4th PR application

[sundaymorningstaple]

You might be correct and I hope you are, but for the next year, plus (maybe two years) I think you will find immigration to anywhere difficult if you are not already there on some sort of work pass. Covid has more or less put paid to that. Sure there are some, but only those in an industry that has a dire shortage of qualified personnel. Getting those people to stay fits perfectly into the crosshairs of the MOM in keeping qualified persons here for the time being but gives them an out at a point a little further down the road. Like I said, I hope I'm wrong, but playing with MOM & ICA for 25 years makes me somewhat jaded.

[smoulder]

Actually I don't think that will happen. MOM is pulling a slick one that is going to bite a lot of them in the arse. MOM is giving out PEPs left & right, unlike the old days where is was a rarity to see someone posting successfully obtaining the PEP. Back then it was for 5 years but also key was the fact that like now, it is NOT renewable. It's a one time issue only. MOM, I think, sees the value of this as cancelling higher level salaried EP holders would cause a big problem here under the current pandemic. This way, these EP holders switch from EP to PEP, gaining another year (36 months instead of 24) of a safety net (even if their job folds, they still have the safety net as long as they can find another within 6 months paying the going rate required. Once that has been unsuccessful, boom, they have to leave SG. There is nothing in MOM that says that their employer has to be allowed to switch them back to an EP once the PEP expires. So, again, boom. The employee has set themselves up for the firing line through their own devices. I think it's a splendid idea. Best part is MOM doesn't need to explain anything. The granting of an EP has never been a given in the first place.

Sorry about the length but I've been thinking about this since the PEP duration was changed from 5 to 3 years.

Actually, I don't think the PEP category people(salary > 12k) really need a safety net here. These people are typically skilled enough that they can easily migrate to Australia, UK or even the US.

The people who are desperate are those earning under 6k. These people haven't even saved enough money and spent most of their income on rents and haven't built a safety net.

People like me are the in between, annual salary of 100-120k after bonus and have been smart enough setting aside 50k each year and compounding it in the decade long stint we have been here and making full use of the low income tax and zero capital gains tax. 1m SGD, is a decent safety net to take it back to India and retire.

So although I don't have the skills like the PEP holders to migrate anywhere, I made up for the gap by saving hard.

Sent from my Redmi 10X using Tapatalk

I have friends who are in this group that you are referring to. I might include myself as well. The options exist but I would not describe it as a safety net. What you have (reading your other posts) in terms of being in a position to move back to India with a big chunk of savings is a safety net. The options in terms of migrating to the other countries and landing jobs as seamlessly as you imply - that's not really a safety net in my opinion.

PS. In my own case, I am now a PR, so luckily I don't have to worry about this anymore. But I know what it's like since I've been there prior to my PR approval.

[Wd40]

I was just curious about job openings in the United Kingdom and did a search for a generic term like "SQL". Quite optimistic looking at the job openings.

Here is one that closely fits my job description:
https://www.linkedin.com/jobs/search/?c ... %20Kingdom

The below line is quite nice to see. I am pretty sure, it would be easier to find a job and visa in London rather than in Singapore at this point. Both countries have taken divergent paths when it comes to foreign talent.

This role will be remote until we open our London office again.
We can help you relocate to London & we can sponsor visas.
We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.
Diversity and inclusion is a priority for us – if we want to solve problems for people around the world, our team has to represent our customers. So we need to attract the best talent and create an environment that supports and includes them. You can read more about diversity and inclusion on our blog.
If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance.
The application process consists of a 30-min phone call with a recruiter, an initial call with someone from the team, followed by a practical written exercise and 2-3 on-site interviews remotely via hangouts. We promise not to ask you any brain teasers or trick questions.

[Wd40]

I have friends who are in this group that you are referring to. I might include myself as well. The options exist but I would not describe it as a safety net. What you have (reading your other posts) in terms of being in a position to move back to India with a big chunk of savings is a safety net. The options in terms of migrating to the other countries and landing jobs as seamlessly as you imply - that's not really a safety net in my opinion.

PS. In my own case, I am now a PR, so luckily I don't have to worry about this anymore. But I know what it's like since I've been there prior to my PR approval.

Well, I know so many people who had PR, but left Singapore, the moment their job was looking dicey and they found better opportunities outside.

If you were to choose between:
1) Being a high skilled person
2) Having a PR

You are better off being a high skilled person in Singapore without a PR rather than the other way around. The PR doesnt help you much in terms of job security. You lose you job and have a gap, good luck trying to find an equivalent one with similar or higher salary.

[smoulder]

I have friends who are in this group that you are referring to. I might include myself as well. The options exist but I would not describe it as a safety net. What you have (reading your other posts) in terms of being in a position to move back to India with a big chunk of savings is a safety net. The options in terms of migrating to the other countries and landing jobs as seamlessly as you imply - that's not really a safety net in my opinion.

PS. In my own case, I am now a PR, so luckily I don't have to worry about this anymore. But I know what it's like since I've been there prior to my PR approval.

Well, I know so many people who had PR, but left Singapore, the moment their job was looking dicey and they found better opportunities outside.

If you were to choose between:
1) Being a high skilled person
2) Having a PR

You are better off being a high skilled person in Singapore without a PR rather than the other way around. The PR doesnt help you much in terms of job security. You lose you job and have a gap, good luck trying to find an equivalent one with similar or higher salary.

The PR helps you gain access to more jobs in the current scenario. If you have a PR and are qualified, you have a better chance to land another job right here as compared to trying to shift to another country.

You see, while those other countries do have a fair number of openings, employers themselves are not necessarily that open to consider someone who's not in country already. It's that way in Singapore as well, not too different in many other countries. This is based on my own personal experience while speaking with recruiters. The bulk of the companies that will hire you from overseas tend to be the large MNCs. Not so much, the smaller companies with a more localized presence. That already reduces your options.

[the observer]

Plan B for those of you feeling unwelcomed.
400k PR slots to be given a year, from now till 2023.

https://www.bloomberg.com/news/article ... t-recovery

[DreamDream]

Plan B for those of you feeling unwelcomed.
400k PR slots to be given a year, from now till 2023.

https://www.bloomberg.com/news/article ... t-recovery

Plan A - Australia
Plan C - Canada
and the list goes on ...

[simple_guy]

Plan B for those of you feeling unwelcomed.
400k PR slots to be given a year, from now till 2023.

https://www.bloomberg.com/news/article ... t-recovery

Plan A - Australia
Plan C - Canada
and the list goes on ...

Depends on individuals, for some Either Singapore or Home Country

[DreamDream]

Plan B for those of you feeling unwelcomed.
400k PR slots to be given a year, from now till 2023.

https://www.bloomberg.com/news/article ... t-recovery

Plan A - Australia
Plan C - Canada
and the list goes on ...

Depends on individuals, for some Either Singapore or Home Country

Yup. Also always other side of the fence is green.