Known as one of South East Asia’s richest city-states, Singapore attracts a large number of tourists. The country’s stability and security are a source of immense pride, as are its conservative values and strict local restrictions.

As a Singapore Permanent Resident (PR), you are entitled to a slew of benefits and privileges

Additionally, it is important to note that not all applications for residency in Singapore will be successful and that it is up to the Immigration and Checkpoints Authority Singapore to approve them (ICA). At least six months of continuous work authorization (such as an Employment Pass or PEP) is required before you may apply for permanent resident status in Singapore. For immigration to singapore  it is important.

If you want to live in Singapore for the rest of your life, here are some reasons why you should apply for permanent residency:

Being a Singaporean Permanent Resident: Benefits and Drawbacks

When visiting other nations, permanent residents may find it easier to get visas. Business travellers and those visiting overseas companies, especially those who must travel for work, will find this to be very useful.

A valid Re-Entry Permit (REP) is required, and they must guarantee that it does not expire when travelling outside of Singapore. This is important to keep in mind. Please read our page on Re-Entry Permits (REP) for more information about REP. For the singapore pr application it is important.

There are several job openings in the area

To avoid the hassle of having to reapply for a work permit after a job change, you will be able to apply for new positions while still on your employment pass.

During the application procedure for a new job with a new company or the Ministry of Manpower, this might lead to valuable time and money being wasted (MOM). When looking for a job in Singapore, being a permanent resident isn’t the sole benefit. It is possible that as a Singaporean permanent resident, you may also be entitled to a better salary and other benefits.

Singapore Permanent Resident Cards for Your Family’s Advantages

One of the most important benefits of being a Singapore permanent resident is the ability to prepare for the future of your family. Your parents, spouse, and children may all be granted a long-term visit pass (LTVP). Additionally, the LTVP greatly increases your employment prospects in Singapore!

Enrolling school-age children in Singapore’s public schools will take precedence over all other options. The school your child attends depends on where you live, and you will be eligible for government subsidies, as well as a variety of other advantages.

Benefits of Permanent Resident Status in Singapore for Financial and Tax Reasons

In addition to earning financial benefits like tax reliefs and refunds, you will also be granted permanent resident status like any other Singaporean citizen. The Central Provident Fund (CPF) of the Republic of Singapore will also be open to you (CPF). When you work for a company, you must contribute to your CPF. The taxable income would be lower when CPF was deducted from the salary.

Additionally, CPF Funds, which can be used to earn interest growth over the course of your economic contributions, are a lesser-known benefit for Singapore permanent residents, and the accumulated CPF amount can be used for a wide range of purposes including health care and home ownership and even retirement plans for yourself or your family.