When Do We Need Singapore Employment Pass?

in Employment

The Employment Pass (EP) is a work visa issued to foreign professional employees, managers, and owners/directors of Singapore companies. There is no quota system limiting the number of Employment Passes that can be issued to a company.

The following instances makes you eligible to apply for Employment Pass:

* You are one of the owners/directors of a Singapore company and need to relocate to Singapore to run your company operations.  Note however that if the company is a newly setup company and you hold more than 30% of the shares, you can also apply for Entrepreneur Pass.
* You are hiring foreign staff for your Singapore company.  In this case, the company will need to file an Employment Pass application for each such employee.

Employment Pass is normally issued for 1-2 years at a time and renewable thereafter.  An EP visa enables you to work and live in Singapore and travel in and out of the country freely without applying for Singapore entry visas.  As an Employment Pass holder, you are eligible to a apply for Singapore permanent residence in due course.

The key facts and requirements for an Employment Pass type of work visa consist of the following:

* A monthly fixed salary of more than S$2,500.
* A tertiary degree from a reputable university and relevant professional experience.  Your strong professional work experience history and good salary may compensate for lack of good education in some cases.  Your proposed employment in Singapore must be relevant to your prior experience.
* No quota system is implemented. Authorities review each application on the basis of the credentials of the employing company and the applicant.
Any of the following three types of Employment Passes will be issued depending on your salary, education, and experience:

* P1 Pass: for applicants with a base salary of above S$7,000 a month.
* P2 Pass: for applicants with a base salary between S$3,500 and S$7,000 a month.
* Q1 Pass: for applicants earning between S$2,500 and S$3,500 monthly base salary

The figures mentioned above is only a general guideline and it is still the discretion of the authorities that controls what specific type of pass will be issued. In practical terms, there is not much difference among the above three types of Employment Passes except for the following:

* All the three types of EP work visas allow you to bring your spouse and children under 21 years old, but Q1 pass holders are not eligible to apply for Long-Term Social Visit Pass for their immediate family members.
* The period for filing applications for permanent residence.  P1 holders can apply for Singapore PR as early as 1 year after obtaining EP while P2 and Q1 pass holders should wait for at least 2 years before they can apply for Singapore PR.

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Sarah Kingston has 1 articles online

Asiabizservices is the leading Singapore Employment Pass Services Specialists. It has successfully helped thousands of foreign incorporate a Singapore company. It consists of qualified company secretaries, accountants and nominee agent, specially trained in Singapore company registration. Among its specializations are Singapore Employment Pass Application, corporate services, accounting services, nominee services, Singapore company registration and more. Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD") If you're in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours.

Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions. If you are interested in learning more about Asiabizservices kindly email us at sales@asiabizservices.com or give us a call at +6563034614.

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When Do We Need Singapore Employment Pass?

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This article was published on 2011/03/29