How much salary is required when PEP is approved on or after 01-September-2023?

What is the salary criterion for PEP approval from 01-September-2023?

How much is the salary for PEP approval from 01-September-2023?

Is the new salary criteria applicable for approval of PEP from 01-September-2023?

• From 1 September 2023, the fixed monthly salary criteria for both existing EP holders and overseas foreign professionals is S$22,500.
• This is benchmarked to the top 10% of EP holders.
• If your PEP is approved on or after 1 September 2023, you must earn a fixed salary of at least $270,000 per calendar year.