SINGAPORE EXPATS FORUM
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As I have a PR, Iââ‚¬™ll setup a company next month with a business partner in Korea. Iââ‚¬™m considering to make my friend relocate Singapore and work in Singapore to succeed our business. Now Iââ‚¬™m thinking to hire him with EP. When I hire Co-Founder as a foreign director, though I think I have to give P1 visa for him or her, how much do I have to make payment?
At least $8,000 per month and that may go up in the future. This is the minimum salary for a P1.
nutnut wrote:SE, I think he may mean levy!
All Levy information for employees is here on the MOM webpage
It's variable from industry to industry. If I got it wrong, then take SE's advise, at least 8K a month to get a P1.
In that case, there are no levies for a P1 EP, only a nominal application fee.
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