What Type Of Work Permit Should You Get In Singapore?
Appealing inducements and tax exemptions are given by Singapore to foreign corporations. Furthermore, Singapore is a nation that has creative policies and ordinances for immigration. Because of these, Singapore is the preferred business and commercial destination of business people and professionals who come from all parts of the world.
For a person to lawfully work in Singapore, one should obtain a work permit from the Singapore government. There are different kinds of work permit granted to foreign working professionals in Singapore, and this article serves as an overview of each of them.
Employment Pass (EP): This work permit is granted to company owners or employees who work in Singapore. The EP is granted to foreign professionals who hold the following qualifications: must have university degree obtained from a respectable university and his or her salary must be more than SGD2500.00 per month. The validity of the Employment pass is 1 to 2 years, and may be renewed.
Entrepreneur Pass (EntrePass): There are situations when business owners wanting to set up businesses in Singapore may not be eligible for an Employment Pass because they have no university degrees; the Singapore government, in these situations, issues entrepreneurs the EntrePass. This work permit is renewable for as long as the business is still thriving. It is valid from one to two years.
S Pass: As long as a mid-level immigrant worker’s employer meets the eligibility quota required by the Singapore government, the worker can be granted an S Pass. Furthermore, the employee must at least be a holder of a technical diploma and is paid a fixed salary of SG$1800.00 per month. As long as the worker is employed with the employer, this work permit is renewable; its validity period is from 1 to 2 years.
Miscellaneous Work Pass: This work permit is issued to foreign nationals who are on brief work assignments in Singapore. Examples of these short-term assignments are workshops, seminars, and/or conferences.
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