Singapore Work Permit

Relocating to Singapore

Work Permit Schemes for Professionals and Entrepreneurs

Relocating to Singapore | Work Permit Schemes for Professionals and Entrepreneurs

As Singapore is a one of the best country to set up businesses and to foster careers, many foreign skilled workers, professionals, investors and entrepreneurs seek to immigrate to Singapore. This guide will provide you with a summary of the work pass or work permit schemes for foreign entrepreneurs or professionals who are interested in relocating to Singapore.

Factors	Entrepreneur Pass (EntrePass)	Employment Pass (EP)	Personalized Employment Pass (PEP)	S Pass
General Description	It is both a work permit and visa for foreign entrepreneurs who want to start a business in Singapore and will be actively involved in the operation of their business.	It is a work permit and visa for foreign entrepreneurs, directors, shareholders or a qualified professional with tertiary degree.	It is a type of employment pass which is not tied to a particular employer. It allows you to change jobs without having to re-apply for a new EP, as long as you are not unemployed for more than six months.	It is a work permit and visa for foreign mid-level skilled workers.
Eligibility	Main criteria: Incorporate a company with the Accounting and Corporate Regulatory Authority no more than 6 months at the point of submission of the EntrePass application Own 30%-100% of shareholding in the company Have relevant experience and track record in creating and managing successful businesses Provide S$50,000 and above in paid-up capital for the new company Submit a 10-page business plan detailing business goals and strategy to accomplish required objectives of total business spending and to meet the quota for employment of Singapore workers	Main criteria: Acceptable diploma/degree Professional qualifications Specialist skills Minimum monthly salary of S$2500 Other factors which also play a very important role are: Salary of applicant Age of applicant Roles & responsibility Related work experience Repute of the company Company paid up capital Applicant current citizenship	Main Criteria: Individuals with outstanding academic credentials and exceptional professional qualifications Overseas foreign professional whose last drawn fixed monthly salary overseas was at least S$18,000 Former P1 Pass holders who are residing overseas whose last drawn monthly salary was $12,000 P1 Pass holders who earn a fixed monthly salary of at least $12,000 Individuals whose annual fixed salary is $144,000 or more	Applicants for Singapore S Pass are assessed based on: Salary Educational qualification Job type Years of work experience
Required Fixed Monthly Salary	Not specified	P1 Pass: for applicants with a fixed monthly salary of more than S$8,000 P2 Pass: for applicants with a fixed monthly salary of S$4,500 or more Q1 Pass: for applicants with a fixed monthly salary of more than S$3,000	Minimum of S$12,000 for current P1 holders Minimum of S$18,000 for new applicants	Minimum of S$2,200 (with effect on 1 July 2013)
Quota System	None	None	None	Yes. The number of S Pass holders a company can hire is capped at 25% of their total workforce.
Validity	1-2 years	1-2 years	3 years	1-2 years
Renewability	Renewals of the EntrePass are contingent on meeting the requirements stipulated by Ministry of Manpower in which your business venture must demonstrate in a one-year period that it will meet the employment requirement of a minimum number of Singaporean or local workers; and with the required total business spending for each category of EntrePass.	Renewable as long as you continue to be employed by the company.	Non-renewable.	Renewable as long as you continue to be employed by the company.
Eligibility for PR Application	Eligible for Singapore Permanent Residence	Eligible for Singapore Permanent Residence	Eligible for Singapore Permanent Residence	Eligible for Singapore Permanent Residence after 4-5 years
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