Latest Singapore Employment Pass Stats Sees Foreign Talents Squeezed from Job Market, According to One Visa Ltd

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The latest statistics released by the Singapore Ministry of Manpower clearly shows that employment pass applicants now face a stricter and more punctilious assessment while trying to get a chance to live and work in Singapore, according to One Visa Ltd.

The latest statistics released by the Singapore Ministry of Manpower clearly shows that employment visa applicants now face a stricter and more punctilious assessment while trying to get a chance to live and work in Singapore. Within Fair Consideration Framework, Singaporean government prioritized hiring of Singaporean citizens and permanent residents, suggesting that companies should consider them first for jobs positions. The new rule that worked great for Singaporeans squeezed foreign talents from the market. The decreased number of Employment Pass holders in 2013 (172,100) compared to 175,400 in 2011 reveals the trend: obtaining work visa by foreigners in Singapore became harder if they don’t count on competent assistance.

Many companies offer help in preparing documents for applying for employment pass and getting a comprehensive pre-qualification (assessment) becomes crucial in today’s rough MOM’s policy.

There are currently 4 types of work passes and visas that allow foreign professionals to live and work in Singapore: the Employment Pass, the S-Pass, the Personalized Employment Pass (PEP), the Entrepreneurial Pass (Entre-pass). Each of them is suitable for a particular type of expat and his or her dependents.

The Ministry of Manpower has significantly tightened the criteria for the granting of these passes. According to Cheng King Heng, Senior Immigration & Work Visa consultant at One Visa Singapore, “Success of getting approved for employment visas can hinge on a number of factors that some individuals, especially those not well acquainted with the Singapore environment may find difficult to understand.”

For example, such factors are:

  • The salary of the individual concerned.
  • The educational qualifications and professional experience of the applicant.
  • The unique skills that bring to the Singapore business environment.
  • The merits of the company (how established it is and its financial history).

Mr. Heng states that meeting MOM’s requirements depends on competent evaluating of these factors for every client before applying. His company offers a free assessment that helps clients to choose the most suitable employment pass and get equipped for successful application.

Cheng emphasizes that despite the criteria used by the Singaporean MOM are transparent, those not familiar with the system may find it challenging to manage the application process. He adds: “We urge those who are considering Singapore as a business destination to carefully consider the potential challenges that the application process may present. New criteria make it extremely important that applicants consult a professional work pass consultant in order to reduce the time it takes to prepare documentation, ensure that the documentation and details that they supply are appropriate and manage the application process.”

In the current year, One Visa guided 325 applicants through the process of obtaining their employment visas (EP/S-pass/DP), and 291 of them got their passes approved successfully. In the past 2013 year, due to competent assistance, 260 applicants (of 300) got their employment passes.    

MORE ABOUT ONE VISA:

One Visa is the only agency in the Asia Pacific region that specialises in assisting both private individuals and professionals in obtaining Angolan Visas.

One Visa is a Singapore-based consulting firm that specialises in providing solutions to Immigration, Recruitment and Incorporation matters to both the corporate clients and individuals.

One Visa Offers specialized immigration service to obtain Singapore Work Visa, Permanent Residency and Angola Visas. In addition, the company provides recruitment services from Junior to Mid-Level Executives as well as Technical specialists for IT, Finance, Oil & Gas Sectors.

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Roger, POON Senior Immigration & Work Visa consultant
@one_visa
since: 03/2011
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