Attaining Singapore Permanent Residency (PR) is a life-changing milestone. Singapore’s economic stability, world-class infrastructure, and high quality of life offer significant advantages, particularly for those from neighboring countries where opportunities may be more limited.
1. Better Job Opportunities and Higher Salaries
- Singapore’s strong economy provides access to better-paying jobs compared to neighboring countries like Indonesia and the Philippines.
- PRs enjoy greater job security and can apply for a wider range of positions that may not be available to foreigners on work passes.
- Unlike Employment Pass (EP) or S Pass holders, PRs are not tied to a single employer and can switch jobs without requiring a new work pass.
2. Access to CPF and Social Security Benefits
- PRs contribute to the Central Provident Fund (CPF), a mandatory savings scheme that helps with retirement, housing, and healthcare.
- CPF contributions allow PRs to purchase property, invest, and plan for long-term financial stability.
- In contrast, foreign workers on work permits or S Passes do not receive CPF benefits, making long-term financial planning more challenging.
3. Affordable and Quality Healthcare
- Singapore offers world-class healthcare that is more affordable for PRs compared to foreigners.
- PRs have access to government subsidies at public hospitals and clinics, significantly reducing medical costs.
- In contrast, many Indonesians and Filipinos rely on out-of-pocket expenses for medical care in their home countries, where high-quality healthcare may not always be accessible.
4. Education Opportunities for Families
- PRs’ children have priority access to Singapore’s public schools as compared to other foreigners, which offer high-quality education at subsidized rates.
- Singapore’s world-class education system provides better career prospects for children, compared to public education in Indonesia and the Philippines, which may lack resources.
- PR status makes it easier for children to qualify for government scholarships and financial aid.
5. Pathway to Singapore Citizenship
- PR status provides a clear pathway to Singapore citizenship, which comes with even greater benefits such as voting rights and access to full government subsidies.
- Many PRs from Indonesia and the Philippines eventually apply for citizenship to secure their long-term future in Singapore.
6. Ability to Buy Property in Singapore
- Unlike foreigners, PRs can purchase resale HDB flats, which are significantly more affordable than private condominiums.
- Property ownership in Singapore provides a stable investment compared to real estate markets in Indonesia and the Philippines, which can be more volatile.
7. Stability and Quality of Life
- Singapore offers a safe and stable environment with low crime rates, efficient public transport, and high living standards.
- Compared to Jakarta or Manila, Singapore’s clean streets, modern infrastructure, and efficient governance make daily life more convenient and enjoyable.
- The city’s multicultural society allows Indonesians and Filipinos to integrate easily while maintaining their cultural identity.
Final Thoughts
For individuals from Indonesia and the Philippines, attaining Singapore PR status is more than just a legal status—it is an opportunity for economic stability, career growth, better healthcare, and a higher quality of life. While the application process is competitive, the long-term benefits make it a highly desirable goal for many looking to secure a brighter future for themselves and their families.