Singapore Employment Pass: Requirements for Directors
Complete guide to the Singapore Employment Pass for business owners in 2026, detailing eligibility and renewal processes.
The exact change
The minimum qualifying salary for a new Employment Pass application is SGD 5,000 per month for most sectors. For the financial services sector, the minimum is SGD 5,600 per month. | Early 20s | SGD 5,000 | SGD 5,600 |
The minimum qualifying salary for a new Employment Pass application is SGD 5,600 per month for most sectors (effective January 2025). For the financial services sector, the minimum is SGD 6,200 per month. | Early 20s | SGD 5,600 | SGD 6,200 |
Suggested change
Corrected the Employment Pass minimum salary, which had been stated as SGD 5,000 (a stale figure that was actually inverted with the correct current one); the accurate 2025 figures are SGD 5,600 general / SGD 6,200 for the financial sector. Also fixed the age-progressive salary table.
Why this is better
The Employment Pass minimum qualifying salary figures were stale and internally inverted (general sector shown as SGD 5,000 and financial services as SGD 5,600, both below the correct current 2025 figures of SGD 5,600 general / SGD 6,200 financial), corrected throughout the salary table.
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