I am considering applying for a PEP given the uncertain economic times ahead and risk of layoffs/recession globally. I am quite comfortable at my current job but feel I need a safety net just in case. Also given the salary bracket increases from next year, I am thinking to apply before that kicks in
Background
Indian National Age 35
Duration in Singapore - 10 years (across 2 companies)
Base salary - $18k per month / working as a product manager in tech
TC (including stocks/bonus/others) - $270K P/a
Education - bachelors from India
Previous PR applications in 2020/21 as a single - both rejected
Plan to get married early next year to a Singaporean PR - and apply for PR under her sponsorship about 9-12 months after
Questions:
1- What are the chances of PEP being approved if a apply in a few months? (Given my current base wont meet their future requirements) Is there a high rejection rate like some EP's and many PR applications?
2- Does this have any potential impact on my future PR application after marriage?
3- Or does it make more sense to apply only IF my company does a lay off similar during the upcoming economic downturn
