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National Service Deferment Procedure in Singapore.

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Chewbacca
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Re: National Service Deferment Procedure in Singapore.

Postby Chewbacca » Tue, 08 Mar 2016 12:39 pm

Thanks for your prompt and informative replies. It's interesting the mention about "having benefited" from Singapore citizen privileges, that appears to be a key point ;)

Going the other way now, I'd like to seek your opinion on the option of a complete exit strategy. Please correct where I have this wrong:
- sell HDB, as per normal, funds will first goto CPF where applicable and you also get the cash portion
- which then brings about the issue of taking out your CPF
- if SG citizen exiting completely, I assume in most cases you can get 100% out? or are there conditions?

What happens if the other parent is M'sian on SgPR?
- if SgPR is tied to spouse by marriage I assume this PR right would be revoked?
- if revoked, can get CPF out 100% or does the M'sian rule still apply?
- what's the "treatment" if M'sian spouse were to re-apply for economic PR in future? would Gov likely to "play punk" from historical cases?

And on other minor issues, the case of bank accounts, what happens to them upon exit, can both parents hang on to their accounts? I assume yes but probably not for credit cards?

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x9200
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Re: National Service Deferment Procedure in Singapore.

Postby x9200 » Tue, 08 Mar 2016 12:54 pm

therat wrote:A real case

http://www.todayonline.com/singapore/ns ... onths-jail

Man jailed 1.5 months for evading NS for six years

He come back for NS after university studies.


I found this part interesting:

The custodial threshold will generally be crossed when an overseas defaulter who has a “substantial connection” to Singapore remains overseas without a VEP for more than two years, he said.

In Chow’s case, he left Singapore after years of education, but his family resides here and he intended to do the same.

“He therefore has and will reap the benefits of Singapore citizenship and has, by delaying his NS obligations, violated the principles of equity and universality and undermined the fair share argument,” said Justice Chan.


Immediate question: what if no benefits and no connections? I thought they were pretty inflexible in cases of the defaulters regardless the benefits and the connections.

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Mad Scientist
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Re: National Service Deferment Procedure in Singapore.

Postby Mad Scientist » Tue, 08 Mar 2016 1:20 pm

Chewbacca wrote:Thanks for your prompt and informative replies. It's interesting the mention about "having benefited" from Singapore citizen privileges, that appears to be a key point ;)

Yes, once child pass 13 years of age and applied for IC is considered as having benefit from socio-economic point

Going the other way now, I'd like to seek your opinion on the option of a complete exit strategy. Please correct where I have this wrong:
- sell HDB, as per normal, funds will first goto CPF where applicable and you also get the cash portion
Once you sell the house , all monies will go to CPF minus what is owed to HDB etc unless there is a cash portion outside the transaction. That part you have to talk to your agent in its intricacies. . it will stay there until you apply for renunciation. Once you have been approved, only then you can apply to release the fund to you once they have authenticate that you are the person concern.
Remember ICA has no involvement with CPF. So go to ICA for renounciation then CPF for your money

- which then brings about the issue of taking out your CPF
As per above

- if SG citizen exiting completely, I assume in most cases you can get 100% out? or are there conditions?
Yes,unless you have monies owed to Gahmen such as fines, duties etc and god know what. That is why it takes 6 weeks once you submit your renounciation docs to ICA
What happens if the other parent is M'sian on SgPR?
If SPR is under family ties, spouse will lose PR once the other half renunciation is approved hence PR needs to be return if not spouse applies by oneself then spouse gets to keep it. This guideline might change under family ties hence I suggest seek ICA clarification

- if SgPR is tied to spouse by marriage I assume this PR right would be revoked?
Yes as per above
- if revoked, can get CPF out 100% or does the M'sian rule still apply?
Not sure on this
- what's the "treatment" if M'sian spouse were to re-apply for economic PR in future? would Gov likely to "play punk" from historical cases?

God knows, they have the ball and the paddock to themselves

And on other minor issues, the case of bank accounts, what happens to them upon exit, can both parents hang on to their accounts? I assume yes but probably not for credit cards?
Nothing changes , you can still keep bank account , CC etc. ICA has no direct control on the management of your money. Keep your POSB account upon CPF verifies you and approves the release of your money, you get to choose to transfer to your foreign bank account or local. I choose the latter as it is easier and you can always return as a tourist and withdraw cash from local bank. No fuss. If overseas transfer will involve commission fees and proof of funds and with the terror threat things going on, your fund may subject to further scrutiny
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Chewbacca
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Re: National Service Deferment Procedure in Singapore.

Postby Chewbacca » Fri, 11 Mar 2016 2:00 pm

Brilliantly replied. Understood all of that perfectly. Thank you very much.

Next area of concern looks further into the future after all is done and dusted:
- what if the parents (now classified as "foreigners") want to re-invest their CPF, which is assumed to have been released, into buying say... private property. Can or cannot? Any complications? And any "catchas" to watch out?

- Also I heard something about foreigners buying HDB properties???

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Mad Scientist
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Re: National Service Deferment Procedure in Singapore.

Postby Mad Scientist » Fri, 11 Mar 2016 4:09 pm

Mad Scientist wrote:
Chewbacca wrote:Brilliantly replied. Understood all of that perfectly. Thank you very much.

Next area of concern looks further into the future after all is done and dusted:
- what if the parents (now classified as "foreigners") want to re-invest their CPF, which is assumed to have been released, into buying say... private property. Can or cannot? Any complications? And any "catchas" to watch out?

- Also I heard something about foreigners buying HDB properties???


I do not know on this part. My understanding from years ago living in Singapore it only caters for those properties that is private and only foreigners that are allowed to purchase. HDB never heard that before. Sorry I cannot help you
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Re: National Service Deferment Procedure in Singapore.

Postby Mad Scientist » Sun, 20 Mar 2016 5:01 pm

Hey BBCW go and talk about your money thingey somewhere else. This thread is NS stuff. I am so bored with your blah blah blah and it is not the right place.
So what OP wants already being replied by me. Stop smoking that juice please!!!
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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ecureilx
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Re: National Service Deferment Procedure in Singapore.

Postby ecureilx » Mon, 21 Mar 2016 9:08 am

Mad Scientist wrote:
Chewbacca wrote:- Also I heard something about foreigners buying HDB properties???

I do not know on this part. My understanding from years ago living in Singapore it only caters for those properties that is private and only foreigners that are allowed to purchase. HDB never heard that before. Sorry I cannot help you


When HK merged with China, there was a silly rumour going around that Singapore built HDB apartments so the HK refugees can be accommodated there, and in the process, a lot of money can be made. And in reality, when Chris Patten gave his speech and the Union Jack was lowered for the last time, not many Hong Kongers took the last flight out of Ibiza.

And those who could afford, went to better places.

And as usual, after a couple of stiff Martel, the natives will still go 'HDB and Mr Yew bet heavily on selling to the HK folks and lost .. ' And you can only shake your head and pretend to agree.

And I too never heard of HDB being sold to foreigners.

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Re: National Service Deferment Procedure in Singapore.

Postby Pal » Sat, 07 Oct 2017 10:29 pm

Just restored this thead
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