Should be OK if you apply after 1-1.5 years of her stay in SGgagahoof wrote: ↑Wed, 16 Jun 2021 11:15 amHello everyone, just wanted to seek your thoughts on our profiles for our 1st PR application.
Me:
Age: 32
Singaporean Citizen, Malay
Education:
- MBA (University of Manchester)
- BA (University of Minnesota)
Occupation: Project Manager (Video Gaming Company)
Salary: ~90K
Total years of work experience: ~7 years
Wife:
Age: 29
Race + Nationality: Chinese, Thai national
Education:
- MBA (University of Manchester)
- BA (Chulalongkorn University)
Occupation: Senior Associate (with a SG Ecommerce Scale-Up)
Salary: ~90K
Pass Type: LTVP with PLOC (Started in Mar 2021)
Living/working in Singapore: Recently moved to Singapore in Feb 2021, started working from May 2021.
Total years of work experience: ~6 years
Additional Info:
We got married in Sep 2020 in the UK, before deciding to relocate back to Singapore for good. Besides our full time job, my wife and I are also part of a Community Centre-led home baked business selling food to residents within our neighbourhood. We are applying for PR for my wife as we want to be based here and start a family in Singapore. This will be our first PR application.
Wanted to seek the group's thoughts on our profile![]()
What do you work as?Gyuunyuu wrote: ↑Sun, 05 Sep 2021 4:21 pmHi, curious to see if anyone has any guesses on my PR chances.
I’ve been here since Feb 2016. Applied for PR twice (rejected in May most recently). Debating trying one more time, perhaps in February for my 6 year anniversary.
Profile
US citizen
Female
33 years old
Caucasian
BA holder, 10 years working experience, soon to be 6 years in Singapore.
Not married, no kids
Salary about 220k (155 base)
Tax assessments- 5 or 6
I also purchased a condo here.
I wonder how buying a condo as a foreigner can be profitable eventually. The stamp duty is huge (18 or 20% as far as I remember). So it would take decades and get back the money by renting out. If we talk about reselling, the price must increase around 1.5 or 2 times (condo cost + stamp duty of 20% = 1.2 condo cost paid, plus renovation, property tax, management fees, other possible expenses).sundaymorningstaple wrote: ↑Mon, 06 Sep 2021 4:02 pmSadly, the condo won't help at all. All that does is show self enrichment as they know you will turn it for a tidy profit
ABSD is the problem. The first A = additional. These are part of the cooling measures to keep property prices from spiraling out of control and making an already expensive city unlivable.PartyLike-A-Russian wrote: ↑Mon, 06 Sep 2021 9:13 pmI wonder how buying a condo as a foreigner can be profitable eventually. The stamp duty is huge (18 or 20% as far as I remember). So it would take decades and get back the money by renting out. If we talk about reselling, the price must increase around 1.5 or 2 times (condo cost + stamp duty of 20% = 1.2 condo cost paid, plus renovation, property tax, management fees, other possible expenses).sundaymorningstaple wrote: ↑Mon, 06 Sep 2021 4:02 pmSadly, the condo won't help at all. All that does is show self enrichment as they know you will turn it for a tidy profit
Found https://www.iras.gov.sg/irashome/Other- ... ts--FTAs-/malcontent wrote: ↑Mon, 06 Sep 2021 11:57 pmNeither do a few lucky nationalities that are exempt (thanks to free trade agreements).
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