SINGAPORE – Upcoming Higher Minimum Salary Requirement for Employment Pass Applications
The Ministry of Manpower (MOM) in Singapore has announced an increase in the minimum qualifying salary for Employment Pass (EP) applications, with effect from 1 January 2017.
What is the Change?
From 1 January 2017, the qualifying salary for Employment Pass (EP) applications will be raised from SGD$3300 to SGD$3600. Those with more years of experience are required to command higher salaries commensurate with their work experience and skill sets, as per current practice.
The previous update to the minimum EP qualifying salary was in January 2014, from SGD$3000 to SGD$3300.
Grace Period for Existing EP Holders
- Existing EP holders whose passes expire before 1 January 2017 will be able to renew, for a duration of up to three years, based on the existing EP criteria;
- Existing EP holders whose passes expire between 1 January 2017 and 30 June 2017 (both dates inclusive) will be able to renew, for a duration of one year, based on the existing EP criteria;
- Existing EP holders whose passes expire from 1 July 2017 onwards will have to meet the new criteria for renewal.
- Employers in Singapore planning to sponsor foreign nationals for employment passes on or after 1 January 2017 should take into account the upcoming change to the minimum qualifying salary;
- Employers are encouraged to use the Self-Assessment Tool (SAT) on the MOM website to assess if their EP candidates will meet the new salary criteria. The SAT will be updated by Nov 2016.