1. Singapore Employment Pass
The Singapore Employment Pass is for foreign professionals looking to work in Singapore. Generally, you’d be a manager, executive, or other high-level workers in your industry. This is a one or two-year visa, renewable for up to three years. Singapore’s Employment Pass prefers younger applicants who have graduated from reputable institutions. Older applicants can of course apply, you would just need to have a higher salary and position.
To qualify, you’ll need:
To have a job offer from an approved employer in Singapore.
To be in a managerial, executive or specialised role.
You’ll need to show that you have relevant qualifications, but the most important thing is that you can prove that you earn at least $5,000 per month.
(Higher experience candidate need to show more salary)
2. Singapore Entrepreneur Pass
If you already own your own business and would like to relocate it to Singapore, the Singapore Entrepreneur Pass (also known as the EntrePass) is the visa you need. This is a one-year visa, renewable for up to two years.
To qualify, you’ll need to:
Be registered with Singapore’s Accounting and Corporate Regulatory Authority.
Be registered (as above) for less than six months as of your application.
Meet at least one of the following criteria:
Be part of a government-supported incubator.
A collaborator with A*STAR or a university.
Have a proven track record of growth.
Exceptional expertise in your domain.
Significant experience, networks, and entrepreneurial record.
Owner of recognised intellectual property.
Has acquired funding from a business angel or government-accredited venture capital fund.
You’ll also need to show you have at least $50,000 in capital.
3. Singapore Personalised Employment Pass (PEP)
The Personalised Employment Pass (PEP) is a three-year visa for exceptional, top-tier executives. This is truly the ultimate visa to live and work in Singapore. The PEP has the unique benefit of allowing you to switch jobs as many times as you please, as long as you are being employed by a Singapore-registered company.
You can essentially hold a job in any sector, but if you work in areas like dentistry, medicine, law etc, you’ll need to be registered to practice in Singapore for your chosen field. It is only issued once, and once your term is up, cannot be renewed. You’ll need to show that your last fixed monthly salary is at least $18,000. If you already hold an Employment Pass, you only need to show that your earn $12,000 a month.
You won’t be eligible if:
You are a journalist, editor, sub-editor or producer.
You already have an Employment Pass under Singapore’s sponsorship scheme.
You intend to work on a freelance basis.
You are a sole proprietor, partner or where a director is also a shareholder in an ACRA-registered company.
Because the PEP is such a sought-after visa, there are a few requirements to make sure you keep your pass:
Show that you are earning at least $144,000 per calendar year. The number of months you actually work in that year is not important.
You can’t be unemployed for more than six months in Singapore.
Notify MOM if you change jobs, or contact details.
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