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What is the use of Singapore PR?
Doing PR is more convenient than entering and leaving the country on a work visa, which needs to be bound to the employer or school and cannot be replaced. PR does not need to be bound to the employer or school. PR is a permanent resident, and Singapore's official statement is that becoming PR is an important step before naturalization. With PR status, you can enter Singapore at will within ten years, and you can renew or apply for naturalization after ten years.
In Singapore, many jobs only recruit PR or citizens. After entering PR, they will be forced to join the Singapore Provident Fund CPF, a kind of social insurance. Singapore citizens pay 20% of their income into the provident fund, which will be returned year by year after the age of 65, with an annual interest rate of 3%(PR contribution ratio is lower than this).
It should be noted that the tuition fees for permanent residents to read PR are much cheaper than those for non-PR and non-citizens. In Singapore, many scholarships are only open to PR and citizens, and PR can save at least S $8,000 (about 40 1.30 RMB) from studying at the National University of Singapore for one year.
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