singaporeflyer wrote: ↑Tue, 26 Jan 2021 11:53 am
the observer wrote: ↑Tue, 26 Jan 2021 11:49 am
singaporeflyer wrote: ↑Tue, 26 Jan 2021 10:17 am
1. No
2. Not really
3. If ICA was to publish that info, all will try to do it to get PR?
Point 2 is a possibility. Could be interpreted as commitment.
One can sell off the
condo anytime and leave. So, Condo or cash in account may not be treated as commitment.
First and foremost criteria is definitely the ethnicity and career.
Being Chinese, he should have it easier than most.
Only when it comes to stiff competition, integration and commitment comes into play.
Re real estate, it’s not quite a pack and leave situation, not when absd is at 20pct. Takes a whole lot of “commitment” to make that purchase.
As for cash accounts and stock market investments, I concur with you. The transaction costs are negligible, and hence the value to getting PR should also be similar, negligible.