As announced at MOM's Committee of Supply 2022, the requirements for Employment Pass (EP) and S Pass holders are revised, to ensure that the EP and S Pass holders are of good calibre and not hired simply because they are cheaper than locals. The following revision applies to new EP and S Pass applications from 1 September 2022:
Increase in EP minimum qualifying salary
New EP applications will be subjected to the minimum qualifying salary of $5,000 for all sectors.
For the Financial Service (FS) sector, the updated EP minimum qualifying salary will be $5,500. Older candidates will be required to meet a higher qualifying salary.
Increase in S Pass minimum qualifying salary
New S Pass applications will be subjected to the updated S Pass minimum qualifying salary of $3,000 for all sectors.
For the FS sector, the updated S Pass minimum qualifying salary will be $3,500. Older candidates will be required to meet a higher qualifying salary.
For EP and S Pass renewals, these updated qualifying salaries will apply to passes expiring on or after 1 September 2023. From 1 September 2022, the levy for S Passes are also revised. The S Pass Tier 1 Levy (for companies with S Passes up to 10% of total workforce) will be raised to $450. There will be no change to the S Pass Tier 2 Levy, which is currently at $650.
You must buy a Primary Care Plan (PCP) for workers who meet any of these conditions:
Stay in dormitories.
Work in construction, marine shipyard or process (CMP) sector.
For such workers, you need to follow the steps below before you can get their passes issued or renewed from 15 Sep 2022:
Complete the PCP registration or enrolment.
Declare that you have purchase a PCP (if applicable) in the list of declarations. Employers are to note that false declaration of PCP purchase is a serious offence.
Contact us at +65 80101470 or info@kmerleone.com for more information!
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