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CANCELLING MY PR

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besto
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Posts: 1
Joined: Sat, 11 Jan 2020 12:54 pm

CANCELLING MY PR

Post by besto » Sat, 11 Jan 2020 1:00 pm

Hi all,

I am very confused. because

I moved to Australia (Waiting for my visa approval, currently in temporary visa in Australia), my PR renewal is this year. I am thinking to cancel my PR or talk to CCS and pay all my loans in Singapore.
1. Can I cancel my PR and get all the money in my CPF account to pay off all the loans?
2. Can I get a partial amount of money from CPF account and pay off at least one of the loans?
3. Is it a good idea to cancel the PR? Rather should I apply for any loan consolidation plan?

Please advise me on these guys

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PNGMK
Governor
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Posts: 7564
Joined: Thu, 21 Mar 2013 9:06 pm
Location: Sinkapore

Re: CANCELLING MY PR

Post by PNGMK » Sat, 11 Jan 2020 3:52 pm

You can cancel PR anytime and withdraw some or all of your CPF.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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singaporeflyer
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Joined: Mon, 17 Aug 2009 9:49 am

Re: CANCELLING MY PR

Post by singaporeflyer » Sat, 11 Jan 2020 5:48 pm

besto wrote:
Sat, 11 Jan 2020 1:00 pm
Hi all,

I am very confused. because

I moved to Australia (Waiting for my visa approval, currently in temporary visa in Australia), my PR renewal is this year. I am thinking to cancel my PR or talk to CCS and pay all my loans in Singapore.
1. Can I cancel my PR and get all the money in my CPF account to pay off all the loans?
2. Can I get a partial amount of money from CPF account and pay off at least one of the loans?
3. Is it a good idea to cancel the PR? Rather should I apply for any loan consolidation plan?

Please advise me on these guys
1. Will you come back to SG and work here permanently and settle here?
2. Where are you from?
3. If you have got your PR via PTS and if you stay outside SG without any economic contribution to SG, you will maximum get a one year REP renewal and following that you will be forced to cancel your PR.
4. There is nothing like you can get partial amount from CPF. How old are you?

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