So you expect to come to Singapore without a job but a PEP so that you can stay here for six month to find a job? I am not sure if this is the principle of offering PEP. From my experience, PEP are usually offered to EP who is already in Singapore.Alexei wrote:No job offer. Currently interviewing and anticipating.
Does this change anything with regards to my application? Requirements do not mention job offer.
Thanks in advance
You think? It's principally income based now and targets highly paid professionals. Provides flexibility and allows Sg companies to make use of (probably) experienced individuals. It only lasts for 3 years so the transient exec can move on or take the EP/PR route. That's where Sg would take in the other factors.The Ref wrote:I think your actual chances of getting a PEP without residing here and having an existing job are quite low.
Eligibility and requirements for Personalised Employment Pass
Eligible high-earning foreign professionals can apply for a Personalised Employment Pass. Pass holders have greater job flexibility than with other work passes. However, they need to meet certain requirements to hold the pass.
Who is eligible
You can apply for a Personalised Employment Pass (PEP) if you are:
An overseas foreign professional and your last drawn fixed monthly salary overseas was at least $18,000. Your last drawn salary should have been within 6 months before you apply.
An Employment Pass holder earning a fixed monthly salary of at least $12,000.
Who is not eligible
You are not eligible for the PEP if you are:
An Employment Pass holder under the sponsorship scheme.
A freelancer or foreigner who intends to work on a freelance-basis.
A sole proprietor, partner or where a director is also a shareholder in an ACRA-registered company.
A journalist, editor, sub-editor or producer.
Note: You are not allowed to start a business or conduct any form of entrepreneurial activity while on a PEP. If you intend to do so, you should apply for an EntrePass.
Requirements of the pass
To keep holding a PEP, you must:
Not be unemployed in Singapore for more than 6 months at any time. Otherwise, you will need to cancel the pass.
Earn a fixed salary of at least $144,000 per calendar year, regardless of the number of months you are in employment.
Notify us of the following:
When you start or leave a job.
If you change your contact details, such as local contact person or address.
Your annual fixed salary. You need to declare it to us by 31 January of every year.
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