What You Need to Know About a Singapore Employment Pass

Many people will attest to the fact that Singapore has emerged as one of the most notable expatriate destinations. Actually, the high number of employers from different parts of the world has led to a surge in career opportunities. For this reason, many more are warming up to the prospect of applying for Singapore Employment Pass. As long as you meet all the application requirements, the term of contract will determine your duration of stay. Here are some of the things you need to know about a Singapore employment pass.

What is a Singapore Employment Pass?

Before going any further, you need to be fully aware of what a Singapore employment pass is all about. After all, there is no way you can apply for something you’ve never heard about before. To cut the long story short, it is basically a work permit that allows foreigners to hold managerial, specialist or even executive positions in Singapore. However, your application must be approved by Singapore’s Ministry of Manpower (MOM) before you work in Singapore. Be sure to understand what is expected of you after which you can complete the application hassle-free.

Why should you be a Singapore EP Holder?

Now that you already know what a Singapore Employment pass is all about, it is common sense that you also understand the benefits of holding a Singapore EP holder. To give you a tip of the iceberg, you’ll be allowed to open a current or saving account, purchase local medical insurance and rent a property during your stay. What is even more fascinating is the fact that you do not have to cancel your current Pass simply because you want to apply for a new one. You should, however, keep in mind the initial pass is only valid for 1 or 2 years with an option of renewing it for 3 more years.

Winding Up

There you have it, some of the things you need to know regarding Singapore Employment Pass. The good news is MOM has an important role to play when it comes to making sure all applicants are fully evaluated based on their merit. If you are still having doubts in mind, be sure to leverage the internet. Actually, this is the easiest way of getting every piece of information you need without necessarily having to move a muscle.