Published on : September 7, 2022
Overhauling visa rules to attract foreign workers, Singapore announces a new long-term work visa to deal with the talent crunch. Foreigners not meeting the minimum required salary threshold might also be eligible.
A new Singapore long-term work visa will be available under the Overseas Networks & Expertise pass that comes into effect on January 1, 2023.
Recently, Singapore’s Ministry of Manpower (MOM) issued an Official Press Release - Strengthening Singapore’s Position as a Global Hub for Talent - announcing “enhancements to strengthen Singapore’s position as a global hub for talent”.
Four enhancements have been made to the existing work pass framework of Singapore with the aim of better attracting top talent and experienced tech professionals specifically in areas dealing with skills shortage.
The changes announced in Singapore work pass framework by the Ministry of Manpower are -
January 1, 2023 is the date of implementation for Singapore’s Overseas Networks & Expertise Pass.
All foreign nationals that want to work in Singapore must hold a valid pass - generally referred to as a Singapore work visa - before they can begin working.
|
Singapore Work Pass for Professionals |
|
|
Type |
For |
|
Overseas Networks & Expertise (ONE) Pass |
Targeted at the top talent in the field of -
|
|
Personalised Employment Pass (PEP) |
High-earning overseas foreign professionals or existing Employment Pass holders. |
|
Employment Pass |
Foreign professionals, executives, and managers. At least $5,000 monthly salary must be earned. |
|
EntrePass |
Foreign entrepreneurs that are keen to start and operate a business in Singapore. |
Announced on August 29, 2022, Singapore’s Overseas Networks & Expertise Pass (ONE) is a personalized pass for top talent from across the world that want to work in Singapore.
The top talent can be in - business, arts and culture, sports, science and technology, and academia and research. ONE pass of Singapore provides employment flexibility. Eligible applicants can simultaneously start, operate and work for multiple companies in Singapore.
There are different routes to apply for the Overseas Networks & Expertise Pass.
|
Singapore ONE Pass Eligibility Criteria |
|
|
Open for applications |
From January 1, 2023 |
|
Who can apply? |
|
|
Eligibility |
Salary Threshold At least S$30,000 fixed monthly salary to be paid by future employer in Singapore OR Earning S$30,000 fixed monthly salary - or equivalent in foreign currency - within the last 1 year. |
|
Overseas candidates - that is, not already working in Singapore - will also have to show that they:
An “established company” is one with an annual revenue of at least US$200 million or a market capitalisation of a minimum of US$500 million. |
|
|
What if I don’t meet the salary threshold? |
Those with “outstanding achievements” might qualify, even if they don’t meet the salary criterion. |
|
Is the Singapore ONE pass renewable? |
Renewable for 5 years each time, provided conditions for renewal are duly met. |
|
What are the benefits of ONE pass? |
More employment flexibility. You can -
|
Individuals looking to work in Singapore and meeting the eligibility criteria for ONE pass can apply directly. The new Singapore Long-Term Visa for global talent launches on January 1, 2023.
Information on the application process is expected to be released closer to the launch of the ONE pass in 2023.
In a significant development for Indian visa applicants, the US Embassy in...
In a latest update, IRCC decides to do away with the CRS points given to...
The Royal Thai Embassy has officially announced the launch of its e-visa system...
Kansas Overseas Careers Pvt Ltd is NOT a RECRUITMENT / PLACEMENT AGENCY, we neither assist in any kind of Job / employment offers nor do guarantee any kind of domestic/International placements.
Eligibility Check
Canada PR Calculator
Australia PR Points
Visit Visa
Germany
Hong Kong
Services
Migrate
Study
Counselling
Online Payment
