Employment Pass Threshold Raised to $3,600

The qualifying salary for foreign talent holding Employment Pass (EP) will be increased starting on 1 January 2017.

According to Ministry of Manpower’s (MOM) press release on Tuesday (26 July 2016), the qualifying monthly salary for an EP will be raised from $3,300 to $3,600, with the change to take effect early next year. This is in line with the Singapore government's continuous and steady efforts to keep pace with rising local wages and also to "maintain the quality" of the foreign workforce.

Existing EP holders will need to note the changes which impact their renewals.

For passes which will expire...
Before 1st January 2017 Candidates will be able to renew their Employment Pass, for a duration of up to 3 years, based on existing EP criteria
Between 1st January 2017 and 30th June 2017 (both dates inclusive) Candidates will be able to renew their Employment Pass, for a duration of 1 year, based on the existing EP criteria
1st July 2017 onwards Candidates will have to meet the new criteria (i.e. qualifying salary of at least $3,600) for renewal of EP along with other existing EP criteria such as qualification and experience, for a duration of up to 3 years

For more information or to receive Mazars EP service support, please contact our team

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