Singapore Permanent Residents will have the flexibility to seek better job opportunity without the hassle of applying for any relevant work pass with the company or Ministry of Manpower (MOM). Salary and staff benefits will also be more attractive for Singapore Permanent Residents compared to non Singapore Permanent Resident foreigners. Singapore Permanent Residents can also stay in Singapore for an indefinite amount of time as long as their PR status is valid.

Singapore Permanent Residents can apply and given higher priority to secure various loans at more attractive interest rates and higher loan amount. They will also be eligible to apply for housing loans to purchase property.

Singapore Permanent Residents will be entitled to additional CPF contributions by the employer/company when they work in Singapore. Their age will determine the amount of percentage for the CPF contributions to be made by their employer/company. CPF funds will enjoy interest growth and be allocated into relevant accounts (Ordinary Account, Special Account, MediSave Account and Retirement Account) accordingly to help with the individual’s or individual’s family healthcare, home ownership, family protection, asset management and retirement plans.

Singapore Permanent Residents can enter or exit Singapore freely as long as they are holding a valid Re-Entry Permit (REP). However, they must comply with the Singapore immigration authority regarding REP if they wish or need to leave Singapore(irregardless of any length of time or any reasons). The REP has to be renewed every 5 years and it will be subjected to how long the Singapore Permanent Resident stayed in Singapore physically and any relevant economic or social activities done in Singapore during this period.