To be able to work in Singapore, it is a must that you have an employment visa. This is because foreigners with such a visa are the only ones permitted to work in Singapore. Each work visa has its benefits as well as limitations. For example, the employment pass Singapore visa is tied to only one employer. This means that the E Pass holder cannot switch employers. Most of the other work visas work that way except for the personalised employment pass Singapore scheme.
The PEP is a flexible employment visa in Singapore since a holder is free to switch employers without having to re-apply for the pass. They can also stay in Singapore unemployed for a longer time compared to the employment pass Singapore visa. However, just like the other work visas, there is also personalised employment pass Singapore limitations. In this article, we will cover the 5 limitations of the personalised employment pass visa.
To be eligible for the PEP, you need to be an overseas professional who is earning more than $18,000. Another eligibility criterion is that you must be an employment pass Singapore holder earning at least $12,000 as a monthly salary. However, not all E Pass holders can apply for the PEP. In fact, those who got their E Pass under a sponsorship scheme are ineligible for the PEP. To be eligible, they have to apply first for an E Pass in the regular employment visa application. Once their regular E Pass nears expiration, only then can they apply for the PEP.
Aside from the E Pass holder under a sponsorship scheme, there are more jobs or professions that are not eligible for the personalised employment pass Singapore application. One of them is those who are working on a freelance basis. Another one who isn’t eligible is those who are engaged in business ownership. They are not eligible for the PEP because they are required to apply for the EntrePass instead. Editors, sub-editors, journalists, and media producers are also not eligible for the PEP but they are eligible for the employment pass Singapore visa as well as other Singapore work permits.
Almost every employment visa in Singapore is renewable. In fact, the most common pass that gets renewed all the time is the employment pass Singapore visa. However, that is not the case if you are a personalised employment pass Singapore holder. The PEP can only be applied once by a working foreigner. This means that they cannot renew their PEP or even re-apply to it. After the three years validity period, the PEP holder must either apply for an E Pass or get Singapore permanent resident status.
#4 – Annual salary should not be less than $144,000
Like any other employment visa in Singapore, there is a salary qualification that all foreign workers must meet. In the case of an employment pass Singapore holder, he or she needs to be earning more than $4,500. As for an S Pass applicant, their minimum salary limit should not go below SG$2,500 to qualify.
As for a personalised employment pass Singapore candidate, he or she needs to have an annual salary not less than $144,000. Regardless of how many months they have been employed, at the end of the month after each calendar year, they need to report their annual salary. If it is less than what is required, they will have to cancel their PEP employment visa or apply for the E Pass.
As stated earlier, a PEP holder can be unemployed for longer periods of time compared to the employment pass Singapore holder. However, that unemployment period has a limitation which is only six months. The six months period serves as a leeway for the foreign worker to find a job in Singapore. However, if the worker cannot find a job after six months, he or she has to cancel the personalised employment pass Singapore visa and leave the country.
The personalised employment Singapore visa may have some limitations. However, the benefits of being a PEP holder will still outweigh these limitations. If you are interested in getting a PEP as your employment visa, it is a must that you learn more about it. This is so you’ll understand not only the conditions and perks of the PEP, as well as how you can apply and cancel it. Therefore, it is recommended that you seek advice from experts from employment visa companies.