I would really appreciate your advice - Citizenship

[Paradiso3]

Hello experts,

For family planning purposes, I am trying to get a realistic assessment of the likelihood of attaining citizenship. I'll state the facts below - may I ask for your honest opinion?
Whilst I do think there are some strong spots (high income, education, career progression), I am mindful that there are challenges ('Other' ethnicity in particular, not young). Thank you so much.

* Ethnicity: Korean
* Annual income: $1.5m
* Education: Harvard
* Career: Currently a Principal at a world-leading fund, Board of Director at 4 companies across Asia
* Age: 48
* Family: wife, 14year old son, college age daughter
* Status: PR
* Duration of stay in SG: Total 3 years. (First arrived in early 2018, family all applied for PR in '19 and was approved last month)

Our intention is to apply for citizenship after 2 years. It is particularly important for my son, as being a Korean national and a Singapore PR means that he has NS obligations in 2 countries. Whilst I am genuinely supportive of doing one's duty (I served 3 years), it would be heartbreaking if he had to lose 4~5 years in total because of this dual obligation.

Would you be kind enough and share your honest view on the likelihood of attaining citizenship? Thank you very much.

[the observer]

Anecdotally, it would be more than a year at best to get a result on your application.

My Malaysian Chinese colleagues took about 13-14 months before a positive result came out, and another 3 months for formalities.

My Indonesian Chinese colleague took about 15 months for a positive reply and another 3 months for formalities.

My Indian national colleague took about 18 months for a positive reply and another 3 for formalities.

Being of Korean descent, you would be looking at a slightly longer time frame. So a fair estimation would be 24 months for a result + formalities, if it’s positive.

So if you wait 2 years to apply, he would be around 18 years by the time he gets the pink ic. Assuming it’s a positive result.

As for your chances, it’s under the Others category. It’s about 1-2% of the available quotas, under present scenarios. Being a decent wage earner, it’s hard to quantify your chances because it’s not common.

Fwiw, i’ve seen a few Caucasian CEOs in banks being granted citizenship in recent years. They all earn north of a few mio bucks a year.

[Paradiso3]

Thank you so much. Very much appreciate the response.

Anyone else that can help shed some more light? Thank you.

[PNGMK]

It would be worth finding a copy of the latest Singapore Statistics Population report.

In general you are not too old for SC. The curve pushes out for SC approval.

Your ethnicity will be an issue of course.

I understand the concerns about your son losing too much time.