For most people this is not a benefit, companies usually pay the CPF contribution directly into the hands of the EP holders.beppi wrote:I became PR just to get CPF, which in my opinion is a real and great benefit.
Later, the fact that I could start a small business and stay here even when not having a job came in handy.
I never intended to buy an HDB (or any other property in Singapore).
Not exactly mate. If you have skills in demand (not shitty IT skills but something actually useful) you may find yourself sponsored into Australia. I've put in about 6 people (Indo and MY and one Indian) in the last five years on 457's. Half of them have stayed on and become PR's. Maybe you need to look at your skill set?Wd40 wrote:Its so contrasting between Singapore and OZ, isnt it? In OZ, finding a job as a foreigner, just forget it. You need to be apply for PR before going and be in the country and then if you are lucky you may get a job. Also everything there is contract contract, just like London. 3 months rotating contract 6 months rotating contract. But its a mature economy and contract jobs pay better than perm. In contrast Singapore, getting job is relative much easier. For getting a job, foreigner or PR, not much difference(atleast until now). But no minimum pay, so salaries are usually peanuts unless you are a rockstar.
So net-net I agree, PR in Singapore doesnt get you much compared to say PR in Australia. But then again, you invest nothing to get a PR in Singapore except for your son losing his 2 years for NS(if you look at it as a loss, that is). In case of Australia you risk 7K AUD if its couple and a child and then risk leaving your current job and going there and looking for a job. It can be a big hit or a big miss. Singapore is kind of safe low risk low reward.
He could be one of these hundred.... but he's not because like so many of his countrymen he fell for the "IT is a great job" mantra in the 80's and 90's. In 1995 I was in IT - I remember telling my Aussie colleagues - "this is clerical work - we'll all be out of work in a decade". I left the S/W industry - went back to hardware and retrained to the downstream oil and gas industry. He's just as smart as I am and could do it but he won't.beppi wrote:C'mon, mate, don't be so harsh - not everybody can have skills as useful as sitting on a oil rig in bad weather!PNGMK wrote:If you have skills in demand (not shitty IT skills but something actually useful)
There are plenty of people in this world who are not as lucky as me.I didn't complain. Just saying that its not easy to get a job in Australia. BTW, if you read the the list of skills that PNGMK shared 6 of them are IT.x9200 wrote:Then I don't get why are you complaining you could not get a job in Australia.
You actually left IT at the wrong time. If you were in IT in 1995 and didnt stay on until 2001, you missed the biggest bull run and dot com boom in the industry's history. If you made it big in the oil and gas industry, who knows, you might have made it even bigger if you stayed had stayed on in IT. Indians got the IT mantra only in the late 90s and 2000's those that got in the 90s and made it to the US and survived the dotcom crash are doing really well there. Most Indians in IT are low end workers(including myself) and not skilled enough to do well in most other knowledge industries. But if you are really sharp there is no reason why you couldn't be really successful in IT.PNGMK wrote:He could be one of these hundred.... but he's not because like so many of his countrymen he fell for the "IT is a great job" mantra in the 80's and 90's. In 1995 I was in IT - I remember telling my Aussie colleagues - "this is clerical work - we'll all be out of work in a decade". I left the S/W industry - went back to hardware and retrained to the downstream oil and gas industry. He's just as smart as I am and could do it but he won't.beppi wrote:C'mon, mate, don't be so harsh - not everybody can have skills as useful as sitting on a oil rig in bad weather!PNGMK wrote:If you have skills in demand (not shitty IT skills but something actually useful)
ExxonMobil valuation is 419B but it has to employ 75,000 employees.Correction; whatsapp is a company that was paid for with $4BB in cash (maybe - if the cheques don't bounce) and $15B (supposed) of FB shares that may well be worthless.Wd40 wrote:You actually left IT at the wrong time. If you were in IT in 1995 and didnt stay on until 2001, you missed the biggest bull run and dot com boom in the industry's history. If you made it big in the oil and gas industry, who knows, you might have made it even bigger if you stayed had stayed on in IT. Indians got the IT mantra only in the late 90s and 2000's those that got in the 90s and made it to the US and survived the dotcom crash are doing really well there. Most Indians in IT are low end workers(including myself) and not skilled enough to do well in most other knowledge industries. But if you are really sharp there is no reason why you couldn't be really successful in IT.PNGMK wrote:He could be one of these hundred.... but he's not because like so many of his countrymen he fell for the "IT is a great job" mantra in the 80's and 90's. In 1995 I was in IT - I remember telling my Aussie colleagues - "this is clerical work - we'll all be out of work in a decade". I left the S/W industry - went back to hardware and retrained to the downstream oil and gas industry. He's just as smart as I am and could do it but he won't.beppi wrote: C'mon, mate, don't be so harsh - not everybody can have skills as useful as sitting on a oil rig in bad weather!
BTW, WhatsApp is an IT company with 30 engineers who got a valuation of 19B. I dont think your industry can beat that, can it?
Most plumbers in Australia make more than you do in IT. In fact probably double. Most nurses are on about 3 times what they get paid here.Wd40 wrote:I didn't complain. Just saying that its not easy to get a job in Australia. BTW, if you read the the list of skills that PNGMK shared 6 of them are IT.x9200 wrote:Then I don't get why are you complaining you could not get a job in Australia.
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I think its just like Singapore. The jobs that are easy to get are those that nobody want to do. Nobody in Singapore wants to become a nurse, plumber or get into construction.
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