On 29 August 2022, Singapore’s Ministry of Manpower (MOM), Ministry of Trade and Industry, and Ministry of Communications and Information announced four key enhancements to Singapore’s work pass framework, namely:
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Introduction of a new Overseas Networks & Expertise Work Pass (ONEWP) for talents comparable to the top 5% of Employment Pass (EP) holders.
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Introduction of a new public benchmark for exemption from some existing work pass requirements.
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Changes to existing EP application processes.
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Option of a five-year EP for qualified tech professionals.
The purpose of these enhancements is to strengthen Singapore’s position as a global hub for talent.
Introduction of New Overseas Networks & Expertise Work Pass
The ONEWP is a personalised five-year work pass that allows holders to start, operate, and work for multiple companies in Singapore at the same time. Applications for the new ONEWP will open on 1 January 2023. The MOM has announced that there will be a few application routes, although it is not yet clear what the different application routes or process will be. Nevertheless, it has been established that applicants will typically need to have earned a fixed monthly salary of at least S$30,000 within the last year or will earn a fixed monthly salary of at least S$30,000 under their future employer based in Singapore. As an exception, candidates with outstanding achievements across the arts and culture, sports, science and technology, and research and...
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