June 2020

Many among the expat community apply to become Singapore PRs each year. This is because of the benefits such as fewer work restrictions and less issues with work permits. Yet, much less discussed is the secondary benefits that your family enjoys as well from you becoming a PR in Singapore.

In this article, we will be discussing how you stand to gain more flexibility in terms of housing for your family as well as education support for your children.

Real Estate Acquisition Options

HDB flats are synonymous with Singapore, being the sort of housing which most of citizens live in. As a non-citizen, you will not be permitted to acquire a HDB apartment because it falls under public housing.

Nonetheless, as a Singapore PR, you will be able to acquire a resale HDB apartment from an existing property owner. This is done through the Public Scheme or Non-Citizen Spouse scheme, with the only need being that you have to have obtained PR status at least 3 years prior to the acquisition.

It ought to be noted thought that Singapore PRs are not eligible to obtain a Build-To-Order (BTO) flat directly from the Housing and Development Board (HDB). The only exception being that if you are involved or married to a Singaporean citizen. In which instance, you will be able to obtain a BTO flat via the Public Scheme or Non-Citizen Spouse scheme.

Public School Priority

For starters, Singapore PRs' children get priority over other foreigners when signing up into public schools. School openings are normally given initially to citizens, then to PRs and finally to non-residents. Furthermore, unlike PRs or citizens, non-residents will not have the ability to ask for their kid to be registered into any particular school.

Given that Singapore's public schools are regularly rated as one of the leading if not best on the planet, there is significant incentive to assisting your child to get enrolled here. It is likewise worth noting that in spite of their high requirements of education, the government's aids have made them extensively accessible.

In contrast, if you are unable to acquire a place in public schools for your kid, then you would have to resort to international private schools. While the requirements in these schools are definitely still reliable, they bill much higher annual tuition fees. How large is the distinction? Independent schools have yearly tuition fees that range from $10,000 to $37,000, easily thousands more than that of public schools.

Learning More About the Benefits of Attaining Singapore PR

Are you interested in learning more about the benefits and advantages that Singapore PRs enjoy? If so, consider speaking to an apply Singapore PR consulting firm before you make your application.