Coming back to SG after giving up PR

ashsayed · Post by **ashsayed** » Sat, 17 Oct 2009 11:08 pm

Hi there
three years ago i gave up my PR and took the CPF money. Now i want to set up a new business in SG on EP - will I still be able to come back to set up business in SG? Will I have to pay back my CPF if I want EP?

Any comments appreciated

ashley

guruvishwanath · Post by **guruvishwanath** » Sat, 17 Oct 2009 11:23 pm

Ouch! You are not going to have a good time getting back here. Although I am not sure, I can tell you from what I have heard! You might be asked to put back the CPF money with current interest earnings before you are allowed to come back. From my limited knowledge, I am not sure if you would be able to get an EP but certainly not a PR again.

ashsayed · Post by **ashsayed** » Sun, 18 Oct 2009 12:11 am

yes i heard that you may have to pay back cpf plus interest but nothing in writing that i have seen. if anyone knows of the rules for certain please let me know. I just want the EP not PR.

ashley

Post by **sundaymorningstaple** » Sun, 18 Oct 2009 12:52 am

You will need to replace the CPF plus interest before they would even consider you for an EP. Otherwise, everybody would work here a couple of years, collect the additional Employers contributions and then give up their PR to come back on an EP. Doesn't work that way. The government is not stupid. That's why they are currently cracking down on people getting PR because of people like you who abused the system thereby making it harder on those of us who are here for the long term.

ashsayed · Post by **ashsayed** » Sun, 18 Oct 2009 1:54 am

i was nt abusing the system - i had to go back home as i had cancer and i needed treatment in the Uk - i needed the money for my treatment for chemo. so maybe you should not judge people before getting all the facts.

ukdesigner · Post by **ukdesigner** » Sun, 18 Oct 2009 7:25 pm

I think the best thing to do is to contact MOM and ask them as as you mentioned you had a health problem they might, and it is just a might, be more understanding.

I agree with the others that they will probably ask you to replace the CPF money as I believe that that is standard procedure but worth asking them. They're very helpful.

However if you are wanting to start a new business here and are looking to hire locals they might be even more helpful. Are you looking to come back on an EP or an Entrepass? Entrepass rules have now tightened up severely and they are watching all pass holders and expecting certain criteria to be met. These are being very naiive in their standards but that's them so you'll just have to abide the rules. Also, an entrepass holder doesn't pay CPF therefore the rules might be slightly different there.

Good luck.

ashsayed · Post by **ashsayed** » Tue, 20 Oct 2009 5:25 am

Well great news - i spoke to MOM today and i can get my EP and i do NOT have to pay any of the CPF contributions. So see you in SG early next year.

ash

peterjoseph · Post by **peterjoseph** » Sat, 24 Oct 2009 4:00 pm

Hey wow congrats on that!

Saint · Post by **Saint** » Sun, 25 Oct 2009 4:34 pm

ashsayed wrote:Well great news - i spoke to MOM today and i can get my EP and i do NOT have to pay any of the CPF contributions. So see you in SG early next year.

ash

Just need to get your EP approved, and remember, they have very long memories here!

SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore

Coming back to SG after giving up PR

Coming back to SG after giving up PR

Congrats!

Who is online