will be placed on the priority list, just behind citizens to enroll in public schools of your choosing.
That depends on the eligibility criteria set by the ICA. If they do meet the criteria listed, it is best that families and couples combine their applications. Doing this will indicate to immigration officers that the family has a desire to live and work in the Lion City in the long-term as a single-family unit.