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Family Office · Singapore Citizenship / PR Application | Global Immigration
Residency Assessment
en English
af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sudanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu

Singapore Highly Qualified Recruitment-Tech Pass launch on 2021

Apart from Work Permit, S Pass, Employment Pass, and Singapore Permanent Resident, what other important permits do you know about working in Singapore?

Singapore has always been a place that cherishes its people and talents. On November 12, 2020, the Economic Development Board of Singapore (EDB) officially launched the new Tech Pass program.

The aim of the Tech Pass program is to attract technology professionals from advanced fields such as E-commerce, Artificial Intelligence, and Cyber Security from overseas to Singapore,  further cementing Singapore’s position as Asia’s Technology Financial Hub.

The program will initially be open to 500 applicants, which will be valid for two years, and is scheduled to be issued on January 2021.

  1. Who are eligible to apply Tech Pass?Candidate must meet any 2 out of 3 of the following requirements for the initial pass application:
    1. Last drawn fixed monthly salary of at least S$20,000 over the past one year, or its equivalent in foreign currency; or business owner with annual income in excess of S$240,000 or its equivalent in foreign currency.
    2. At least five cumulative years of experiences in a leading role in a technology company with a market capital of at least US $500 million or at least US $30 Million funding and beyond; Or
    3. At least five cumulative years of experiences including major contributions to design and development/or deployment of leading technology product that has at least 100,000 monthly active users or at least US$ 100 Million Revenue.
  2. What are the renewal criteria after two years?Candidate must meet any 2 out of 3 of the following requirements for the initial pass application:
    1. A minimum of $240,000 yearly income based on assessment of Inland Revenue of Singapore.
    2. Business Spending of at least $100,000 and one local employee who is either a Professional, Executive or Manager Level.
  3. What is the main difference between Tech Pass and other pass?Candidate must meet any 2 out of 3 of the following requirements for the initial pass application:
    1. An Existing Employment Pass and EntrePass holders that meet the criteria of Tech Pass may apply if they meet the prevailing eligibility or renewal criteria of their respective work passes.
    2. Unlike Employment Pass or the rests of Pass application, a Tech Pass holder do not need to secure employment in Singapore. Applicants can apply for Tech Pass without employer sponsorship and will be assessed based on their track record and prior experiences in leading teams/ developing or a tech product.
    3. A Tech Pass Holder can transit between employers or to be an entrepreneur; be an employee or an investor in one or more Singapore based companies at any times; can start and/or operate one or more tech companies; to be consultant or mentor, lecture in local institutions of higher learning.
  4. What are the advantages and disadvantages of Tech Pass?Candidate must meet any 2 out of 3 of the following requirements for the initial pass application:AdvantagesDisadvantagesCan move across organisation.Application is high for criteria.Can sponsor spouse, children and parents to obtain a Dependent Pass or Long Term Visit Pass.Tech Pass will be valid for only two years. It can be renewed end of 2 years.To attract Global Talents with experience in established or fast-growing tech companiesLocal Company may not afford to hire.No stipulated minimum salaryRenew Requirement High. Company must meet the criteria for renewal pass.No foreign worker levy or quota required.

With the launch to Tech Pass that speciality created to attract for “Global Talents” to work in Singapore and to develop Singapore’s tech ecosystem, we believe that it will contribute to the critical mass of established tech talent in Singapore and further enhance the position as a leading tech hub for the region.

It is the right time to access and join in the top talent groups. Please contact us if you need more details.

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