5 Key factors in a successful Employment Pass application
Here we cover 5 critical factors that point to a higher likelihood of success when you apply.
Self assessment tool test (SAT)
The first step is to do a Self Assessment Tool Test (SAT) provided by the Ministry of Manpower (MOM). This test will help you understand the requirements needed for a successful application and also let you know if you qualify for an Employment Pass.
Fixed monthly salary
The salary plays a huge role in your application. For your application to be successful, you are required to have a fixed monthly salary of at least S$4,500. If you have more experience in the work force, your salary has to be higher than the minimum salary listed above.
Educational degree
Singapore highly values tertiary education and bachelors or post-graduate degrees when it comes to issuing Employment Passes.
Having more degrees and certifications from reputable institutions is likely to increase the chance of your EP being approved.
Paid-up capital
Business owners looking to incorporate a company in Singapore and obtain an EP are advised to have a minimum of S$50,000 paid-up capital for a higher chance of a successful application. This is a guideline – MOM perceives companies that have a higher amount of capital to be more credible.
Jobs bank
Under the Fair Consideration Framework (FCF), a company applying for Employment Passes must post an advertisement on Jobs Bank 2 weeks prior to sending their EP application. This framework has been put in place to strengthen the Singaporean core in the working world.
After posting your ad, you need to include the job posting ID in your application.
Other factors
Other factors shall include:
- Age of applicant
- Roles and responsibilities
- Reputation of the company
- Applicant’s current citizenship
If you want to increase your chances of approval, Sleek is happy to help!
