Milking the economy? That was harsh words. I am paying taxes and contributing to the economy otherwise. Why do you think anyone works or sets up a business here? For charity reasons? Anyway, I don't need to be in Singapore to do what I do. In that sense, Singapore is milking me as well and I would think that is a happy symbiotic relationshipsundaymorningstaple wrote:How long is a piece of string?
My question would be if you have been earning that kind of bread in the last three years, and you've been here 9 years on a EP/Entrepass, why haven't you bought property here? Sank some roots, or at least in appearances anyway? It would appear, from my POV, that you are milking the economy and investing elsewhere. Does your company hire any locals? What kind of ratio locals to foreigners. Is it manufacturing based or are you a consultant/one man operation who is now worried about the new entrepass requirements and the fact that old pass will soon be required to also fall in line?
The ICA are probably asking the same questions.......
You are correct. I am an independent consultant, but I have hired people from time to time when necessary. I definately disagree with you when you say that I don't contribute to the economy. Employment is not the only channel of contribution to an economy. In North-Korea, they are all employed, but that does not do anything for their economysundaymorningstaple wrote:My words were not meant to be harsh, just factual. I'm giving it to you the way they look at it. If you think otherwise, just look at the requirements for an entrepass today as compared to when you got it. Then, maybe you'll get my drift. I don't say I agree with them, but you are asking for thoughts. My thoughts, are based on being a HR & Finance Manger of a 200 man SME here and the changes I have seen in the gahmen's thought processes during the past 1.5 years regarding EP's, Entrepass's and PR's. If you've been here 9 years, obviously you read the papers as well. It does sound like you are an independent consultant though, and that's probably why it's taking so long. Their definition of contributing to the economy is "employing" Singaporeans. Not you making money and stashing it overseas on in the bank. You think you are contributing to the economy? You are just contributing to the government coffers (tax dollars). Doesn't do anything for the economy at all. Employment of others will.
Sorry if you took my response as harsh.
Makan_explorer wrote:I definately disagree with you when you say that I don't contribute to the economy. Employment is not the only channel of contribution to an economy. In North-Korea, they are all employed, but that does not do anything for their economyI won't start a discussion on economics. That was not the purpose.
You aren't disagreeing with me, you are disagreeing with the gubmint. I didn't say it was my opinion.
Yes, the entrepass requirements are different now than before. I will have no problems complying with the new requirements if imposed on my business. I am planning to expand anyway and would thus comply.
By the way, I was employed for two years prior to getting my employment pass, so I have contributed for 11 years. Thats how I see it and hopefully thats the way they see it. Time will tell. I will notify you of my result
Mostly based on what u said you would likely get your pr. Just wait for some time.good luck !Makan_explorer wrote:SMS, good observation. It was totally legal though. I was attached to a diplomatic mission in Singapore for two years with a diplomatic pass and a 2-year visa. I was working at the trade and commercial division. It is a visa issued by MFA and not ICA or MOM.
I fell in love with Singapore long before that. It was love at first sight when I visited in 1990 as an 18-year old. Hopefully Singapore loves me too
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