A new qualifying salary for Employment Pass applications

25 March 2024 1 min read

By Michelle Chua

At a glance

  • From 1 January 2025, the minimum qualifying salary for new Employment Pass (EP) applications will be raised to a minimum of SGD5,600 for all sectors, with the exception of the financial services sector, which will have a minimum of SGD6,200. 
  • This is an increase from the current minimum qualifying salaries of SGD5,000 and SGD5,500 respectively.
  • The revised EP qualifying salary will also be applicable to the renewal of EPs that are due to expire from 1 January 2026 onwards.