Among all the overseas experts who aspire to move to Singapore to work, two of the most sought-after employment passes are the Employment Pass (EP) and the Personalised Employment Pass (PEP). Although each lets in can help you increase your profession in Singapore, both have distinct prerequisites, advantages, and disadvantages.
In this guide, we will ruin down the applicable differences between Singapore PEP and EP, imply which pass is appropriate to every form of expert, and the way FastLane HR can lead you to a hit software.
What is an Employment Pass (EP)?
Employment Pass (EP) is specifically supposed for overseas professionals, managers, and bosses with employment in Singapore.
- Monthly minimal salary threshold (from S$5,600; greater for older candidates and monetary zone).
- Assessed on the basis of the COMPASS model (wages, credentials, diversity, and firm.
- Requires employer sponsorship.
- Validity: Usually 2 years for first-time applicants, renewable for up to 3 years.
- Dependants: EP holders can apply Dependant’s Pass (DP) or Long-Term Visit Pass (LTVP) on behalf of qualified dependants.
What Is a Personalised Employment Pass (PEP)?
The Personalised Employment Pass (PEP) is a unique form of pass designed for high-earning professionals. In contrast to the Employment Pass, the PEP is not linked to any particular employer, thus providing its holders with greater flexibility.
- Current EP holders earning at least S$12,000 monthly.
- A foreign professional with at least S$18,000.
- Excellent career in the field.
Validity: Within 3 years. Not transferable.
- Could change employment without having to apply anew for a new pass.
- allowed to stay in Singapore up to 6 months to seek new employment.
Side-by-Side Comparison: PEP vs EP
|
Feature |
Employment Pass (EP) |
Personalised Employment Pass (PEP) |
|
Salary Requirement |
From S$5,000 (sector & age dependent) |
S$12,000 (EP holders) / S$18,000 (overseas) |
|
Employer Sponsorship |
Required |
Not required |
|
Validity |
Renewable |
Up to 3 years, non-renewable |
|
Flexibility |
Job changes require new application |
Free to switch jobs |
|
Unemployment Period |
Not permitted |
Up to 6 months |
|
Family Eligibility |
Yes, with salary requirement |
Yes |
|
Business Activity |
Limited |
Restrictions apply (cannot start a business, but can be a shareholder) |
Advantages and Disadvantages of Each Visa
Employment Pass (EP)
- Reduced salary level
- Reliable, long-term stability
- Employer dependent
- More rigidity in career changes
Personalised Employment Pass (PEP)
- Independence from employer sponsorship
- Job flexibility and employment buffer
- Higher salary expectation
- Intermittent, limited alternative
Which Visa Is Ideal for You?
- Opt for the EP if you happen to be someone who has a legitimate job in Singapore, but you don’t quite have that high salary requirement of the PEP.
- Choose PEP if you have high earnings and enjoy flexibility and possible career or field changes.
Application Process and How FastLane HR Can Assist
Singapore employment pass application could become problematic with stringent paperwork and MOM (Ministry of Manpower) guidelines. At FastLane HR, we:
- Verify your EP vs PEP eligibility.
- Furnish and submit the needed documents.
- Manage communication with MOM.
- Accompany dependants in submitting applications.
- Reduce the chances of rejections or delays.
With our expertise, you’ll conserve time, avoid pitfalls, and focus your minds on your job.
FAQs on Singapore PEP and EP
S$12,000 (EP holders) or S$18,000 (overseas applicants).
It’s non-renewable and only stands until 3 years after the date of issuance.
No, a new EP application is necessary for each job change.
Up to 6 months.
Both PEP and EP are possible avenues to apply for permanent residence, while the PEP could highlight more potential earnings.
Conclusion: PEP vs EP – Which One Is Best?
Both Singapore PEP and EP are great platforms to advance your career in Singapore; however, the suitable option depends upon your salary level, professional prospects, and also flexibility-required parameters. In case you get confused about which pass to go with, then FastLane HR is always available to help at each step of the process, from checking your eligibility to facilitating a successful application.
Contact FastLane HR today to have a personalized consultation on your Singapore work pass.