As of September 1, 2023, new EP applicants must meet the Employment Pass Qualifying Salary and pass theCOMPASS assessment framework. This framework enhances clarity about EP eligibility criteria and aims to improve the quality of Employment Pass candidates in Singapore. ...
As of 2024, the minimum salary requirement for the Employment Pass (EP) is S$5,000 per month, and for the financial services sector, it is S$5,500 per month. This figure increases with the age of the candidate. Singapore Entrepreneur Pass (EntrePass) If you already own a business and...
Singapore’s has increased the minimum qualifying salaries needed for foreign workers to receive the Employment Pass (EP) and S Pass permits.
Singapore Employment Pass (“EP”) is a type of work visa that is designed for managers, executives, specialists and other skilled professionals who wish to work in Singapore. Ministry of Manpower of Singapore (“MOM”) also allows entrepreneurs to apply for an EP after they have incorporated...
In the financial sector, the minimum qualifying salary will be raised to S$ 5,500 per month. How COMPASS works The new COMPASS framework comes in addition to the qualifying salary and consist of a point-based system to assess eligibility to the Employment Pass. Based on 6...
Personalized Employment Pass The Personalized Employment Pass (PEP) is designed for high-earning EP holders and overseas foreign professionals. The minimum salary required to obtain a PEP is S$22,500 (US$16,606) per month. Candidates can apply for a PEP themselves. The application takes around...
Personalized Employment Pass (PEP): Individuals applying for this three-year visa must be overseas foreign professionals meeting the minimum salary threshold as required by law. PEP holders can generally take on employment in any sector and do not have to reapply for a visa when changing jobs. ...
The Employment Pass is made for foreign professionals, managers, and executives. On the other hand, the S-Pass is made for mid-level skilled workers. There’s a minimum salary requirement for both of them. Finally, the EntrePass is a business visa allowing foreigners tostart businessesthat are...
However, the key difference is the there is a minimum salary criterion for S-Pass. What is the Training Work Permit? Training work permit is only issued for a maximum of 6 months. This work pass is mainly for those overseas training to travel to Singapore for a short training. ...
The Employment Pass allows a person to stay and work in Singapore until it expires. The employee must have a minimum salary of SGD$4,500 per month to obtain an EP. Candidates with more experience will require a higher salary. Candidates under the Employment Pass will be subject to personal...