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Mar 04, 2024 - 17:07
By asia.nikkei.com

Singapore sets higher salary requirement for work visa from 2025

SINGAPORE -- Companies hiring foreign professionals in Singapore next year will need to pay them higher minimum salaries to qualify for work visas, a move that could affect global businesses that plan to send expats to the regional economic hub.

In January, the minimum monthly salary for a new applicant to obtain what is known as an employment pass will be raised to 5,600 Singapore dollars ($4,200), up from the current SG$5,000, Manpower Minister Tan See Leng said in parliament on Monday.