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Revoking PR status but still working

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shorne
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Revoking PR status but still working

Postby shorne » Thu, 05 Aug 2010 9:30 pm

Hi, this is kind of a two pronged question
The first involves the cancellation of my PR status. I will be returning to Aus soon, and so have cancelled my PR status today. I could not see any point to continue my CPF contribution. However, I still have maybe 6 weeks to go with work here but it seems to seems to be difficult to take a step backwards in process to get a PEP in order to legally continue my work here for a short period. Has anybody followed this process?

Also, I have a small amount a of credit card debt. What is the effect of me leaving Singapore before paying these debts off?

beppi
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Postby beppi » Thu, 05 Aug 2010 11:08 pm

Cancelling your PR without ensuring another kind of pass is a pretty dumb move.
If you continue to work now, that makes you an illegal worker. I do not recommend this.
You might even have to leave the country within 14 days - check your passport!

Leaving without settling your debt is morally wrong, but also makes you a criminal. Also, credit card debt can and will be collected internationally nowadays, so I do not recommend this either.

By the way, people who keep their PR status when leaving the country do NOT have to contribute any longer to CPF.
If you meant to talk about cashing out your CPF balance (a.k.a. burning bridges, because after that chances of ever living/working in Singapore again are greatly reduced): That is not automatic with PR renunciation!

Did you come at a time when the search for Foreign Talent did not yet focus on the last word?

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 05 Aug 2010 11:37 pm

Latent Talent. He ain't found it yet. :-|

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Mad Scientist
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Re: Revoking PR status but still working

Postby Mad Scientist » Fri, 06 Aug 2010 8:02 am

shorne wrote:Hi, this is kind of a two pronged question
The first involves the cancellation of my PR status. I will be returning to Aus soon, and so have cancelled my PR status today. I could not see any point to continue my CPF contribution. However, I still have maybe 6 weeks to go with work here but it seems to seems to be difficult to take a step backwards in process to get a PEP in order to legally continue my work here for a short period. Has anybody followed this process?

Also, I have a small amount a of credit card debt. What is the effect of me leaving Singapore before paying these debts off?


You can always cancel your PR right to the last day of your work. It is a very painless process . Only then you can go to CPF board to clear your CPF monies.
There is no short period PEP pass. This is the first time I heard of this.
Your small "debt" can be settled once your CPF monies is out. If you are currently working without a pass, pray hard no one report this matter to MOM. Your employer and yourself will be in deep S**T that you do not know where to run for cover. Be careful my friend on your next move
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

morenangpinay
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Postby morenangpinay » Fri, 06 Aug 2010 10:36 am

you can also speak with the credit card company what you can do to settle your debt even in installments. Just tell them you are willing to settle your debt. If you do run without paying your debt, your name I think will be blacklisted


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