What You Should Know About Personalised Employment Pass

WHAT YOU SHOULD KNOW ABOUT PERSONALISED EMPLOYMENT PASS a Rikvin In fographic I www.rikvin.com WHAT IS PERSONALISED EMPLOYMENT PASS ("PEP")? The Personalised Employment Pass ("PEP") is considered a premium pass for top-tier foreign talent. It is based on individual's own merits and independent of any employer. It offers greater flexibility than an Employment Pass. РЕP ELIGIBILITY QUICK FACTS Overseas foreign professionals whose last drawn fixed monthly salary was at least $18,000. (Last drawn fixed montly salary should be no more than six months from the time of application. Who can apply? / Current EP holders earning at least $12,000 a month Overseas foreign professionals earning at least $18,000 a month Employment Pass Holder who earn a fixed monthly salary of at least $12,000. Duration: Up to 3 years Earn a minimum annual fixed salary of $144,000. Renewability: PEP is non-renewable and is issued only recommended to apply for Permanent Resident (PR) status within the period. * The following individuals are not eligible for the PEP: once. PEP holders are Foreigners who are issued with an Employment Pass under the Sponsorship scheme. Under this scheme, their direct employers which companies Singapore-registered office/business entity are overseas do not have a Foreign worker levy or quota: None Privileges: PEP holders are entitled to dependent privileges and sponsorship of long term visit pass for extended family depending on the PEP category. Foreigners who are working or intending to work on a free-lance basis without any direct employers in Singapore Foreigners who are listed as Sole Proprietors, Partners or Directors in a business/company registered with ACRA and are shareholders of that business/company Foreigners working as journalists, editors, sub-editors and producers. REQUIRED DOCUMENTS OUR FEES 1. Copy of Passport 2. Highest Educational Certificate 3. Curriculum Vitae 4. Pay slips and personal bank statement for the past 6 months WORK SCOPE FEES 5. Personal Income Tax Submission of Personalised Employment Pass (PEP) application, including providing details of local contact person, tracking and subsequent follow up, if any Notice of Assessment*** $1,200.00 6. Existing EP coру** 7. Signed PEP form * Fees are excluding 7% GST and government disbursements ** Please note that approval is at the sole discretion of the Ministry of Manpower. *** If applicable NEED HELP WITH YOUR PEP APPLICATION? Our work visa specialists can help you. Call us at +65 6320 1888 for a free consultation. RIKVIN RIKVIN PTE LTD | 30 Cecil Street, #19-08 Prudential Tower, Singapore 049712 Phone: (+65) 6320 1888 | Fax: (+65) 6438 2436 | [email protected] | www.rikvin.com X X