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Give up completing formality for PR

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minsp
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Give up completing formality for PR

Postby minsp » Thu, 08 Sep 2016 9:33 pm

Hello, I recently got IPA letter for PR. However, I decided not to complete formalities for some reasons. Will I have any penalty for giving up? Should I report to ICA to cancel my IPA or just let it go until the due date hence they void it automatically? Looking forward to your two cents. Thanks.

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singaporeflyer
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Re: Give up completing formality for PR

Postby singaporeflyer » Thu, 08 Sep 2016 9:56 pm

minsp wrote:Hello, I recently got IPA letter for PR. However, I decided not to complete formalities for some reasons. Will I have any penalty for giving up? Should I report to ICA to cancel my IPA or just let it go until the due date hence they void it automatically? Looking forward to your two cents. Thanks.


After all careful thinking, if you have really decided not to complete the formalities, the best way would be to write to them with the reason (if possible) to tell them that you are not taking it up. Based on my personal opinion, this is least that you should do to keep them informed of your decision.

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Strong Eagle
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Re: Give up completing formality for PR

Postby Strong Eagle » Thu, 08 Sep 2016 10:09 pm

I have a hard time trying to determine what the downsides would be for taking a PR that has been granted to you. I agree with SingaporeFlyer that notifying them is the right thing to do, and I would really reconsider your decision not to take up PR when it has been granted.

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dynoto
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Give up completing formality for PR

Postby dynoto » Thu, 08 Sep 2016 10:35 pm

minsp wrote:Hello, I recently got IPA letter for PR. However, I decided not to complete formalities for some reasons. Will I have any penalty for giving up? Should I report to ICA to cancel my IPA or just let it go until the due date hence they void it automatically? Looking forward to your two cents. Thanks.


PR nowadays are really hard to come by and for you to withdraw your application while there are hundred of thousands applicants lining for it every year, doesnt seem like you're appreciative enough to have been handed a golden ticket.

If i may guess, does the reason have anything to do with the responsibilities that comes with being a PR.
Eg NS, CPF, etc?

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PNGMK
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Re: Give up completing formality for PR

Postby PNGMK » Fri, 09 Sep 2016 8:23 am

Come on leave the OP alone Dyno. I'm sure the ICA system has a built in yield factor. Dyno's decision can make a lot of sense in the current economic climate - PR has little to offer but a bucketload of responsibilities.
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Pay me $5k for 100% success filling in PR form!

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Strong Eagle
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Re: Give up completing formality for PR

Postby Strong Eagle » Fri, 09 Sep 2016 8:52 am

PNGMK wrote:Come on leave the OP alone Dyno. I'm sure the ICA system has a built in yield factor. Dyno's decision can make a lot of sense in the current economic climate - PR has little to offer but a bucketload of responsibilities.


I understand the PR issues. I've given mine up to gain my CPF, BBCWatcher's protestations to the contrary notwithstanding.

The one great thing that PR does offer is employment freedom. Freedom to start your own business. Freedom to freelance. Freedom to hold two jobs or no jobs... at least until the REP renewal shows up. Much cheaper golf at Marina Bay!

Given the choice between an EP and PR, I'd take PR any day of the week.

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dynoto
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Re: Give up completing formality for PR

Postby dynoto » Fri, 09 Sep 2016 9:45 am

PNGMK wrote:Come on leave the OP alone Dyno. I'm sure the ICA system has a built in yield factor. Dyno's decision can make a lot of sense in the current economic climate - PR has little to offer but a bucketload of responsibilities.


Strong Eagle wrote:
PNGMK wrote:Come on leave the OP alone Dyno. I'm sure the ICA system has a built in yield factor. Dyno's decision can make a lot of sense in the current economic climate - PR has little to offer but a bucketload of responsibilities.


I understand the PR issues. I've given mine up to gain my CPF, BBCWatcher's protestations to the contrary notwithstanding.

The one great thing that PR does offer is employment freedom. Freedom to start your own business. Freedom to freelance. Freedom to hold two jobs or no jobs... at least until the REP renewal shows up. Much cheaper golf at Marina Bay!

Given the choice between an EP and PR, I'd take PR any day of the week.


I do apologize for my rather intrusive question to TS state of affairs, it appears that the cat is rather curious today.

Its the part why minsp did not withdraw his application at any point of time while the application is still pending, i couldn't think of one.

Unless his circumstances changed that he just had to / forced to withdraw his IPA ... I agree with Strong Eagle though.

minsp
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Re: Give up completing formality for PR

Postby minsp » Fri, 09 Sep 2016 6:25 pm

Thanks everyone for the kind advices. I do not want to open the reason why I decided not to proceed completion prcoess of fomalities to PR as it is a truly personal and family matter, which has not happened at the point of time I applied and until last week. Actually, I never even imagined that thing happened to me.

Let me go back to my original question. Do you think whether there's any penalty or negative impact on my next EP renewal if I give up completing process, now?

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singaporeflyer
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Re: Give up completing formality for PR

Postby singaporeflyer » Fri, 09 Sep 2016 6:28 pm

minsp wrote:Do you think whether there's any penalty or negative impact on my next EP renewal if I give up completing process, now?


No Penalty
Next EP Renewal - May or May not be affected
PR Application in Future - Will be affected


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