Singapore Pass and Work Visa Details
Singapore Pass and Work Visa Details
Singapore Pass and Work Visa Details
If you have decided to start a company in Singapore, if you just want to work in Singapore or if you are simply considering where in the world to work and live, the legal documentation that supports your employment is often a factor that gets overlooked.Which employment pass is available to you or which employment pass you choose to apply for can have important implications to you and your family while living and working in a foreign country.
When it comes to employment pass in Singapore the two main consideration is the salary and education.Some factors that will be considered are your age, nationality and work experience.
Given that most people are sure of at least ONE factor of their employment criteria, employment pass options will be presented around key individual criterion to facilitate identification of the employment options available to you. Given below are the key variables that may affect the corresponding work pass options.
The Regular Employment Pass
This pass is divided in three categories (P1, P2, Q1) which always depend on the salary.Exemptions aside, for a Q1, your salary must be above S$2,500, for a P2 your salary must be above S$3,500 and for a P1 your salary must be above S$7,000.A diploma or certificate from a prestigious is required for EP.This will depend on a case basis.Usually, it is the company who hires the individual takes care of EP for them and give them sponsorship for them to be able to be employees in Singapore.The EP will only be used on the job merely stated and will no longer be valid if the individual has another job.EP holder's family will now be permitted for Dependents Pass that will be valid along with EP.Even if the family will not be given the chance to have the dependent pass, they will still be given the chance to have a Long Term Visit Pass (LTVP).This does not apply for Q1 holder family members.Having a DP or LTVP alone, does not allow the pass holder to work in Singapore, a relevant work pass is required.
Personalized Employment Pass
Personalized EP will be applicable to foreign individuals whose monthly salary is minimum of S$7,000, foreigners who graduate from Singapore universities, as well as current and former P1 holders whose last salary was above S$30,00 annually and current P2 and Q1 holders with at least S$30, 000 annually.Salary and work experience is being considered and that the individual should not be unemployed for six months so that he/she will be allowed to apply. Personalized Employment Pass holders' families are eligible for Dependent's Pass as well as Long Term Visit Pass.
EntrePass
The EntrePass is most relevant to entrepreneurs in Singapore and is an excellent starting point for anybody looking to incorporate a company in Singapore.A company who is registered with ACRA will only be the qualification.Q1 and P are the two types of EntrePass which largely depends on the salary. The main things needed for an EntrePass are, the company should have a minimum paid up capital of at least S$50, 000 and 30% ownership and that the individual is active in the whole operation of the business.Owners of coffee shops, bars and night clubs are not allowed to apply for an EntrePass.Long Term Visit Pass and Dependent Pass are now applicable for the family members of the EntrePass holder.
Dependent's Pass
The dependent's pass is relevant to direct family members of Singapore EP holders, Personalized EP holders, EntrePass holders and S Pass holders.The dependents of these work pass holders i.e. dependent's pass holders, must fulfill various requirements before qualifying.It only accepts spouse of the holder and a child of the holder which is below 21 years old.New born babies, legally adapt children and step children are also accepted. Children of work pass holders whose age is above 21 years old can now apply for dependent pass.The validation of DP is always the same of EntrePass,Personalized EntrePass, EntrePass or S Pass. DP holders are permitted to work in Singapore but should have a work permit.The only purpose of DP is to study and live in Singapore and working in Singapore is not an inclusion.
Long Term Visit Pass
The family of p1 and P2 EP, P1 and P2 Personalized EP an P EntrePass are only permitted to have Long Term Visit Pass.Common law spouse, unmarried daughters above 21 years of age , handicapped children which age is above 21 years old, step children, parents, parents in law are considered the direct family.Those who are above 21 years old of a work pass holder will be liable in providing for themselves and is not allowed to live in Singapore based on the working situation. By the time DP expires, daughters of DP holders can apply for LTVP.The maximum duration of a LTVP is 60 months (5 years) or whenever the work pass expires, whichever is shorter.Much like a DP, a LTVP does not authorize employment of the LTVP holder, and LTVP holders must apply for their own relevant EP before being able to legally work in Singapore.
In the listed work pass, at least one of them is attainable for your family.To get enough knowledge on the pass that will be applicable to your family, take a visit on Singapore Ministry of Manpower website.If incorporating a company in Singapore the professional services firm that you hire to guide you through your company set-up, should be able to advise you on this matter.Obviously, Singapore is progressing a lot when it comes to business.The qualifications for getting work permits is not that high for foreign investors than any other offshore business.Meanwhile, the whole process for application of work permits will be more organized.
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