Both options have advantages depending on your goals. The Employment Pass is faster to obtain, tied to your employer, and ideal for professionals wanting to work in Singapore immediately. However, it requires regular renewals and limits flexibility in changing employers. Permanent Residence, on the other hand, provides long-term stability, greater career freedom, and access to CPF and family benefits, but it is harder to secure and comes with obligations, such as national service for male children. Many professionals start with an Employment Pass and later transition to PR for more permanent settlement.