{"id":5704,"date":"2022-10-14T11:35:07","date_gmt":"2022-10-14T11:35:07","guid":{"rendered":"https:\/\/www.elitestage.cn\/?p=5704"},"modified":"2023-03-29T10:57:45","modified_gmt":"2023-03-29T10:57:45","slug":"singapore-launches-new-work-pass-to-attract-top-talent","status":"publish","type":"post","link":"https:\/\/www.elitestage.cn\/fr\/singapore-launches-new-work-pass-to-attract-top-talent\/","title":{"rendered":"Singapore Launches New Work Pass to Attract Top Talent"},"content":{"rendered":"

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Singapore’s Minister for Manpower Tan Sri Leong on Monday (29 August 2022) announced the launch of a new work visa, the Overseas Networks and Expertise Pass (ONE Pass), to attract top talent from various industries.<\/section>\n<\/section>\n
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Successful applicants will be granted a\u00a05-year individual work visa<\/strong>\u00a0to establish, operate and work in multiple businesses in Singapore at the same time. In addition, visa holders will not be subject to the\u00a0Fair Consideration Framework (FCF)\u00a0job advertisement requirements and the recently announced\u00a0Complementary Professional Assessment Framework (COMPASS).Spouses of visa holders will also be allowed to work locally with the consent of the Singapore government.The application threshold includes a fixed monthly salary of\u00a0at least S$30,000<\/strong>\u00a0or more, comparable to the maximum\u00a05%\u00a0of the\u00a0Singapore Work Permit (EP), or for those who have achieved official recognition of excellence in arts and culture, sports, science and technology, and academic research.Visa holders will be required to inform MOM annually of their professional activities to ensure that they make the best use of the flexibility offered by the visa to make a meaningful contribution to Singapore. <\/p>\n

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Applications for the ONE Pass will be accepted from 1 January 2023<\/strong><\/section>\n<\/section>\n<\/section>\n
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Singapore has also announced a special\u00a0exemption for the top\u00a010%\u00a0of existing Singapore\u00a0Work Permit (EP) holders<\/strong>, with adjustments to the Fair Consideration Framework and the upcoming COMPASS framework.Eligible holders will be exempted from the Fair Consideration Framework job advertisement and COMPASS requirements and will be able to apply for the Personalised Employment Pass (PEP) for high income earners, which is more flexible than the general work visa as it is not limited to any employer.At present, PEP is available to general work visa holders earning\u00a0at least S$12,000<\/strong>\u00a0and overseas job seekers earning\u00a0at least<\/strong>S$18,000<\/strong>.The newly introduced guidelines bring clarity and transparency to MOM’s Talent Work Visa framework.In line with this single guideline, the Fair Consideration Framework’s job advertisement requirement and COMPASS exemption threshold will be raised from\u00a0S$20,000 to S$22,500<\/strong>\u00a0and the salary threshold for the Individualised Work Visa will also be\u00a0raised to S$22,500.<\/strong><\/p>\n

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These changes will be effective from 1 September 2023.<\/strong><\/section>\n<\/section>\n<\/section>\n
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The Fair Consideration Framework job\u00a0advertisements\u00a0and Singapore work visa\u00a0processing time\u00a0will be\u00a0reduced<\/strong>.In addition, the Singapore government will reduce the time required to advertise a job under the Fair Consideration Framework\u00a0from 28 days to 14 days<\/strong>\u00a0with effect from September 1, 2022. The Ministry of Manpower (MOM) of Singapore has earlier extended the advertising period in response to the weak labour market following the outbreak of the new coronary heart disease.The processing time for\u00a0all Singapore work visa applications\u00a0will also be\u00a0reduced<\/strong>\u00a0from about three weeks to\u00a010 days<\/strong>. According to the press release,\u00a085 percent\u00a0<\/strong>of\u00a0online work visa applications\u00a0will be processed within\u00a0three weeks<\/strong>. With the Ministry of Manpower’s recent technical upgrade of the work pass system, Singapore work visas will be processed or updated to employers within\u00a010 working days<\/strong>, effective in real time.The Singapore government has also made an update earlier to provide a\u00a05-year work visa<\/strong>\u00a0option for expatriates in shortage positions under the COMPASS framework. Applicants are required to earn\u00a0a minimum salary\u00a0of\u00a0S$10,500\u00a0<\/strong>and pass the COMPASS framework with a minimum score of\u00a010\u00a0on the multiple criteria.Tan said Singapore continues to\u00a0face a global shortage of skilled professionals\u00a0and the local government believes the renewal will attract qualified professionals who wish to relocate to Singapore.<\/p>\n

Singapore needs top talent to supplement the local workforce, so the NTUC supports\u00a0the optimization of work visas,” said Tay Teck Guan, Assistant General Secretary of the National Trades Union Congress (NTUC), in a statement following the announcement.<\/p>\n

But we also need to have appropriate safeguards in place to ensure that\u00a0local talent<\/strong>\u00a0in Singapore has\u00a0a fair chance<\/strong>\u00a0(of getting) a job, to level the playing field for local professionals, managers and executives (PMEs), and to maintain a strong and intact core Singapore workforce.<\/p>\n

He added, “In addition, I believe the government will\u00a0provide clear guidelines on the definition of top talent or publish a list of reputable companies that employ top talent to promote corporate responsibility. The government should also put in place measures to ensure that top expatriate professionals transfer and share knowledge with local Singaporean talent in order to\u00a0promote Singapore’s talent development<\/strong>.”<\/p>\n<\/section>\n<\/section>\n<\/section>","protected":false},"excerpt":{"rendered":"

Singapore’s Minister for Manpower Tan Sri Leong on Monday (29 August 2022) announced the launch of a new work visa, the Overseas Networks and Expertise Pass (ONE Pass), to attract top talent from various industries....<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-5704","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nSingapore Launches New Work Pass to Attract Top Talent - elitestage.cn<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.elitestage.cn\/fr\/singapore-launches-new-work-pass-to-attract-top-talent\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Singapore Launches New Work Pass to Attract Top Talent - elitestage.cn\" \/>\n<meta property=\"og:description\" content=\"Singapore’s Minister for Manpower Tan Sri Leong on Monday (29 August 2022) announced the launch of a new work visa, the Overseas Networks and Expertise Pass (ONE Pass), to attract top talent from various industries. 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