“Facilitate your human capital of Singapore business operations and families living in Singapore”

At SIG, we understand the importance of smooth and hassle-free pass applications for individuals and businesses in Singapore. Whether you are an aspiring professional, an entrepreneur, or a tech enthusiast, we offer a comprehensive range of passes tailored to meet your unique needs. The Singapore Employment Pass (EP) is a work pass issued by the Ministry of Manpower (MOM) for foreign professionals, managers, and executives. Successful EP applicants can legally work and live in Singapore, gaining “Resident” status. This article will provide a detailed introduction to the benefits, application process, and requirements for EP.

 

Introduction of EP

EP is Singapore’s primary work pass for highly skilled talents, designed for professionals with high education levels and advanced skills, such as executives, specialists, and researchers. As of June 2024, there are over 200,000 EP holders in Singapore, accounting for 17% of the foreign workforce.

There are two types of EP: Self-Employed EP and Employee:

    • Self-Employed: Foreign entrepreneurs establishing a business in Singapore may apply for EP by employing themselves as an executive or owner of the company.
    • Employee: Singapore companies can hire foreign employees and therefore apply for EP.

EP applicants must possess relevant qualifications and professional skills, along with an employment contract meeting salary standards. Unlike passes for lower-skilled roles, EP holders can apply for long-term visas for themselves and their families and may even be eligible for permanent residency in Singapore.

 

Benefits of EP

    1. Family Relocation: EP holders meeting certain criteria can apply for a Dependant’s Pass for spouses and children under 21 and a Long-Term Visit Pass for parents, allowing their families to relocate to Singapore and gain “resident” status (various long-term pass holders).
    2. Tax Residency: EP holders automatically become Singapore tax residents, enjoying individual tax benefits on their income earned in Singapore.
    3. Permanent Residency (PR) Application: EP holders can apply for Singapore PR after working in Singapore for a certain period. Those with family can submit a PR application as a family unit.
    4. Educational Resources: As Singapore “residents”, EP holders’ children have access to quality educational resources in Singapore. In addition to international schools, they can take exams to enter public schools.

EP Application Requirements

    1. Salary Requirements: The minimum monthly salary for EP applicants is SGD 5,000 (SGD 5,500 for the financial sector). Higher salaries are required for older applicants to meet the criteria.
      • Starting from January 1, 2025, the minimum monthly salary for EP applicants will increase to SGD 5,600 (SGD 6,200 for the financial sector).
    2. Educational Requirements: EP applicants generally must have a bachelor’s degree or higher, with recognized qualifications from Singapore or overseas institutions. Experienced applicants without the required educational qualifications may apply based on their professional experience.
      • MOM requires the educational credentials to be verified through recognized authorities.
    3. Work Experience and Skills: MOM prioritizes applicants with professional skills and extensive work experience, especially senior talents who can contribute to Singapore’s economy.
    4. Comprehensive Assessment: EP applications must pass the COMPASS assessment framework to be eligible for EP.

EP Application Process

    1. Eligibility Check: Employers use the Self-Assessment Tool (SAT) to test applicants’ eligibility based on education, work experience, and salary.
    2. Prepare Application Documents: Required documents include the EP application form, passport copy, ID card copy (for Chinese applicants), and an MOM-recognized verification report for the academic certificate.
    3. Submit Application: The employer submits the EP application through MOM’s portal.
    4. Review and Approval: Processing times vary from a few working days to a month, as each EP application is case-specific. It is crucial to prepare all required documents in advance. During processing, MOM may request additional documents or information. MOM will notify through email once the Singapore EP application status updated.
    5. Receive Approval: Once approved, the applicant will receive an In-Principle Approval (IPA) letter, valid for six months. The applicant must enter Singapore within this period to complete EP card issuance.
    6. Obtain EP Card: After issuance, the applicant undergoes fingerprinting and photo submission and will receive the physical EP card within a few working days.

Conclusion

As one of Singapore’s key policies for attracting global talents, EP provides a pathway for foreign professionals to work in Singapore. EP holders not only enjoy career development opportunities in Singapore but can also explore options for family relocation and long-term residency. Therefore, for foreign entrepreneurs looking to expand into Singapore, EP is a vital tool for establishing human capital in the Singapore market and enabling family life in Singapore.

Why Choose SIG for Pass Application Needs?

    • Expert Guidance: Our team consists of experienced professionals well-versed in Singapore’s pass application procedures. We provide personalised guidance to ensure a successful application.
    • Efficiency: We understand the value of time. Our streamlined processes are designed for efficiency, ensuring that your application is processed quickly and accurately.
    • Comprehensive Solutions: From EP to Tech@SG, we offer a comprehensive range of pass options to cater to diverse needs.
    • Customer-Centric Approach: Your satisfaction is our priority. We are committed to delivering excellent customer service, addressing your queries promptly and providing regular updates on your application status.

Choose SIG for a stress-free and reliable pass application experience in Singapore. Let us be your trusted partner on your journey to professional success. Our streamlined application process ensures a quick and efficient experience, allowing you to focus on your business while we handle the paperwork.

Contact us today to get started on your pass application journey.