PR Chances? Should apply or not

[hopefulforpr]

Hi, I would like to seek the opinions of the members as well as advise on whether I should apply for a Singapore PR. My details are as follows:

I am a 29 year old Indian male staying in Singapore since mid 2010 before which I got a master degree from Australia. I am currently earning about 115K per annum excluding bonus(10-15%). I got married in 2015 and my wife(27 years old) is here since then on a Dependant Pass(She is also an Indian and has an MBA from India). She started working in June last year but is working on a Letter of Consent. Her yearly salary is about 65K and has a contract till mid next year, but will most likely either be extended or she will be made a permanent employee in her company.

I have switched jobs a couple of times once in mid 2014 and once about 6 months ago, working in multinational companies all the while earlier in Consulting, now in Insurance sector.

I applied for PR at the end of 2013 but at that time my salary was about 65K while waiting for the result I switched jobs to another company and salary was then about 83K (notified ICA), was unmarried then and my application was rejected after waiting for 8 months.

Ques1. I would like to apply for a PR again, what are my chances now? Should I even consider applying?
Ques2. I would like to apply for a PR along with my wife, but she has had only one NOA, is that an issue?
Ques3. We have about 120K savings in Singapore bank account, would purchasing life insurance or any other investment help? if it would what would be the best option?
Ques4. Does securing an appointment at any particular time of the year have any bearing on the application?

Thanks in advance for all the help and advice.

[BBCWatcher]

Ques1. I would like to apply for a PR again, what are my chances now?

Greater than zero and probably slightly improved.

Ques2. I would like to apply for a PR along with my wife, but she has had only one NOA, is that an issue?

Not really.

Ques3. We have about 120K savings in Singapore bank account, would purchasing life insurance or any other investment help?

Purchasing simple term life insurance (and disability insurance) sufficient to protect your spouse's financial needs should you die or be unable to work, if you don't have adequate insurance already, would help your spouse. Life insurance and/or investments won't help your PR application, at least not at that level.

Ques4. Does securing an appointment at any particular time of the year have any bearing on the application?

There's no evidence of that.

[dynoto]

Ques4. Does securing an appointment at any particular time of the year have any bearing on the application?

There's no evidence of that.

Perhaps the better answer would be, does securing an appointment in regards to political climate has any bearing on the application.

[BBCWatcher]

Perhaps the better answer would be, does securing an appointment in regards to political climate has any bearing on the application.

I'm not exactly sure what you're trying to convey, but if your point is that PR decisions are rooted in policies, and those policies are subject to political considerations, that's true. All one can say is that the longer you wait, the more likely your application will be considered within a different policy and political context. But there's no assurance the future context will be more or less favorable to a particular application.