What is the requirement of minimum salary for EP in Singapore?

• Employment Pass (EP): The Employment Pass (EP) allows foreign professionals, managers and executives to work in Singapore.

Candidates need to earn at least $4,500 a month for all Sectors with effective from 01-Sep-2020 and have acceptable qualifications.

Candidates need to earn at least $5,000 a month for Financial Sector with effective from 01-Dec-2020 and have acceptable qualifications.

The criteria for older and more experienced EP candidates has been increased w.e.f. 01-May-2020, for example, an EP applicant in his early 40s will need to earn around double the new minimum qualifying salary for all Sectors.

EP renewals will be subject to the new salary requirement only with effect from 01-May-2021 to moderate the impact on businesses.

Employment Pass holders can apply for Permanent Residence in Singapore.

• Use the Self-Assessment Tool (SAT) at www.mom.gov.sg to check a candidate’s eligibility before you apply.

• Click here to learn more about EP in Singapore