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Thursday, April 9, 2009

SINGAPORE PERMANENT RESIDENT APPLICATION

Especially for Malaysian working in Singapore, you'll understand how important it is to secure a PR status. With the PR status, it's easier for you to get job here in Singapore.
Some people will argue that they do not wanted to contribute to CPF (Malaysia's EPF), which they'll only be able to retrieve back after their retirement age of 62. Though the CPF cut from your monthly salary is quite high, 20% of your monthly salary and 14.5% from your employer, it worth it, believe me. Think further, you can use your CPF monies to fund for your HDB house in Singapore, take it as a form of investment. Unlike Malaysia, you can use your CPF's Ordinary Account to pay for your monthly housing installment. You'll also get a cut from your employer's contributions. And when you retire, you'll also have an amount of monies in your CPF's Special Account for your retirement.Then, if you fall sick, you can use your CPF's Medisave monies to pay for your hospitalisation fees. Medisave can also pay for part of your child delivery fees in Singapore.

Now, what's the procedure for the PR application? First, if you are not super rich to open a business in Singapore nor you are not studying in Singapore, you must be working in Singapore and must be holding S Pass or Employment Pass. If you are only holding a Work Permit, 100% you can't apply fo PR. You must upgrade your work permit to S Pass or Employment Pass through your employer.

Though PR application is something that you can apply on yourself, you'll need a letter to ICA in order to process your application. This letter must come from your employer stating your start day, your position and your salary. Many employers in Singapore will force their staff to sign a bond with them in order for them to prepare the letter to you. Reason is, once you get the PR, chances are high that you will leave employment and look for further opportunity outside because it'll be much easier to get a job now.

There are actually ways to go through this without getting to sign a bond with your employer, I can't disclose this here. If you are interested, please leave your email and I'll contact you how.

7 comments:

Kok Koon said...

hi, i need to know more, pls email me at kokkoontan@yahoo.com

dante said...

Hi, thanks for your generous info regarding PR application. Im male, Indonesian. I recently got married to a Singaporean PR. What are the chances of me having a successful approved application? People tell me its not wise to automatically apply for SPR just because I just got married. Some say wait about a month, some say wait until I get employment under s-pass/e-pass. Some say wait after working 6 months then apply? I actually want to acquire SPR A.S.A.P because the majority nature of jobs in Spore request I have SPR to apply for the desired vacant position. Your insight will be a tremendous help for me to understand this situation better. Thanks so much!
dante@mediapura.com

Yann said...

hi can you provide me info on how to get pr w/o an employer letter? much appreciated.. singaporemorningstar@gmail.com

Soon said...

Hi There,

Appreciate your help to provide me the info on getting PR without employer approval letter.

Awaiting your soonest reply on this.

Regards,
Soon
e-mail: waiyoong84@yahoo.com

A Gust of Wind said...

Hi, in actual fact, ICA only needs a proof that you are still working in this company. When you are submitting the documents, you can ignore the employer's part. Just bring along your employment letter and write a letter to ICA informing them that your boss wanted you to sign a bond with them and thus you are not applying PR with employer consent. ICA will allows this.

When your submission has been approved, request a certification letter from you employer indicating that you are an employer with them. Of course, you can just tell your employer that you need the letter for signing a handphone line. Just attention the letter to 'Whomever it concerns'

Anonymous said...

hi can send to my email about not to get bond with my employer abdullano@yahoo.com. thanks

Anonymous said...

Hi Nice article. If you are talking of any other way then PEP please let me know. my emailid is nalinbit@yahoo.co.in