What is a Personalised Employment Pass?
The Singapore Personalised Employment Pass, also known as PEP, is a special type of work visa issued to top-tier individuals based on their own merits.
The PEP is not exclusive to one employer, rendering its owner the flexibility and freedom to pursue opportunities without having to renew the pass with every company. The PEP holder is also entitled to stay in Singapore for up to 6 months in between jobs to evaluate career opportunities. The issuance of the PEP is managed by Singapore’s Ministry of Manpower (MOM).
What does it take to qualify for a PEP?
In line with the move to raise the quality of Employment Pass holders and in a bid to maintain the PEP as a premium pass for top-tier talent, MOM has laid the criteria as follows for PEP aspirants:
- - Must earn a minimum annual fixed salary of S$144,000
- - P1 Pass holders must earn a fixed monthly salary of at least S$12,000
- - Overseas professionals, who are not unemployed for longer than 6 consecutive months, must have at least S$18,000 as their last drawn fixed monthly salary
Failure to secure employment beyond the grace period will result in the revocation of the Singapore work visa.
Check if you're qualified here.
Read more about the Singapore Personalised Employment Pass at Rikvin.com.
