Singapore is known for its economic power within Southeast Asia. It is very tiny geographically, but the economy is strong. Many individuals from all over the world are in search of the opportunity to reside or work in this state. Due to the many advantages that come with living in Singapore, one of foreigners’ main reasons for working here is to obtain a PR.
According to Singapore’s collected data, almost a million people are PR holders. Although the whole process takes a lot of time, individuals are still willing to wait because of all the myriad of advantages that come with it. Here are some of them.
Lower Medical Charges
Access to healthcare services in Singapore is increased if you are a permanent resident. The country provides various ways of reducing the cash you use on matters relating to health. For instance, they can give you access to a polyclinic for no charge or for the same amount paid by a Singaporean citizen rather than the large sum that foreigners pay. If you need any medicine, it is also available at cheap prices.
Residence Stability
One of the major advantages of PR is that it offers a firm settlement status. This means freedom, having your rights, and other perks in the country. If, for example, you are a spouse of a PR holder, you can also benefit by getting a visit pass to Singapore.
Employment Bonus
It does not matter if you are self-employed and have just started a business venture, are employed by a company in Singapore, or are just earning income through a profitable business. Once you get a permanent residence, all these become easier to do. Companies in Singapore will also prefer PR holders because they do not need to invest more in getting job permits and the like.
Simplified Traveling
Having your traveling simplified is also one of the many advantages of obtaining a permanent residence. You can come and leave Singapore without any applications for different visas for traveling. You will also get a blue card that will act as an identification document. If you want to get a permanent residence visa for Singapore, visit Visa Express for more information.
Education and Child Support
There are a lot of childcare facilities in Singapore that receive the government’s support. And because of this, permanent residents enjoy a reduced cost when they need the services of childcare facilities.
If you are a PR holder and decide to include your partner or children when applying, then the benefits increase. You will be surprised to see your children being prioritized and joining public learning institutions of your choice.
Retirement in Singapore
Permanent residents of Singapore have the right to live in the country even after they have retired. They are also free to leave the country if they want to.
It is important to note that getting a PR in Singapore is a long process, and it may take six to twelve months. But with the above benefits, you have every reason to wait.
