Migration To Singapore

Tuesday 29 April 2014

Difference B/W E-Pass & Entrepreneur Pass



E-Pass

The E-Pass for Singapore enables the foreign professionals to be able to work in Singapore. It goes for the foreign workers who make a fixed earning of a minimum of $3,000 and have suitable qualifications. The employers shall make applications for the E-Passes on the behalf of a job candidate. If there is any kind of change of employer, then it will need a new application.
It is the best way for the skilled workers who want to get employment in Singapore and give some contribution to society and economy of Singapore in a great way.

Requirements for the E-Pass

The primary requirements for the E-Pass visa consist of the following:
·         As taken effect on January 1 2012, the employee shall earn at least S$3,000 and more than that every month.
·         Another requirement is a tertiary recognized degree from a decent and a respectable university or even college and some relevant work experience. Your strong work experience and decent salary might compensate for the lack of education. The employment you wish to take in Singapore shall also be relevant to the previous experience and education.
·         The requirement of the minimum salary of S$3,000 is usually applicable to the graduates who are fresh and the ones who have passed from a good institute. However, the candidates who are well experienced will likely have to earn higher salaries to qualify.
·         There is no such quota system. Every application is reviewed by the authorities depending on the credentials of the applicant and the employing company.
The salary division of the E-Passes is as follows

P1 Pass is for the applicants who have a basic salary of S$8,000 every month

P2 Pass is for the applicants who have a basic salary of S$4,500 and in between S$8,000 every month

Q1 Pass is for the applicants who have a basic salary in the range of S$3,000 to S$4,500 every month.

Personalized E-Pass

Holders of Personalized E-Pass can typically take work in any of the sector and they do not require to re-apply for a new pass when they change the jobs.

S-Pass

It is for the mid-level skilled workers from foreign countries who want to live and then work in Singapore and then they can apply for the S Pass.

Entrepreneur Pass

The Singapore Entrepreneur Pass is focused on the foreign investors who want to invest in the thriving economy of Singapore. You might apply for an Entre Pass if you are completely ready to begin and operate your own new business in Singapore. The applicants have to fill the following requirements.
·         The company has to be a private limited company that is registered with the corporate and accounting regulatory authority.
·         Applicants do not require to register the company first. If it is registered, it shall not be above 6 months from the application date.
·         Company should have a minimum of $50,000 of paid up capital.
·         It has to have a bank statement from the Singapore bank account.
 
immigration.sg is a website that tells you about all the Epasses and Entre passes and other work permits you might need.

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