According to a recent article I read, permanent residents (PRs) are granted five years after their first long-term pass, which include employment pass, long-term visit pass, student pass, work pass and dependant's pass, was issued.
Basically, it means that as long as you studied here (e.g. honors 4 years course), you only need to work one more year in order to be eligible for PR. No wonder some people take advantage of this "loop hole" to become half a Singaporean and gain almost all the benefits of a Singaporean.
Little wonder why Singaporeans are angry.
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