Key Differences Singapore PR vs LTVP

4 Key Differences: Singapore PR vs. LTVP

In the vibrant and multicultural city-state of Singapore, immigration schemes play a pivotal role in shaping the lives of individuals and their families. Among these schemes, two options often come into focus for parents or parents-in-law wishing to reside in Singapore alongside their child(ren): the Long-Term Visit Pass (LTVP) and Permanent Resident (PR) status. 

When considering which path to follow and looking to apply PR in Singapore, it’s essential to have a clear understanding of these options. Both are significant and selecting the right immigration pathway can greatly impact your family’s future. Additionally, you may seek guidance from a PR Application Agency Singapore to navigate this important decision. 

In this comprehensive guide, we will explore the distinctions between Singapore PR and LTVP, helping you make an informed decision for your family’s future in the Lion City.

Singapore PR vs LTVP

Understanding LTVP and PR in Singapore

Before we delve into the differences, let’s first establish a clear understanding of what LTVP and PR entail.

Long-Term Visit Pass (LTVP)

The Long-Term Visit Pass (LTVP) is a valuable immigration option in Singapore designed to allow close family members, such as parents or parents-in-law, to reside in the country for an extended period. Eligibility for LTVP is typically tied to the sponsor’s employment status. Here are the key points to remember about LTVP:

Eligible Sponsors

  • P1/P2 Employment Pass holder: Individuals holding a P1 or P2 Employment Pass in Singapore can sponsor their parents or parents-in-law for LTVP.
  • Permanent Resident: PRs in Singapore also have the option to sponsor their family members for LTVP.
  • Singapore Citizen: Singaporean citizens can apply for LTVP sponsorship for their family members as well.

Duration of Stay

LTVP grants the holder the privilege to stay in Singapore for a considerable period, ranging from two to five years. This extended stay provides ample time for parents to establish their lives in Singapore and, for those eligible, even work under a valid Letter of Consent or Employment Pass.

Now that we have a clear understanding of LTVP, let’s explore its nuances and limitations compared to PR status.

Permanent Resident (PR)

Permanent Resident status in Singapore is highly coveted due to the long-term security and stability it offers. Once individuals attain PR status, their parents or parents-in-law have the invaluable right to reside in the country for the entirety of their lives. This enduring status sets PR apart from LTVP in significant ways.

Key Differences Between Singapore PR and LTVP

Now, let’s dive into the heart of the matter and uncover the critical distinctions between Singapore PR and LTVP:

1. Renewal Requirement

LTVP: LTVP holders must go through the renewal process every two years. It’s essential to initiate the renewal application at least three months before the pass’s expiry date. This regular renewal can add an element of uncertainty for those relying on LTVP.

PR: PR status does not require periodic renewals. Once individuals attain PR status, they enjoy the privilege of indefinite residence without the need for regular renewals.

2. Renewal Approval

LTVP: There is a likelihood that the renewal application for LTVP may be rejected, particularly if there are changes in the sponsor’s employment status or other factors. This can pose uncertainties for those depending on LTVP for their stay in Singapore.

PR: PR status does not typically face the same renewal challenges. Once granted, it provides a more stable and secure long-term residence option for family members.

3. Sponsor’s Monthly Income

LTVP: To qualify for LTVP sponsorship, the sponsor, who is typically the child holding the Employment Pass, must have a monthly salary of SGD$10,000 or higher. This income threshold is a crucial eligibility requirement for LTVP.

PR: PR status does not impose income requirements on sponsors. It offers a more accessible path for family members to secure residence.

4. Dependency on Sponsor’s Work Visa

LTVP: LTVP is closely tied to the sponsor’s work visa status. If the sponsor’s work visa expires or is cancelled for any reason, the LTVP associated with it may also be cancelled. This dependency can introduce uncertainty into the family’s immigration status.

PR: PR status provides greater independence and security. It is not contingent on the sponsor’s work visa and remains unaffected by changes in the sponsor’s employment.

In essence, while LTVP operates similarly to PR status in terms of allowing aged parents an extended stay in Singapore and the possibility of employment, it comes with certain limitations that PR status does not. PR status offers a more stable, long-term solution for families seeking residence in Singapore.

Conclusion

In summary, the choice between Singapore PR and LTVP hinges on various factors, including eligibility, stability, and long-term security. LTVP offers an extended stay and the possibility of employment, making it a viable option for some families. However, it comes with renewal requirements, income thresholds, and dependency on the sponsor’s work visa. 

On the other hand, PR status provides indefinite residence, greater independence, and long-term security, making it a preferred choice for many families.

Ultimately, the decision should align with your family’s unique circumstances and goals for residing in Singapore. Consider consulting with immigration experts or authorities to make an informed choice that best suits your needs.

Check Your PR Eligibility