What Are The Requirements And Benefits of Singapore PR?

What are the requirements and benefits of Singapore PR?

There are two (2) types of schemes which foreigners can apply PR under.

The first scheme would be the Form 4A Scheme for Professionals, Technical Personnel and Skilled Workers. This scheme is eligible for any foreigners holding the following passes:

  1. S-Pass
  2. Employment Pass (EP)
  3. Personalised Employment Pass (PEP)
  4. Entrepreneur Pass (Entrepass)

The second scheme would be the Form 4 Scheme for Sponsored applications. This is eligible for people who are:

  1. Spouse/child (below 21 years old) of a Singapore Citizen
  2. Spouse/child (below 21 years old) of a Singapore PR
  3. Parent of a Singapore Citizen

A permanent resident (PR) refers to someone who has been given Singapore PR status by the Immigration and Checkpoints Authority (ICA) of Singapore. They however are not full-fledged Singapore Citizens.

As a Singapore PR, you and your family have the right to live, work and integrate into the fabric of Singaporean society just like ordinary citizens. As a Singapore PR, you will enjoy:

  • Visa flexibility : Have no visa restrictions into Singapore / remain in SG for unlimited period of time
  • Family proximity : Be able to obtain Long Term Visit passes for your parents, spouses and children
  • Education Priority :Priority placement of children into Public schools
  • Career Flexibility : Open door to employment opportunities and freedom without a need for permits
  • Comfortable Retirement : Benefit from a highly sought after and modeled pension scheme
  • Property ownership perks : Enjoy property ownership inclusions
  • Tax Reliefs : Receive various monetary benefits from tax to easy bank loan approvals
  • Entrepreneurship Ambitions : Go through smoother process in setting up your business
  • Citizenship : Build natural path toward Singapore citizenship

About the Author

You might also like…