ChainCatcher news, Nansen CEO Alex Svanevik said on X that I will no longer apply for permanent residency. Having to ask bureaucrats to support your application, or submit the same documents ten times, seems inconsistent with the values when Lee Kuan Yew founded this country.
I was surprised to learn that many permanent residents now have to apply for re-entry every year, which in my opinion completely defeats the purpose of becoming a permanent resident in the first place.
So I will continue to hold my Employment Pass (EP) for now while exploring other places to live.
I admit that I am disappointed with the outcome because I feel that I have made positive contributions to Singapore in many ways. It is a great place to live and it would be great if Singapore could be home to my family for many generations.
Earlier news, Alex Svanevik, CEO of blockchain analysis platform Nansen, revealed on social media that his application for Singapore permanent residency was rejected.
