Would investing in a property as an EP holder help with my chances of a PR? Does anyone have experience around that? - Seedly
 

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Asked by Anonymous

Asked on 31 Dec 2019

Would investing in a property as an EP holder help with my chances of a PR? Does anyone have experience around that?

Any other investment based suggestions that can support for an EP (Indian origin, Single) earning approx. 12k per month living in Singapore for 6 - 7 years help with a PR?

Working in a reputable company that is a "darling" of the SG govt but never applied as yet since everyone around me keeps getting rejected.

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R
RM
Level 6. Master
Answered 1d ago

They are pretty strict on PR application these days. You have been in Singapore for a good number of years. Give it a try. You never know.

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AD
Awk D
Level 3. Wonderkid
Answered 1d ago

Doesn't have help on pr. Probably do more community work will help.

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Davin Lee
Davin Lee
Level 6. Master
Answered 1d ago

I don't think it's a wise move to buy a pty as a foreigner as the ABSD is too heavy.

And PR application has nothing to do with property ownership.

U need to apply first as the experience of ppl around u basically has no relation to yr success rate.

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T
Tommy
Level 3. Wonderkid
Answered 3w ago

Investing in property will not guarantee you to be PR. Instead focus on the long term benefits of owning a property in Singapore will be best choice.

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C
curious_moo
Level 3. Wonderkid
Answered on 02 Jan 2020

The formulae to attaining PR is a top secret government agenda.

There are no actual proven track records on how PR are given.

Some even say that your investment outside of Singapore could also affect their decision, such as remitting most of your salary back to India, or having multiple property elsewhere other than Singapore). But of course these are not proven as well.

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Kang Jianbin
Kang Jianbin
Level 4. Prodigy
Answered on 02 Jan 2020

To certain extent, owning a property in Singapore will add value when you apply for PR. ......

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Liu Yuantai
Liu Yuantai, Coach, Speaker at Happy Man Club
Level 3. Wonderkid
Answered on 01 Jan 2020

Absolutely not.

More importantly, what value can you bring to the country?

This will be evident from your own work experience, your knowledge, skill sets and mind set.

If you are a businessman, what sort of business do you do?

If you are an employee, what have you contributed to your own company?

What kind of community work have you been involved in?

Focus on these 3 areas would be more fruitful than just buying property.

Hope this helps!

Yuantai is the chief happy man, creating a community of people happily helping one another.

He is a personal coach and speaker, covering the topics of personal branding on social media.

He has helped many entrepreneurs to create powerful personal brands through social media.

Connect with Yuantai

www.linkedin.com/in/chiefhappyman

Liu Yuantai

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There is no real data to indicate that investing in a property in Singapore will boost the rate of success to obtaining a PR status. Otherwise, all my clients who are holding onto an Employment Pass would have done the same and be PR by now.

Additionally, it may be worthy to note that you do not have to go through a third-party agency to apply for a PR and there is no proven fact on the success rate to this end.

Now, focus on you and the value that you are able to bring to Singapore's economy, and its growth for the future. All these takes time to build and it all depends on how determined you are to this end.

Here is everything about me and what I do best.

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