Get The Visibility Your Company Needs
Reduce compliance risks and mobility costs while managing individual and project-related travel with ImmiSMART: the solution that unifies your travel and mobility programs.
SINGAPORE – Increase in Qualifying Salary for EP Applications
March 11, 2024
Starting 1 January 2025, the monthly qualifying salary for new employment pass (EP) applications will be raised from SGD 5,000 to SGD 5,600. New applicants from the financial services sector would also see an increase in qualifying monthly salary from SGD 5,500 to SGD 6,200.
The new minimum monthly salary requirements will also apply to those existing EP holders whose pass expires from 1 January 2026.
As always, don’t hesitate to reach out to your Newland Chase dedicated contact or submit an inquiry here if you have any specific questions regarding this announcement.
