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How to retain your PR?

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blessedone
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Postby blessedone » Thu, 21 Jun 2012 12:41 am

Thank you, I understand this even better now.

i have a cpf related question - does this money get returned then minus the employers contribution?

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Mad Scientist
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Postby Mad Scientist » Thu, 21 Jun 2012 1:56 am

blessedone wrote:Thank you, I understand this even better now.

i have a cpf related question - does this money get returned then minus the employers contribution?


If your posting is thru SG employer, you/your employer need to inform ICA and IRAS with a company letter head reason for overseas stint and your intention to return at some stage of your life back to SG, this will cover your base as it has been done before with the the blessing or ICA and IRAS
This will cover the issue of tax related matter and REP renewal.
Your PR does not expire but REP does
The CPF does need to be taken out if your only going overseas for a period of time. Let the CPF money leave where it is and secured by the gahmen.
If your intention is to take out the money then this can be seen as you are scooting and it the tough gets going your intention to run back to SG for cover. This will not augurs well with ICA and your REP will not be renewed and if they approve it , you have to return every dime with interest back to your own coffer before ICA approve your REP.
The CPF money you get will be yours plus employer
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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JR8
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Postby JR8 » Thu, 21 Jun 2012 2:37 am

sundaymorningstaple wrote:You need to be back with enough time left on your REP to work here for the last three years of the REP. Without the Tax returns & letter from the Singapore employer, you're dead meat, PR wise. Good Luck.


Just thinking.
Does this mean that theoretically you get to have a maximum 2 years away, on a freshly minted/reminted 5 year REP?

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 21 Jun 2012 6:47 am

In normal times I would assume so, but then whether the Gahmen use the ruling in the spirit of the rules or not I don't know. I'm sure they look at a number of other factors as well. I don't think the rules are hard & fast either (with MOM & ICA they ALWAYS leave themselves plenty of room for interpretation) Actually it doesn't say that, but what it does say means virtually the same. They must provide the last three years tax returns and a current letter from the employer stating they are still employed. Doesn't take too much inference to figure out what they are targeting.

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JR8
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Postby JR8 » Thu, 21 Jun 2012 6:50 am

sundaymorningstaple wrote:Doesn't take too much inference to figure out what they are targeting.


What you mean Indians who get PR and then clear off elsewhere?

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Vaucluse
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Postby Vaucluse » Thu, 21 Jun 2012 10:28 am

JR8 wrote:
sundaymorningstaple wrote:Doesn't take too much inference to figure out what they are targeting.


What you mean Indians who get PR and then clear off elsewhere?
Curs

I think it is fair to cancel PR status if the holder doesn't live in the issuing country.

We'd have liked to have kept ours as an 'escape-clause' but have no qualms about it having expired, it just makes sense
......................................................

'nuff said Image

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Postby nakatago » Thu, 21 Jun 2012 10:33 am

JR8 wrote:
sundaymorningstaple wrote:Doesn't take too much inference to figure out what they are targeting.


What you mean Indians who get PR and then clear off elsewhere?


Just google for expat forums for other countries and note the nationalities of people posting about how to apply for visas.

:twisted:

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Vaucluse
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Postby Vaucluse » Fri, 22 Jun 2012 10:24 am

nakatago wrote:
JR8 wrote:
sundaymorningstaple wrote:Doesn't take too much inference to figure out what they are targeting.


What you mean Indians who get PR and then clear off elsewhere?


Just google for expat forums for other countries and note the nationalities of people posting about how to apply for visas.

:twisted:


Luckily Filipinos aren't lining up in droves to leave their country! :)
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nakatago
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Postby nakatago » Fri, 22 Jun 2012 10:53 am

Vaucluse wrote:
nakatago wrote:
JR8 wrote:
sundaymorningstaple wrote:Doesn't take too much inference to figure out what they are targeting.


What you mean Indians who get PR and then clear off elsewhere?


Just google for expat forums for other countries and note the nationalities of people posting about how to apply for visas.

:twisted:


Luckily Filipinos aren't lining up in droves to leave their country! :)


:roll: Go on. Just try it.


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