Iam R2I'ing only for my parents sake who are old and alone. I have been working overseas for 5 years in Singapore and US. I roughly know the process of cancelling the Singapore PR.
I got a job in India and I have asked them to deposit money in Singpaore and contribute to my CPF but I will be working in India. They have agreed to it.
But I want to know if this is the correct approach to hold on to my PR or is it better for me to cancel and get rid of the PR status. I see PR as an assert and I dont wish to cancel it and kind of using my brain to avoid cancelling it.
I would like to know if anyone from Singapore did something similar, please clarify my query or am I in the wrong track. Please HELP.
thanks..
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Should I Cancel Singapore PR or is there a way to Hold on to
- sundaymorningstaple
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First of all, is the company registered in Singapore? If not, then they will not be able to contribute to CPF nor Income Taxes to IRAS. You will not be able to hold on to your PR. Unless you are seconded on temporary assignment from a Singapore registered company, you are out of luck, I'm afraid.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
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