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Working Permits Granted To Immigrants Who Are Employed In Singapore

Enticing inducements and tax exemptions are given by Singapore to multinational business investors. Moreover, the Singapore government has clear-cut rules and guidelines for immigrant workers. For these reasons, Singapore is favored by foreign entrepreneurs and professionals as a place where they can set up their businesses and/or find employment opportunities.

For you to be able to work legally in this city-state, you musty acquire a work permit from the Singapore government. There are different types of work permit issued to foreign working professionals in Singapore, and this article provides an overview of each of them.

Employment Pass (EP): This work permit is issued to company owners or employees who will work in Singapore. For an immigrant to be granted an Employment Pass, he or she must have at least a college degree from a recognized university and his or her salary must be more than SG$2500.00 each month. The validity of the Employment pass is 1 to 2 years, and may be renewed.

Entrepreneur Pass (EntrePass): The EntrePass is granted to foreign business people who like to set up a business in Singapore, but who may not be eligible for an EP because they do not have an academic degree. This work permit is renewable for as long as the business is still viable. It is valid from 1 to two years.

S Pass: As long as a mid-level immigrant employee's employer meets the eligibility quota sought for by the Singapore government, the professional can be issued an S Pass. The employee should have at the minimum a technical diploma and has a fixed monthly salary of SG$1800.00. With a validity period of 1 to 2 years, the S Pass is renewable as long as the individual still works with his or her employer.

Miscellaneous Work Pass: This work permit is granted to foreign nationals who are on short-term work assignments in Singapore. Examples of these momentary assignments are workshops, seminars, and/or conferences.

Are you preparing to work or put up a business in Singapore? Drop by now to get more details about employment pass/S pass and other company formation requisites of the country.. This article, Working Permits Granted To Immigrants Who Are Employed In Singapore has free reprint rights.

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