Is Salary Vital When You Apply for Singapore PR?
Is Salary Vital When You Apply for Singapore PR?
Are you working in Singapore and longing to share the array of benefits Singaporeans enjoy?
If so, then becoming a Singapore Permanent Resident (SPR) would be the best decision you could ever take. As a Singapore PR, you will gain easy access to comfortable government housing, better employment opportunities, generous medical subsidies and more.
With many foreigners who work and live here already eyeing the SPR status, ICA has made its assessments more stringent. Only about 30,000 applications are approved annually. How then does one improve their chances of getting that approval letter as a foreign worker? Is it true that salary determines it all?
To be clear, there is no official salary criteria for PR applications. The only official information stated by the ICA related to your income is the necessity of submitting your payslip. However, if you do opt for the Professionals, Technical Personnel and Skilled Workers (PTS) scheme, then you must meet the necessary salary requirements to obtain an eligible work pass.
Fret not, though, if you do not earn a high salary. ICA adopts a holistic approach in all assessments by evaluating your application across multiple different factors. Read on to find out more.
When applying for PR via the PTS scheme, an applicant has to hold on to certain work passes. However, these passes are only attainable if they meet their respective salary criteria:
Meeting the above criteria will automatically open a door towards Singapore Permanent Residency. In addition to these passes, a high key position within a company or a high salary will further show that you are a valuable candidate who is also able to support yourself and your dependants.
However, your salary alone is insufficient to determine an application’s approval. ICA also takes the following factors below into serious consideration.
Having your own family or close relatives staying here as PRs or citizens is a bonus for your application. Strong family ties are seen as a positive influence and would prove your sincerity on building a future here with your younglings. Additionally, it will mean that you will aid the old-age support ratio where the number of working adults has to equate to the number of elderly here.
If you have graduated from well-known educational institutions, they matter. The applications made via the PTS scheme have been on the rise for the last few years, and so the bar has been raised to filter out the best candidate. Have your graduation certificates, academic transcripts and testimonials prepared. If they are not in English, get them translated by ICA’s approved translators.
If you are below 50 years old, as a younger applicant, you help to stabilise the old-age support ratio while contributing to the country’s economy and society for a lot more years. That said, senior candidates with valuable experiences and knowledge matter, too. Hence, ensure that you continue to positively contribute to the society and economy.
Reflect on your skills. Niche industry skills have a better advantage because they are seen to be of less competition for Singaporeans. Therefore, if you possess subject-matter expertise or specialised technical qualifications in key market sectors such as IT, healthcare, R&D, invocation, security and engineering, then you stand a chance in having your PR approved.
A professional will be able to assess your application based on all the above factors carefully to ascertain your eligibility for Singapore PR. Get in touch with one using the form below.
You may possess many credentials, awards and achievements. To highlight them and boost your application, our expert in-house writers will collate these admirable qualities in a cover letter for the officials to assess your strengths. Your cover letter will be the key towards securing that status.
From start to finish, our specialists from Paul Immigrations will have your back. The experienced experts have a systematic approach to prepare you for the submission process. They are readily available to answer your queries at any time to ease all your concerns and eliminate confusions.
Seeking professional advice would help you meet the requirements laid by ICA and strategise how to boost your application. Our experienced specialists can guide you on what to expect, your next course of action and provide sound tips to ensure your PR approval.
PR applications are submitted online via an e-PR system. If you fulfil the criteria listed by ICA and feel confident about your application, you may proceed. However, ensure accuracy as it is highly critical. Should you fail to fill a relevant field, upload a document/credential or furnish an expected information, you might risk facing a rejection. Approaching an experienced professional such as Paul Immigrations ensures that your application is weighty and stands out amongst the others.
If you will be expecting a pay raise really soon, we suggest that you choose to wait. But if you wish to go ahead, you may proceed but when the time arrives, you should update ICA with the relevant changes. If you had applied for SPR previously and gotten rejected the last time with the same circumstances, there are options to reapply too.
For all cases, you are required to provide your employer’s letter regarding your increment, latest payslip etc for verification.
But of course, a pay raise independently does not make or break an application’s approval. There are multiple other factors also involved and are equally paramount as officials review the application, including (but not limited to) the following:
So it essentially all boils down to a case-by-case situation. Knowing when is the best time to apply for the SPR is crucial for an applicant. Here, an expert can help you decide on your next course of action of whether to wait or to proceed and your eligibility.
Your salary and family background alone does not decide your PR approval. ICA looks into various other factors as following but not limited to:
Having your profile looked through by a reputable immigration consultancy firm will let you understand your eligibility best. Our specialists at Paul Immigrations are highly qualified to navigate you through the application process and bestow sound advice to increase your chances of approval. Contact us today to find out how.