If you are looking for a work pass that allows you the freedom and flexibility to explore different work opportunities, the Singapore Personalized Employment Pass (PEP) will be suitable for you.
What is a Singapore Personalised Employment Pass?
Personalised Employment Pass (PEP) in Singapore, is a special and only type of employment pass for foreign professionals that is not tied to a specific employer. PEPs are intended for highly qualified individuals who wish to work in Singapore and provide the flexibility for pass holder to switch employment in Singapore without the need for re-application of employment pass or an entry visa should the pass holder is not unemployed for more than six months.
Personalised Employment Pass VS Employment Pass – The Differences
Personalised Employment Pass and the Employment Pass are similar in a way that both passes allows the foreign professional to be employed and live in Singapore, they can even travel in and out of Singapore without the need of entry visas. Both passes also allows the pass holder to bring in their family members under Dependent’s Passes and Long-Term Visit Passes.
Nevertheless, Personalised Employment Pass holders are also to fulfill the following additional requirement which is not required for Employment Pass:
- Personalised Employment Pass holders must earn a fixed salary of at least S$144,000 per annum throughout the duration of the pass (1 – 3 years)
Personalized Employment Pass holders are not allowed to set up a business in Singapore. However, Employment Pass holders are allowed to own a Singapore registered company. However, the Personalized Employment Pass holders are allowed to be salary-drawing directors of a company that is not own by them.
Eligibility for the Personalised Employment Pass
In order to be eligible for the Personalised Employment Pass, you’ll need to fulfil one of the following criteria:
- You are an earning a minimum salary of S$12,000 monthly, or fixed annual salary of at least S$144,000 in the last 12 months.
- You have drawn fixed salary of at least S$18,000 a month and your last drawn salary is not more than six months from the time of the Personalised Employment Pass application.
The Application – Documents Required
If you are currently holding a Employment Pass holder looking to switch to the Personalised Employment Pass, you are not required to provide any additional documents. However, you are still required to complete the Personalised Employment Pass application form:
Details of your passport
Name and address of employer, if available
Job and salary details, if available
Local contact details (for overseas professionals, the local contact details can be furnished upon approval)
- Completed application form
- A copy of your passport
- Employment Contract
- Past three months’ salary details
- Bank account statements
- Latest tax statement
- Latest resume and relevant educational certificates
All non-English documents must be submitted along with an official English translation done by a certified translator, High Commission/Embassy or a notary public.
Processing of Applications
Most Personalised Employment Pass applications are processed within eight weeks from the time of submission.
Upon approval, you will be sent an In-Principle Approval (IPA) letter, which is valid for six months which you would have to collect your pass within this period from the Ministry of Manpower (MOM) office in Singapore. Other necessary documents to be submitted will be also requested in the letter.
Renewal of Personalised Employment Pass
The Personalised Employment Pass cannot be renewed upon expiration of the given period. Upon expiration, you can apply for an Employment Pass if you wish to continue your employment in Singapore or you can apply for permanent residency (Singapore P.R).