Singapore Employment Pass: A Visa for Foreign Entrepreneurs

Business

  • Author Daniel Yio
  • Published November 9, 2010
  • Word count 377

Singapore Employment Pass for visas for foreign workers, supervisors, managers and directors. However, this is more common for companies and shareholders to install and set up business in Singapore will be published.

According to the ministry of labor (MOM), must make their first foreign company to take over in Singapore before they can apply for the visa. In this case, the applicant shall appoint a temporary resident director will oversee the legal liabilities of the Company until his visa.

(Note: Most companies register businesses in the country of temporary residence director of foreign clients to ensure their place in exchange for a job with them and their business processes in the city-state.)

To be able to have an Employment Pass, foreigners who plan to setup a Singapore company must willing to follow these requirements

  • Business Skills

  • Related work experience of at least five years

  • Professional qualifications

  • Fixed monthly salary of at least $ 2,500 S

  • High school diploma or a diploma from a prestigious university

It is important to realize that MOM is no exception of some foreign enterprises, higher education if it is compensated for their professional qualifications and business skills. Similarly, education does not automatically guarantee that the applicant is entitled to a job card

In addition to the above criteria, the agency also uses other factors in the decision-making. These usually include:

  • Age and nationality of the applicant's current

  • The premium

  • Potential economic benefits of

  • Roles and responsibilities of the applicant

Due to stringent requirements in the world of work transfer, some foreigners, especially those who have no shelter from high school, EntrePass visas, which also allows them to make business decisions, and in Singapore.

There are three types of labor Pass: P1, P2 and P1, which are all mainly in the monthly basic salary of applicants sorted.

  • P1 pass is for foreigners, with a fixed monthly salary of at least $ 7,000. And in most cases, employers and persons who are executive, managerial or specialist.

  • Pass P2 is designed for candidates with a monthly salary of at least S $ 3,500 and not more than S $ 7,000. In most cases, foreign companies and workers to managers, executives and skilled jobs.

  • Q1 Pass is for foreigners usually have a fixed monthly salary of at least S $ 2,500 and professional qualifications and expertise.

A Singapore Representative Office does impose restrictions on the number of foreign staff that can be relocated from its foreign Head Office to Singapore. View more information on How to establish a Singapore Representative Office.

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