Singapore PR - The Best Gift for Aging Parents!
- Xiao En
- May 25, 2023
- 2 min read
Updated: Jul 26, 2023
Singapore is widely recognized as an excellent place to live, offering numerous advantages for those who become permanent residents. One can enjoy guaranteed public safety, as Singapore ranks among the safest countries globally. The healthcare system is top-notch, and as a permanent resident, access to subsidized healthcare services, including Medisave and Medishield Life, is possible.
Let's summarize the advantages:
Public Safety and Security:
Singapore is renowned for its safety and ranks high in global peace indexes, making it a secure place to live.
Subsidized Healthcare:
The healthcare system in Singapore is top-notch, and permanent residents can access subsidies and programs, such as Medisave and Medishield Life, to afford high-quality medical care.
Central Provident Plan (CPF):
As permanent residents, individuals can enroll in CPF, a pension fund that offers various plans for healthcare, housing, and long-term asset growth to support financial well-being during retirement.
Opportunity for Lifelong Learning:
Elderly Singapore PRs have the option to continue working past the retirement age, with re-employment opportunities available up to the age of 67.
Elderly-Friendly Environment:
The Singaporean government is committed to creating an elderly-friendly atmosphere, with initiatives like the Enhancement for Active Seniors program (EASE) to improve living conditions for senior citizens.
To apply for Singapore PR, individuals typically need to be employed in Singapore with a valid employment visa for at least six months. However, it's recommended to work for at least a year before applying for permanent residency to enhance the chances of success.
Keep in mind that immigration policies and requirements can change over time, so it's essential to check the most up-to-date information on the official website of the Immigration and Checkpoints Authority (ICA) of Singapore or consult with authorized immigration professionals.
Overall, Singapore's stable economy, quality of life, and various benefits make it an attractive destination for individuals and their families looking to settle in a safe and thriving environment.
