New PR Renewal Ruling???

[Strong Eagle]

But you gotta admit, until the February posts, the rest was rubbish.

Me neither. And, I'm moving it back to the proper forum.

[Wd40]

Hi All,

I am a new member in the forum, SPR since 2009, and the renewal is in 2014 April.

I have been working for an MNC for last seven years, and might need to move to their head quarters in overseas by mid of this year. Me and family definitely want to settle in SG, but have a good possibility of a break for couple of years.

I have few queries on the PR renewal, appreciate the honourable members could assist.

a) With my good track record of first four + years of SPR, will I be offered to renew the REP from overseas?
b) I am willing to contribute to the CPF/any sort, is there any option for me to pay the CPF with working abroad?
c) I understand new regulation is in place for the HDB rental, does this mean to sell off my house as soon I go out of the country?

I value the life in SG, but looking at the career stability, I would need to take a better call for not to loose my job in the near future. Hoping to strengthen the profile with the European experience, and return to SG to find a stable career.

Cheers
Kumar

Check with your employer if they could keep you on Singapore payrolls and then treat it as a deputation and pay you the cost of accomodation, food etc on per diem basis. That way you can continue to pay CPF and technically still employed in Singapore.

You dont have to sell off your HDB. The rule is you cannot rent out the whole flat. You can still rent out rooms. Infact you can rent out every single room. Better talk to HDB asking them how this works and do it with full approval.

[zzm9980]

You dont have to sell off your HDB. The rule is you cannot rent out the whole flat. You can still rent out rooms. Infact you can rent out every single room. Better talk to HDB asking them how this works and do it with full approval.

I'm skeptical on the legality of this. (Whether people do it or not, doesn't matter). I'd talk to HDB and be 110% sure of the legality if you go down this route.

[sijukumar]

Thanks all your responses.

I will not be able to get any letter from my employer for the fixed duration. Also my complete salary will be from the new location, though work for the same company.

As reading few old posting, I have a good chance of getting an extension of REP at least for one year. Is it wise to engage with ICA before I proceeding?

Yes, I would prefer to have a dialogue with HDB regarding subletting, as my understanding is the owner should stay along with the tenant to eligible for subletting. My MOP is completing on this November, and I guess the subletting option is valid after this.

Do any of the members / friends experience the same situation, please share the experience.

Thanks
Kumar

[Wd40]

Thanks all your responses.

I will not be able to get any letter from my employer for the fixed duration. Also my complete salary will be from the new location, though work for the same company.

As reading few old posting, I have a good chance of getting an extension of REP at least for one year. Is it wise to engage with ICA before I proceeding?

Yes, I would prefer to have a dialogue with HDB regarding subletting, as my understanding is the owner should stay along with the tenant to eligible for subletting. My MOP is completing on this November, and I guess the subletting option is valid after this.

Do any of the members / friends experience the same situation, please share the experience.

Thanks
Kumar

MOP is not applicable for subletting rooms. You can do it right away

[therat]

Yes, I would prefer to have a dialogue with HDB regarding subletting, as my understanding is the owner should stay along with the tenant to eligible for subletting. My MOP is completing on this November, and I guess the subletting option is valid after this.

PR are not allow to sublet HDB.
New rule effective 12 Jan 2013

http://www.hdb.gov.sg/fi10/fi10323p.nsf ... enDocument
Guidelines for Renting Out the Whole Flat
Eligibility Conditions: Flat Owners

Citizenship
Flat owners who wish to sublet their flat must be a Singapore Citizen (SC). Singapore Permanent Resident (SPR) flat owners are not allowed to sublet their flat.


As you are not staying at the HDB, you cannot subletting room too.
Subletting room is only and provided the owner is staying at the HDB.

If you insist to sublet without HDB approval. Be prepare for imposition of a penalty and repossession of flats.

[therat]

MOP is not applicable for subletting rooms. You can do it right away

As the HDB owner is not staying, the above statement is incorrect.
You are teaching him to do illegal subletting.