Still don't know if that will be possible. I've got a feeling that towards the end of the 5 years you will be invited to become PR, reverting back to an EP will not be offered.nakatago wrote:Just note that the PEP may be good for five years but it's a one-shot thing. When it expires, you either be a PR or use an EP. So, it depends on where you see yourself five years from now.
I agree with you that the minimum income required is $7k, but the reason for the decline below 7k in recent months is due to (extreme) exchange rate movements (assuming all is basic). There is a possibility that this will be taken into account in the assessment.sundaymorningstaple wrote:Just a note on the PEP, the minimum income level to apply would be SGD 7K. Nothing less. The MOM needed a "cut-off" point somewhere. It's for no other reason. So if it's less than 7K it's a no go. That's why it says a "minimum" of 7K and not "around 7K". Additionally, that income figure must be "basic" salary without overtime or commission and must have occurred no more than 6 months before the date of the application.
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