Comparison: Singapore Entrepass versus Singapore Employment Pass

EntrePass and Employment Pass have their own specific advantages in terms of ease of approval, processing period and mandatory requirements.

  Employment Pass EntrePass
Who it is for?

Foreign entrepreneurs, businessman, professionals and executives who wish to work in Singapore can apply for an Employment Pass.

Entrepreneurs who do not have any educational qualifications but have entrepreneurial background.

Eligibility and Assessment
  • Declared Salary of the applicant
  • Age
  • Position
  • Educational Qualifications
  • Skills
  • Work Experience
  • State of the Company
  • Company Paid up Capital
  • Current citizenship

Minimum Salary

To be considered for an Employment Pass, a foreigner must have a fixed monthly salary of at least $2,500, and possess acceptable degrees, professional qualifications or specialist skills.

Compensating factors

In lieu of recognised qualifications, MOM may also consider compensatory factors such as skills and years of experience.
  • The applicant's entrepreneurial track record.
  • Prospects of viability of the business plan.
  • Efficacy of the management team
  • Salary
  • Company Paid up Capital
  • Current citizenship

Importance of Business Plan for EntrePass Application

Preparing a good Business Plan for your application is one of the most crucial aspects of acquiring an EntrePass Visa. A well thought-out Business Plan markedly improves your chances of getting a Singapore EntrePass.
MOM Processing Time 1 day - 8 weeks 3 weeks - 3 months
Visa Validity 1-2 years 1-2 years
Renewability Renewable as long as you continue to be employed by the company. Renewable as long as the Singapore business remains viable.
Dependent Pass Will be granted for immediate family members to live, work and study in Singapore. Will be granted for immediate family members to live, work and study in Singapore.
Permanent Residence (PR)

Eligible to apply after 6 months for Singapore Permanent Residence

Eligible to apply after 6 months for Singapore Permanent Residence
Status
(Upon Approval)

P1: Fixed monthly salary >$7,000

P2: Fixed monthly salary > $3,500

Q1: Fixed monthly salary > $2,500

P1: Fixed monthly salary >$7,000

P2: Fixed monthly salary > $3,500

Q1: Fixed monthly salary > $2,500
Apply for Employment Pass (Option NRE1) Apply for Entre Pass (Option NRE2)