With over 20 years of experience in the insurance brokers industry, Pacific Prime Singapore is happy to help you find your best insurance solutions. On the one hand, the S Pass and Employment Pass are meant to allow companies to employ global talent in Singapore. If your PEP is approved after 1 September 2023, you must . Step 7: Keep the Ministry of Manpower informed of any changes, replacements, cancellations, and renewals of your EP, Your nationality has an impact on your chances. Thinking of starting a new chapter in Singapore? The Ultimate Guide to Long Term Visit Pass (LTVP) in Singapore, Cost of HPV Vaccination in Singapore 2023. The mandatory route for obtaining an S or an Employment Pass is to first advertise the job on MyCareersFuture.gov.sg which specifically targets Singaporeans. According to 2018 data, there are 522,347 Singapore PR holders residing in Singapore. The 3 major types of work passes in Singapore are mainly categorized by the employees education, job type, and salary. Employers must also demonstrate that they have fairly considered all jobseekers. 2023 Velocity Global, LLC. Omnipresent makes it easy to hire, pay, and support your international team. For Overseas Networks & Expertise Pass holder, you can also apply for a Long-Term Visit Pass . But keep in mind that this tool is not binding and doesnt definitively reflect the outcome of the application. For eligible spouses or children of Singapore citizens or PRs holding an LTVP/LTVP+ issued by ICA. Work Permits (WP) are for semi-skilled foreign workers from a pre-approved list of countries. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Visa Express Immigration Agency has been in the industry for almost 10 years. Need help with your Employment Pass renewal? To do this, the S or Employment Pass holder needs to earn at least $6000 a month. We take care of onboarding, offboarding, payroll and benefits so that you can focus on your business growth and getting your employees up and running. The Singapore Employment Pass is valid for up to 2 years, and can be renewed for up to 3 years. Applicants need not cancel their current passes to apply for a new application. Examples include construction, marine shipyard, manufacturing, and the service sector. Employers in Singapore must pay a monthly levy for S Pass holders, and depending on the tier; it costs either SGD $450 or SGD $650. Get a free consultation for your EP with our visa experts today! If the pass holder changes jobs, the new employer has to apply for a new pass. Provide necessary documents like educational certificates and passport scans to the employer, 2. It also demands that applicants should be earning not less than S$6,000 per month. All rights reserved. Employer submits EP application to MOM, 3. The information detailed in this article reflects the current regulations at the time of publication. Yes, Employment Pass (EP) holders are allowed to buy a car in Singapore. Heres an overview of each pass to help EP holders understand the requirements for relocating with their family to Singapore. Serena earned her Bachelors Degree in Psychology from the University of British Columbia, Canada. There are 1,68,800 employment pass holders in Singapore as of June 2022 Source MOM, 2. If an EP holder loses their job, their EP will be cancelled. Her previous work experience includes teaching toddlers to read, writing for a travel/wellness online magazine, and then a business news blog. They must be applied for and the government reserves the right to reject the application for any reason it deems relevant. Since January 1, 2021, these percentage quotas have dropped from 13% to 10% in the Service Sector. Step 6: Receive your EP card. These combined experiences give her the skills and insights she needs to explain complex ideas in a succinct way. More experienced candidates should prove that they earned higher salaries than their counterparts, Candidates must prove their competence through satisfactory results from a reputable diploma or undergraduate institution, They may also be required to present professional qualifications, specialist skills, and niche-related experience, Parents of qualified candidates can also apply for the Long Term Visit Pass as long as the EP holder draws not less than S$12,000 from their salaries, Meeting all the qualifications above does not guarantee the work pass. The main differences between the two are their eligibility criteria. An Employment Pass is generally approved for one to two years for first-time candidates and it can also be renewed for up to three years, subsequently. Your email address will not be published. No, Employment Pass (EP) and Work Pass are not the same thing. They must be earning a minimum of $2500 a month in junior positions. They have a 30-day grace period to either find a new job and have their new employer apply for a new EP, or to leave Singapore. The employer must apply for the LOC. Can employment pass holders incorporate a business in Singapore? There are two categories of foreign talent that can apply for a PEP: Existing P1 pass holders will only be required to submit the PEP application form unless any other supporting documentation may be relevant to approval. As an employer, before applying for an EP visa, you must ensure that your applicants meet the necessary requirements. You can enlist the help of an experienced EP specialist to ensure a smoother experience getting EP passes for your employees. Singapore launches new M-SEP scheme allowing firms to hire more S-pass and work permit holders, at least SGD $3,000 worth of monthly salary, Update 2023: Hospital Room Types in Singapore, Public and private hospitals in Singapore: Key differences expats should know. You are using a version of browser which will not be supported after 27 May 2018. Though there is no minimum qualifying salary, there is a cap on the maximum length of employment and age limits. Common-law spouses, step-children, unmarried handicapped children, and parents, Legally married spouses, biological children, Relocating with Employment Pass or S Pass holders, Starting and operating a business in Singapore, Foreign spouses and children of Singapore Citizen and Singapore Permanent Resident holding an LTVP or LTVP+ from ICA. MOM may request additional documents such as corporate bank statements, contracts, etc, Remember, all documents must be in English. To continue to transact with MOM securely, please follow, Experienced tech professionals with skills in shortage. What Are the Benefits of a Singapore EP Holder? A private limited is a type of business structure that is separate from its owners and shareholders. This requirement nearly doubles for older individuals with more experience. We highly recommend applying online, as this process takes a faster application time (3 weeks or longer), unless your case requires us to submit the application manually. You are subject to income tax on their employment income, just like Singaporean citizens and Permanent Residents (PRs). From September 2023, EP applicants must also pass the upcoming COMPASS eligibility framework. As an expat working in Singapore, your employer will need to help you apply for your pass or permit. To qualify, you need a relevant degree, diploma, or specialized technical certificate. With our newly implemented system and industry knowledge, we guarantee satisfaction and results. What qualifies as Permanent Residence in Singapore and what are its benefits? Some employers even provide medical insurance to their employees. How to check the status of my employment pass? Whether a short-term assignment or an intention to settle long term, it is important to understand the common paths to compliant employment and eligibility to live and work in Singapore. International health insurance ensures you have access to the best possible medical treatment no matter where you are in the world. Candidates need to earn at least $5,000 a month. Both are intended for short periods of 1 to 3 years, but they can be extended. Even higher is the minimum qualifying salary for expats in the Financial Services Sector (SGD $5,500). Personalised Employment Pass holders must earn a fixed salary of S$144,000 per year throughout the duration of the pass. Has the business supported local PMETs (i.e., professionals, managers, executives, and technicians) in their employment? Interested candidates or employers are recommended to first explore the Self-assessment Tool before engaging the services of third-party service providers. A legally married spouse and children (under the age of 21 years) will be afforded Dependants Passes attached to the PEP. NOTE: Do note that it does not fully guarantee that your employment pass application will be approved, as there are other checks such as your employers company profile and your history that are not included in this self-serve tool. To sponsor your dependents, you must earn at least a fixed salary of SGD $6,000 per month. Use Free Tool: Singapore Personalised Employment Pass Online Assessment. Have acceptable qualifications, usually a good university degree, professional qualifications, or specialised skills. Application for an Employment Pass is open to all nationalities. No matter the country of origin, applicants can be qualified candidates for specialist, managerial, and executive positions. *The conditions for Singapores S Pass and Employment Pass are changing regularly. Sleek 2023 Small Business Index Report available for download now. A position in a niche role or industry helps too. Does an employer need to buy WIC insurance for an EP holder? There are a number of benefits to receiving this type of work visa but the conditions and criteria are also much more stringent to fulfil. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. Engaging an EP application expert can also help to facilitate the process and ensure a smooth and successful application experience. The ONE Pass is a part of the efforts to enhance Singapore's current work pass framework. How to Apply for Tech.Pass What is the Singapore Tech.Pass? However, no renewals are ever guaranteed. The state will also be checking more thoroughly in the future to ensure foreign companies are not discriminating against qualified locals. Could Global Teams be the great equalizer of our time? As announced in September 2022, MOM increased the minimum salary requirements for EP and S Pass. Like any other country, gaining entry into the Singapore corporate industry requires your employees to have these particular documents: If your employees are not eligible for the Singapore Employment Pass work visa, there is no need to worry. Generally, if the applicant has a good educational background, relevant work experience, and a job offer with a competitive salary, the chances of getting an EP are higher. The specific requirements and rates for CPF contributions, SDL, and FWL may vary depending on the companys size, industry, and other factors. It will take roughly 15 minutes. In both cases, employers apply on behalf of their employees, so foreign companies MUST have a registered presence in Singapore., Both the S Pass and the Employment Pass are open to people of all nationalities. Work in a managerial, executive, or specialised job. How difficult is it to obtain an Employment Pass in Singapore? Includes eligibility, and the Self-Assessment Tool. What Are the Benefits of a Singapore EP Holder? High-paying expats of all nationalities who work in managerial, executive, or specialized roles may qualify for an Employment Pass (EP). Once your pass is approved, you will get an in-principle approval (IPA) which provides you with a one-time entry visa to enter Singapore. This article will guide you through the process of applying for an Employment Pass, explain how you can become an EP holder, and what to expect during the application process. Before applying for any of the listed positions, you must ensure all your employees documents are authentic. We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees. Once they have been submitted, they will be processed or updated within 10 business days. Our sales team is available from Mon - Fri 9am to 10pm (Singapore Time). For foreign professionals undergoing practical training. Fixed monthly salary comparable to the top one-third of local PMET salaries, starting from $5,000 and increases progressively with age, up to $10,500 for those in the mid-40s. You must advertise on MyCareersFuture and consider all candidates fairly before you apply for an Employment Pass. Anyone who has this pass can also get their family to live with them in the country by applying for a dependant pass. However, this may vary according to whether they are covered by a particular Free Trade Agreement (FTA).. Can an EP holder become a Permanent Resident (PR) in Singapore? Furthermore, from 2025, the tier 1 levy will be adjusted to SGD $650 from SGD $330 to manage the flow of S Pass holders better. After this, they will need to apply for a different type of visa to keep working in Singapore. PEP holders may remain unemployed while living in Singapore for a period of no more than six months. Generally the reasons for rejection are not provided. Which Documents Will I Need to Secure My Passes? You are using a version of browser which will not be supported after 27 May 2018. Step 4: Obtain the EP In-Principle Approval and get the EP issued. What happens if my EP application is rejected? Of course, the minimum salary requirement for obtaining an S Pass also increases for more experienced and older applicants. The main differences between the two are their eligibility criteria. This means that they can have an ownership interest in the company and are entitled to a share of the companys profits and assets. If you require your employees to present additional testimonials, they must present them manually. They can only apply for a PLOC when applying for, or renewing the LTVP/LTVP+. Pacific Prime Insurance Brokers Singapore Pte. EP holders can also be shareholders in any company in Singapore. Otherwise, you will need to cancel the pass. Work passes are necessary for every foreigner who wants to work and live in Singapore. Enhanced Medical Insurance Coverage for S Pass and Work Permit Holders in Singapore: What You Need t Pacific Prime Singapore offers a wide variety of insurance plans that can be tailored to meet the needs of residents and expats alike. This pass is what allows people in such positions to work without facing any issues. The PEP is not exclusive to one employer, rendering its owner the flexibility and freedom to pursue opportunities without having to renew the pass with every company. The Employment Pass allows foreign professionals, managers and executives to work in Singapore. Talk to our experts today. Contact our team of expert insurance advisors today for impartial advice! This resource provides more information on how to incorporate a private limited company in Singapore. For parents, common-law spouses, step-children or handicapped children of eligible Employment Pass or S Pass holders. How long can EP holders stay outside of Singapore? Verification of Vaccination requirements is needed for kids below 12 years and below. You will need to understand all the details and differences to know whether either pass is the right path for you and how to apply. For eligible Dependants Pass holders who wish to operate a business. Basically, Singaporean workers take priority in filling local job vacancies over foreign workers. Apply for the EP. When and how to renew an Employment Pass before it expires. All Rights Reserved. Simply make an appointment online. PH pay, COMPASS, Primary Care Plan, myMOM Portal, paying salary, annual leave. Employers must also demonstrate that they have fairly considered all jobseekers. This work permit is one of the most widely held permits by foreign working professionals in Singapore. Candidates need to earn at least $3,000 a month. When and how to cancel an Employment Pass. For eligible spouses or children of Singapore citizens or PRs holding an LTVP/LTVP+ issued by ICA. When you should appeal, who can appeal and how to submit an appeal. To make things clearer, here are the main differences between the S Pass and Employment Pass again: Applying for an S or Employment Pass is hugely cumbersome and the chance of a successful application is roughly 20%. In all other sectors, the quotas dropped from 20% to 15% from January 1, 2023. To continue to transact with MOM securely, please follow these steps to enable the Transport Layer Security (TLS) of your web browser, or upgrade to the latest version of your browser. It is for foreign professionals, managers, executives, and other professionals to live and work in Singapore. 2023 Rikvin Pte Ltd. UEN: 200708442E · All Rights Reserved. Complete the EP renewal application form online, Gather and upload all of the documents required for the EP application. One of them includes the quota-based S Pass, which allows foreign talent to join the workforce after a specific number of locals have been absorbed into the system. Purchasing a house also becomes easier for those who hold an employment pass in Singapore. The renewal application can be filed online via MyMOM Portal. Subscribe to receive our latest posts and events on global employment and remote working straight to your inbox. We care about you within 30 days from your purchase, if youre unhappy with our services, well refund our fee. Once an applicant has fulfilled the application requirements, the terms of the contract between them and the prospective company will determine their length of stay. You also wont have to worry about paying a sky-high medical bill out-of-pocket. Again, the employer must apply on behalf of the employee and their family. Our customer support team is at your disposal for any questions or issue you may face. The Singapore Tech.Pass was introduced by the Singapore Economic Development Board (EDB), and launched in January 2021. According to the Fair Consideration Framework (FCF), all Singapore-based employers must consider local applicants fairly and reasonably for both new Employment Pass and S Pass applications. This also includes intra-company transfers or new hires that you want to relocate from another office to your Singapore office. In addition, employers must pay a monthly levy for each foreign worker on top of providing mandatory medical insurance for them. There are a number of benefits to receiving this type of work visa but the conditions and criteria are also much more stringent to fulfil. However, EP holders who are foreign nationals are not required to make CPF contributions. Email or call us, and well process the refund within five working days. The dependants may include their spouse and unmarried children (biological or step) who are below 21 years of age. You'll need official documents from the Singaporean government to stay and work. Being a Singapore Employment Pass beneficiary allows applicants to live, work, and play in Singapore. This is open to all nationals worldwide, though certain nationals may be required to provide additional documents. Note that there are no DPC quotas or levies for EP holders. The difficulty of obtaining an Employment Pass (EP) in Singapore depends on several factors such as the applicants qualifications, work experience, salary, and the demand for their skills in Singapores job market. Although a PEP holder cannot renew or re-apply for this type of work visa, they can live and work in Singapore for a period of up to 3 years. The new visa known as the Overseas Networks & Expertise (ONE) pass will . However, there is no guarantee of approval, and each application is evaluated based on its own merits. For any foreigner working in Singapore and holding an employment pass, life becomes easier. For foreign students studying full-time at an approved school or institution in Singapore. An employer or appointed employment agent must apply on behalf of the applicant. Alternatively, use our online quotation system for a free quote! This does not mean that the employee may open a new business or work on a free-lance basis without having a permanent employer in Singapore. Visa specialists such as Sleek can also help by analyzing the reasons for the rejection and making recommendations for additional information or documents. This was effective from October 1, 2020. Employers who are found to employ on S and E Passes at the expense of qualified locals will be placed on a Watchlist. For foreigners married to a Singaporean or permanent resident, or parents accompanying a child who is studying in Singapore. Singapore is the worlds best place to do business, and its a title that the city-state has maintained for 15 consecutive years. Online services and forms for Employment Pass transactions. PH pay, COMPASS, Primary Care Plan, myMOM Portal, paying salary, annual leave. If not, they should be translated into English through a government-approved translation service, Unmarried disabled children aged 21 years and above, Unmarried stepchildren aged 21 years and below. Singapore 049712. When the candidate arrives, you can get the pass issued and will get a notification letter stating whether registration is required. Your employer or appointed agent can apply for a WP online. The Singapore Ministry of Manpower (MOM) assesses each EP application on a case-by-case basis. All of our innovative insurance solutions are backed by industry-leading technology and expert, award-winning service from our team of advisors. By founders, for fellow founders. Note: Pass holders may be required to payincome tax. Under the Fair Consideration Framework (FCF), only qualified candidates get to work and live in Singapore. Topics covered are, what is employment pass, who is eligible to apply, alternatives to employment pass, documents required, procedure, advt in jobbank, factors influencing ep approval, process after approval, reasons for delay, rejection of employment pass, filing appeal, renewal process, bringing dependants. Simply leave your details and our advisors will be in touch soon. The more established your company is, the better. Liaise with a dedicated specialist when you engage us for Singapore immigration, recruitment and work visa services! This basically means that the employee can work in just about any business sector although they may be required to seek prior approval for some occupations. Older professionals in their 40s and over must earn about double as much, A minimum salary of $5000 a month for young people in the financial sector, Qualifications from accredited institutions - this does not mean any recognised university or college, it is a specific list of institutions approved by the government and in some cases may only include a handful of institutions in the world for a specific type of qualification. This means they are the owners and director thats managing the company. Cost Required documents for application For regional representatives of overseas companies For healthcare professionals, lawyers, football players or coaches: For employees in a food establishment: Duration of Employment Pass Renewal of Employment Pass For Employment Pass (sponsorship) How to renew Upon renewal of Employment Pass Whats more, they must advertise job vacancies on MyCareersFuture.sg for at least 28 days. There are no restrictions on the nationality of the candidates for the work visa because it readily admits new and competent talents anywhere across the globe, An EP candidate must receive a job offer before applying for a work pass, The candidate must prove that they are qualified to fill managerial, executive, or specialist positions, International professionals with undergraduate testimonials must present proof of a fixed monthly salary of not less than S$5,000 per month or S$5,500 per month in the financial sector. Complete EP application form online on MyMOM Portal, 3. We'd love to help. Gather and upload all required documents, 5. They can also apply for Singapore Permanent Residence (SPR) after working in Singapore for one year. The specific tax obligations and rates may vary depending on various factors such as the type of income earned, residency status, and business activities. After you have been issued the EP, you will also get a notification letter that allows you to work and travel in or out of Singapore while waiting for your physical Employment Pass card to be delivered. The Overseas Networks & Expertise Pass is a personalised pass for top talent across all sectors, including in business, arts and culture, sports, as well as academia and research. Applicants need not cancel their current passes to apply for a new application. Instead, they are required to make monthly contributions to the Skills Development Levy (SDL) and the Foreign Worker Levy (FWL). The guidelines are summarised below: MOM plays an instrumental role in ensuring all employment pass applicants are evaluated based on their merit. earn at least S$12,000 if you are currently an Employment Pass (EP) holder. Check the status of your application on Employment Pass Online (EPOL). Singapore Employment Pass holders can open a savings or current account, rent property, and purchase local medical insurance. For instance, there will be a drop in SRC from 38% to 35% in the Services Sector, effective January 1, 2021. Candidates must earn at least $3,000 a month. Documents required to apply for an Employment Pass. An employment pass is essential for a foreigner to work at a managerial, executive, or specialized job in Singapore. MOM will evaluate all their credentials to ascertain whether they qualify for the job. For renewal applications, these changes will apply from September 2023 to give businesses ample time to adjust. If a work permit expires, then the DP automatically gets revoked. Just to name a few, WPs are issued to Asian countries such as Malaysia, Hong Kong, South Korea, India, Thailand, and China. To keep holding a PEP, you must: Not be unemployed in Singapore for more than 6 months at any time. Both EP and S Pass holders may apply for a Dependents Pass for their spouse, children, and parents to join them in Singapore.
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