Revisions to the Employment Pass (EP) and S Pass qualifying salary will take place with effect from 1 September 2022.
Who will be affected?
Employers and foreign applicants applying for Employment Pass (EP) and S Pass will be affected by this change.
The Financial Services (FS) sector will also continue to require a higher qualifying salary in order to qualify for the relevant work passes.
Current qualifying salary for EP is at S$4,500 per month and S Pass at S$2,500.
The new EP qualifying salary will apply to new EP and S Pass applications from 1 September 2022 and subsequently to renewals from 1 September 2023, as part of the Ministry of Manpower’s (MOM) aim to ensure that qualifying work pass holders are comparable to one-third of Singapore’s local Professionals, Managers, Executives and Technicians (PMETs) and Associate Professionals and Technicians (APT) workforces.
Minimum Qualifying Salary – Employment Pass (EP)
In addition to a revision in salary for S Pass, Foreign Worker Levy (FWL) will also be increased accordingly.
Minimum Qualifying Salary and Levy – S Pass
1 September 2022
Santa Fe Recommendations
Even though Singapore continues to welcome businesses to grow and expand their operations, the government is also looking to ensure that local employers strengthen their local workforce and build up a strong Singapore core.
The latest revisions in EP and S Pass considerations are aligned with the government’s approach to strengthen the complementarity and diversity of the foreign workforce, and to provide greater clarity and certainty to businesses pertaining to Singapore’s foreign workforce policies.
Should you have any questions, please contact:
Ai Leng Chew
Santa Fe Relocation
D: +65 6398 3004
Group Head of Immigration Operations
Santa Fe Relocation
D: +44 7990 021125
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