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 Working Life in Singapore, Please Share your value Experience

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yrh0413
post Jun 19 2008, 02:53 PM

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QUOTE(seantang @ Jun 19 2008, 02:34 PM)
You can actually apply for PR anytime you want. That's because even people who don't work in Singapore can apply for PR. They can just walk into a Singapore embassy to get a form and send it in. Whether they give you PR or not is a totally different issue, but there's nothing to stop you from applying.
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Can? What's the success rate if I apply for a PR on the 5th day of my work? Zero or close to zero? tongue.gif
eRiCCa
post Jun 19 2008, 02:59 PM

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QUOTE(seantang @ Jun 19 2008, 02:44 PM)
My feeling is that there are very few quotas, if any, for professional services (PMET), and almost none for labour intensive industries like manufacturing and electronics.

And regardless of any quotas, the bureaucrats always deal with applications on a case by case basis.


Added on June 19, 2008, 2:47 pm
Have you done any wealth mgt at all in Malaysia? Years of experience? Portfolio size?
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hmmm... i havent got anything in managing them... i am now in goldman sachs melbourne in the private wealth management operations, in the custodian... hoping to move to actual funds management... but not sure how is the route like?
nicvoo
post Jun 19 2008, 03:06 PM

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Stayin at tampines workin at bt merah 1h traveling time.next month onward will be based at site at jurong damn suck salary no increase wan me go so far wanna look for another job dy.

anyway got my tru by knowing the boss but i left him after workin 4months for him haha
yrh0413
post Jun 19 2008, 03:07 PM

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nicvoo, do you hold a PR after servicing for 4 months?
seantang
post Jun 19 2008, 03:40 PM

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QUOTE(yrh0413 @ Jun 19 2008, 02:53 PM)
Can? What's the success rate if I apply for a PR on the 5th day of my work? Zero or close to zero? tongue.gif

I received my Employment Pass in late January 2005.

Official start date at the Singapore company was 1 Feb. I flew into Singapore and reported for work after CNY mid-Feb. I applied for PR a week later. I dated my PR application form 17 Feb. I probably posted it a few days later.

My PR approval letter is dated 30 March 05.

So, like I said, it's on a case by case basis.
yrh0413
post Jun 19 2008, 03:45 PM

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QUOTE(seantang @ Jun 19 2008, 03:40 PM)
I received my Employment Pass in late January 2005.

Official start date at the Singapore company was 1 Feb. I flew into Singapore and reported for work after CNY mid-Feb. I applied for PR a week later. I dated my PR application form 17 Feb. I probably posted it a few days later.

My PR approval letter is dated 30 March 05.

So, like I said, it's on a case by case basis.
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Weird, I got this from the official website. sweat.gif Never mind... I'll wait for 6 months then.

"Permanent residency application is open to those under 50 years old and who are
suitably qualified or skilled. They may apply to the Singapore Immigration Authorities
for Singapore P.R. after at least 6 months of employment on Employment pass or on
a three -year Work Permit."
seantang
post Jun 19 2008, 03:54 PM

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QUOTE(yrh0413 @ Jun 19 2008, 03:45 PM)
Weird, I got this from the official website. sweat.gif Never mind... I'll wait for 6 months then.

No harm applying early. What's the worse that can happen except wasting some stamps?

Anyway, the Sg govt is known to exercise... a lot of discretion when it comes to such matters. Young, productive (economically and biologically) people who are culturally very similar to native Singaporeans... that's exactly what Singapore needs the most for its continued survival.

This post has been edited by seantang: Jun 19 2008, 03:57 PM
eRiCCa
post Jun 19 2008, 04:11 PM

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hey seantang, are you in banking industry?

by the way... "No harm applying early. What's the worse that can happen except wasting some stamps?" does it mean that you dont need to pay anything to apply? then i assume the immigration is so busy everyday just to open millions of junk mails...
yrh0413
post Jun 19 2008, 04:17 PM

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QUOTE(eRiCCa @ Jun 19 2008, 04:11 PM)
by the way... "No harm applying early. What's the worse that can happen except wasting some stamps?" does it mean that you dont need to pay anything to apply? then i assume the immigration is so busy everyday just to open millions of junk mails...
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laugh.gif laugh.gif I love this one!
seantang
post Jun 19 2008, 05:04 PM

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QUOTE(eRiCCa @ Jun 19 2008, 04:11 PM)
hey seantang, are you in banking industry?

then i assume the immigration is so busy everyday just to open millions of junk mails...

I didn't pay anything to apply. Forms can be downloaded from their website or photocopied.

As for that crack about junk mail, why would you assume that? Just because they don't charge you a fee for applying, then you'd think there'd be millions of people sending blank forms or forms filled with nonsense etc to immigration?

Even if there was a fee for applying, how will that make a difference with 'junk mail'? Do these 'senders' of junk mail obediently attach a bank draft or cashier's order with their junk mail, when requested by the recipient? And therefore if there happens to be an application fee, enclosing the fee will increase the cost of junk mailing? rolleyes.gif

And no, I'm not a banker, although I'm in finance.
eRiCCa
post Jun 19 2008, 05:10 PM

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no lar what i am thinking is since it's free then people just apply for fun only lar dont care whether can get or not... just like gambling with the luck only...

coz we paid 2k just for the application to be au pr... so i thought it would at least cost something to get sg pr too, if not much...

ah ok... finance... so is it fun in finance? finance in a bank yea?
seantang
post Jun 19 2008, 05:14 PM

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QUOTE(eRiCCa @ Jun 19 2008, 05:10 PM)
no lar what i am thinking is since it's free then people just apply for fun only lar dont care whether can get or not... just like gambling with the luck only...

coz we paid 2k just for the application to be au pr... so i thought it would at least cost something to get sg pr too, if not much...

ah ok... finance... so is it fun in finance? finance in a bank yea?

The difference is that Australia doesn't encourage more people to migrate to Australia. That's why they set up all sorts of pre-conditions like the points system, high priority professions, minimum stay period, application fees etc.

Singapore however, needs as many people as it can get.

Finance in MNC. Banking is one of my possible next jobs, but judging from the present climate at the banks, I'm not too keen.

eRiCCa
post Jun 19 2008, 05:21 PM

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but do you think that it will become too many people there?

ok so in order to increase your chance of employment by getting a sg pr... just simply get a job in sg then apply for ep... then just apply for the pr... then once get the pr then start looking for next better jobs...
seantang
post Jun 19 2008, 05:30 PM

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QUOTE(eRiCCa @ Jun 19 2008, 05:21 PM)
but do you think that it will become too many people there?

Maybe, maybe not. But heck, why do I care? I'll be off to another place, another job or retired back to Malaysia long before anything like that happens.

QUOTE(eRiCCa @ Jun 19 2008, 05:21 PM)
ok so in order to increase your chance of employment by getting a sg pr... just simply get a job in sg then apply for ep... then just apply for the pr... then once get the pr then start looking for next better jobs...

That's the general route now. But I heard on the tv that they will be introducing a new employment pass that is not tied to any individual employer soon. ie. you can keep that EP even if you quit your first/original employer and look for a job / go to a new job.
eRiCCa
post Jun 19 2008, 06:13 PM

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ok so you still wish to retire in malaysia?

ah? so an EP is actually tied to the company and not some sort of like working visa for the individual ar?

ah... ok sounds like i should start planning my sg life soon...
seantang
post Jun 19 2008, 07:23 PM

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QUOTE(eRiCCa @ Jun 19 2008, 06:13 PM)
ok so you still wish to retire in malaysia?

Well, it definitely won't be Singapore. It takes S$2000-3000 a month just to live a decent but decidedly average lifestyle here (including HDB rental). And you can't spend on any luxuries. Singapore's really a crap place if you've got no income.

The same amount would be RM5000-8000 in Malaysia. In a place like Ipoh, Kuantan, Seremban or something, that'll go a long, long, long way.

SUSSPS
post Jun 19 2008, 07:54 PM

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QUOTE(seantang @ Jun 19 2008, 07:23 PM)
Well, it definitely won't be Singapore. It takes S$2000-3000 a month just to live a decent but decidedly average lifestyle here (including HDB rental). And you can't spend on any luxuries. Singapore's really a crap place if you've got no income.

The same amount would be RM5000-8000 in Malaysia. In a place like Ipoh, Kuantan, Seremban or something, that'll go a long, long, long way.
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I am unsure if Malaysia would even be an attractive place to retire in a couple of decades.

One good thing about Singapore though - the Singapore dollar keeps appreciating vis-a-vis the Malaysian ringgit year after year.

Assuming you retire in a couple of decades, it would not surprise me if a Singapore dollar can be exchanged for more than 3 Malaysian ringgit then.

This post has been edited by SPS: Jun 19 2008, 07:57 PM
seantang
post Jun 19 2008, 08:18 PM

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QUOTE(SPS @ Jun 19 2008, 07:54 PM)
I am unsure if Malaysia would even be an attractive place to retire in a couple of decades.

Could be. In any case, it's much too soon to make any final decisions.

Plan is to earn as much as possible as early as possible and then invest that as wisely as possible... hopefully the bank account ends up with 7, maybe long shot 8 figures. The more net worth you have, the more retirement options magically make themselves available.
nicvoo
post Jun 19 2008, 08:57 PM

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pr u can apply once u start working
if u hav a degree n workin in sg its more easier to get
i've been here foor a year din get my pr yet as at 1st i wasnt planing to stay here long. but i,ve changed my mind gonna apply it soon.

once u apply it'll take 3 mothns b4 u know the results. usually u need ur company's chop to apply. sum companys implementa 1year waiting period b4 they help u chop n certify your form

however theres a loop hole, u can appeal to immigration by writing a letter saying tat your cop doesnt wan to sign for you n you still can get it i have a few frens who did that


Added on June 19, 2008, 9:04 pmanyway sg is a sucky place totally no life after work is go home on pc watch movie

unlike msia after work stil lcan drive oout for sum drinks

This post has been edited by nicvoo: Jun 19 2008, 09:04 PM
J(o)y
post Jun 19 2008, 09:29 PM

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QUOTE(yrh0413 @ Jun 18 2008, 10:15 PM)
1+1 units means 1 room 1 living room, the house comes with only one room itself, don't have other rooms to lock haha. Other places like Bedok... the rate fluctuates a lot... a 1+1 unit (with 1 room locked as there are NO legal 1+1 units at Bedok) can range between $900 to $1400 =.="
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Oh, is ur house there near to the 1st link to Johor? I heard that area the safety is abit an issue due to industrial area, means a lot of foreign labour (and i dun mean malaysian)

Is the 1+1 unit only available in ur area there? Meaning other areas will be at least 2+1, with one room lock rite?
I think SGD1.1K is very cheap. Will target ur area to stay, when i get a job in SIngapore, hopefully soon.


Added on June 19, 2008, 9:36 pm
QUOTE(yrh0413 @ Jun 19 2008, 02:53 PM)
Can? What's the success rate if I apply for a PR on the 5th day of my work? Zero or close to zero? tongue.gif
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I think if u already got a job there, there's no benefit in getting PR, unless u thinking of jumping jobs so soon.

PR means cpf of 21%!!!, 1/4 of your salary gone!!!

This post has been edited by J(o)y: Jun 19 2008, 09:36 PM

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