Citizenship application questions (self-employed)

[SGHopeful]

Hi everyone,

I've been following this forum for quite a while and I tried googling for posts of those in a similar situation as mine but can't find much, so I decided to post my questions here. All help is greatly appreciated

I'm 35, single, Malaysian Chinese. Been here since 2005 and graduated with a bachelor's from NUS. Was a salaried worker from 2009-2019 and in mid 2019 I decided to take the plunge to start my own illustration and video production business (self-proprietorship). Just a few questions I have if anyone's applied for SC as a self-employed person:
- Do you need to provide the P&L statement or balance sheet or both?
- It says 'additional information may be requested' on top of the above. What sort of additional info would they request?
- It says the business documents must be for the latest 3 years. Since my business is only 1.5 years old, and well, I earned only slightly more than 30k annually last year, might this negatively affect my chances?
- This is just a word-of-mouth thing I heard: if you have been invited in the past by the SG Gov for a citizenship and if you don't respond, then your application for it in the future will be rejected. Is this true? I received an invitation 10 years ago but didn't respond as I was so young and green at that time.
- Through financial help from my parents I purchased acondominium in my name. Would it be wise to declare it in the application? (I heard that this may increase chances). However my concern is that with my not-so-great income it may raise eyebrows (though if asked I'll of course show the bank transfers).

Thanks a bunch once again!

[the observer]

I’ll keep it short. Career wise, a stellar one is not paramount, for Malaysian Chinese. Somewhat different set of rules apply. However, if you’ve been earning an income as a self employed, have you topped up your medisave?

https://www.cpf.gov.sg/members/schemes ... ed-matters

By declaring your business, and if you haven’t shown any CPF contributions, you are going to get into wee bit of trouble, and that itself will dampen your chances.

If you have been topping up your CPF, then I think you stand a good chance.

[SGHopeful]

I’ll keep it short. Career wise, a stellar one is not paramount, for Malaysian Chinese. Somewhat different set of rules apply. However, if you’ve been earning an income as a self employed, have you topped up your medisave?

https://www.cpf.gov.sg/members/schemes ... ed-matters

By declaring your business, and if you haven’t shown any CPF contributions, you are going to get into wee bit of trouble, and that itself will dampen your chances.

If you have been topping up your CPF, then I think you stand a good chance.

Yes I contribute to Medisave (was late by a few months in the first year because I missed out the notification letter, but the Gov didn't say anything after I cleared my balance). I hope you're right that I stand a high chance!

[the observer]

Every Malaysian Chinese seems to have a good-high chance. Anecdotally.