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SINGAPORE PERSONALISED
EMPLOYMENT PASS
PERSONALISED EMPLOYMENT PASS (PEP)




Now that the economic epicenter has shifted towards the east,
the opportunities in this part of the globe is both abundant            PEP: the ideal work visa for
and attractive. Foreign talent in pursuit of such opportunities in      exceptional foreign talents
                                                                        targeting Singapore
Singapore can take advantage of the Personalized Employment
Pass.                                                                   •	 Based on merit - not tied to a
                                                                           specific employer.
The globalization and the resultant free flow of capital, goods         •	 Valid for 5 years and non-
                                                                           renewable.
and people and exchange of information have tipped off a trend
                                                                        •	 PEP holders are entitled to stay
– talent in transit. Exceptionally qualified and skilled people seek       in Singapore for up to 6 months
and seize the opportunities and Singapore, being the hub of Asia           in between jobs.

and a significant center of growth, offers irresistible opportunities
for such people.

Although there are several work passes available, the Personalized
Employment Pass hosts some unique merits that sets it apart from
the rest and it is available for a privileged few with exceptional
skills, qualifications or professional track record.

PEP is a work visa which is issued to a foreigner based on the
applicant’s merit.




                                                                              Copyright © 2011 Rikvin Pte Ltd
ELIGIBILITY CRITERIA

Foreigners who fit any of the following criteria       work pass constraints. They have the flexibility
become eligible to apply for the PEP:                  and liberty to switch jobs at their free will and
                                                       explore opportunities.
•	 Overseas foreign professional whose last
   drawn fixed monthly salary overseas was at          Moreover, PEP holders are entitled to stay in
   least $8,000. They should not have remained         Singapore for up to 6 months in between jobs to
   unemployed for more than six months.                evaluate employment opportunities. On finding
                                                       the right fit, they may hit the ground running
•	 Current holders of employment passes such           without having to go through the EP application
   as, P1, P2 and Q1. While the P2 pass holders        hassles. This also makes it easier for the hiring
   are required to have held that status for at        company because it reduces the work on their
   least two years the Q1 Pass holders ought to        side as well as a high value resource becomes
   held the status for at least five years. Both       available to them almost instantly. Thus it will
   should have earned a fixed salary of minimum        enhance the holder’s attractiveness to the
   S$34,000 in the preceding year. There are no        potential employers as well as unfold unlimited
   restrictions of minimum holding period on           opportunities.
   P1 pass holders.
                                                       An individual can apply for PEP in his individual
•	 Former P1 pass holders who are presently            capacity even before he has a job in Singapore.
   not staying in Singapore are also eligible to       PEP is valid for five years and non renewable. PEP
   apply for PEP. At the point of application,         holders are eligible to bring his/her spouse and
   the former P1 Pass holders should not have          children below 21 years of age on Dependant
   remained unemployed for more than six               Passes. A P Pass holder can also bring his/her
   months.                                             parents and parents-in-law on Long Term Visit
                                                       Passes.
•	 Foreigners graduated from institutions of
   higher learning in Singapore with at least          PEP has certain limitations, any changes in
   two years of working experience on a P or           employment, local contact, address, travel
   Q1 Pass. A minimum fixed salary of at least         document etc must be duly updated with the
   $34,000 in the preceding year is also a             MOM and the PEP holders have to declare
   prerequisite.                                       to the MOM, their annual earnings within 30
                                                       days at the end of each calendar year. More
The key highlight of the PEP is that it is issued to   importantly, it is not renewable like other
an individual based on his or her merit therefore      work passes, the PEP holder must apply for
not tied to a specific employer. They do not have      ordinary Employment pass and remain bound
to stay put with an employer because of the            to an employer or alternatively may apply for




                                                                               Copyright © 2011 Rikvin Pte Ltd
Permanent Resident (PR) Status. Since they are
endowed with outstanding skills, qualifications
and track record, PR status for PEP holders will
not be that elusive.


“PEP was launched to attract global talent
of outstanding caliber. It blends a sense of
stability as well as flexibility in a unique way.
Stable, because of assurance of continued stay,
provided the holder is successfully employed
within the stipulated time and flexible because it
assures freedom of choice of employment. Both
are important for talents in transit, who look for
challenges but are not willing to compromise on
autonomy and growth. Most often PEP holders
are more than adequately pepped by the vibrant
economy of Singapore that they continue to
stay by graduating to PR status and the few
venturous types embrace the opportunities
here by opting for normal EPs. Howsoever, PEP
provides an opportunity for a longer courtship
period with Singapore, and deserving talents
keen on Singapore should definitely tap it.”


Next steps:
Rikvin offers PEP application services. Those
wishing to find out more can contact Rikvin via
email ep@rikvin.com or call 6438 8887 for an
obligation-free discussion.




Online Resources

PEP Singapore | Singapore Work Visa Types | Personalised Work Pass



                                                                     Copyright © 2011 Rikvin Pte Ltd
Helpful Links:

Company Registration
Immigration
Accounting
Taxation Services
Offshore Incorporation




RIKVIN PTE LTD

20 Cecil Street, #14-01, Equity Plaza, Singapore 049705

Main Line : (+65) 6438 8887
Fax : (+65) 6438 2436
Email : info@rikvin.com
Website : www.rikvin.com




This material has been prepared by Rikvin for the exclusive
use of the party to whom Rikvin delivers this material.
This material is for informational purposes only and has
no regard to the specific investment objectives, financial
situation or particular needs of any specific recipient.
Where the source of information is obtained from third
parties, Rikvin is not responsible for, and does not accept
any liability over the content.




                            Copyright © 2011 Rikvin Pte Ltd

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Singapore personalised employment pass rikvin

  • 2. PERSONALISED EMPLOYMENT PASS (PEP) Now that the economic epicenter has shifted towards the east, the opportunities in this part of the globe is both abundant PEP: the ideal work visa for and attractive. Foreign talent in pursuit of such opportunities in exceptional foreign talents targeting Singapore Singapore can take advantage of the Personalized Employment Pass. • Based on merit - not tied to a specific employer. The globalization and the resultant free flow of capital, goods • Valid for 5 years and non- renewable. and people and exchange of information have tipped off a trend • PEP holders are entitled to stay – talent in transit. Exceptionally qualified and skilled people seek in Singapore for up to 6 months and seize the opportunities and Singapore, being the hub of Asia in between jobs. and a significant center of growth, offers irresistible opportunities for such people. Although there are several work passes available, the Personalized Employment Pass hosts some unique merits that sets it apart from the rest and it is available for a privileged few with exceptional skills, qualifications or professional track record. PEP is a work visa which is issued to a foreigner based on the applicant’s merit. Copyright © 2011 Rikvin Pte Ltd
  • 3. ELIGIBILITY CRITERIA Foreigners who fit any of the following criteria work pass constraints. They have the flexibility become eligible to apply for the PEP: and liberty to switch jobs at their free will and explore opportunities. • Overseas foreign professional whose last drawn fixed monthly salary overseas was at Moreover, PEP holders are entitled to stay in least $8,000. They should not have remained Singapore for up to 6 months in between jobs to unemployed for more than six months. evaluate employment opportunities. On finding the right fit, they may hit the ground running • Current holders of employment passes such without having to go through the EP application as, P1, P2 and Q1. While the P2 pass holders hassles. This also makes it easier for the hiring are required to have held that status for at company because it reduces the work on their least two years the Q1 Pass holders ought to side as well as a high value resource becomes held the status for at least five years. Both available to them almost instantly. Thus it will should have earned a fixed salary of minimum enhance the holder’s attractiveness to the S$34,000 in the preceding year. There are no potential employers as well as unfold unlimited restrictions of minimum holding period on opportunities. P1 pass holders. An individual can apply for PEP in his individual • Former P1 pass holders who are presently capacity even before he has a job in Singapore. not staying in Singapore are also eligible to PEP is valid for five years and non renewable. PEP apply for PEP. At the point of application, holders are eligible to bring his/her spouse and the former P1 Pass holders should not have children below 21 years of age on Dependant remained unemployed for more than six Passes. A P Pass holder can also bring his/her months. parents and parents-in-law on Long Term Visit Passes. • Foreigners graduated from institutions of higher learning in Singapore with at least PEP has certain limitations, any changes in two years of working experience on a P or employment, local contact, address, travel Q1 Pass. A minimum fixed salary of at least document etc must be duly updated with the $34,000 in the preceding year is also a MOM and the PEP holders have to declare prerequisite. to the MOM, their annual earnings within 30 days at the end of each calendar year. More The key highlight of the PEP is that it is issued to importantly, it is not renewable like other an individual based on his or her merit therefore work passes, the PEP holder must apply for not tied to a specific employer. They do not have ordinary Employment pass and remain bound to stay put with an employer because of the to an employer or alternatively may apply for Copyright © 2011 Rikvin Pte Ltd
  • 4. Permanent Resident (PR) Status. Since they are endowed with outstanding skills, qualifications and track record, PR status for PEP holders will not be that elusive. “PEP was launched to attract global talent of outstanding caliber. It blends a sense of stability as well as flexibility in a unique way. Stable, because of assurance of continued stay, provided the holder is successfully employed within the stipulated time and flexible because it assures freedom of choice of employment. Both are important for talents in transit, who look for challenges but are not willing to compromise on autonomy and growth. Most often PEP holders are more than adequately pepped by the vibrant economy of Singapore that they continue to stay by graduating to PR status and the few venturous types embrace the opportunities here by opting for normal EPs. Howsoever, PEP provides an opportunity for a longer courtship period with Singapore, and deserving talents keen on Singapore should definitely tap it.” Next steps: Rikvin offers PEP application services. Those wishing to find out more can contact Rikvin via email ep@rikvin.com or call 6438 8887 for an obligation-free discussion. Online Resources PEP Singapore | Singapore Work Visa Types | Personalised Work Pass Copyright © 2011 Rikvin Pte Ltd
  • 5. Helpful Links: Company Registration Immigration Accounting Taxation Services Offshore Incorporation RIKVIN PTE LTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Line : (+65) 6438 8887 Fax : (+65) 6438 2436 Email : info@rikvin.com Website : www.rikvin.com This material has been prepared by Rikvin for the exclusive use of the party to whom Rikvin delivers this material. This material is for informational purposes only and has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Where the source of information is obtained from third parties, Rikvin is not responsible for, and does not accept any liability over the content. Copyright © 2011 Rikvin Pte Ltd