Singapore to Increase Minimum Salary for Employment Pass Applicants in 2025

The move aims to create better job opportunities for locals and ensure fair competition, while continuing to attract global talent.

Singapore will increase the minimum monthly qualifying salary for new Employment Pass (EP) applicants to S$5,600 from S$5,000 starting in 2025.
The financial services sector will see a higher minimum qualifying salary of S$6,200, up from S$5,500.
For EP renewal applications, the new qualifying salary will take effect in 2026.
Singapore introduces initiatives to support Singaporeans gaining overseas work experience, aiming to develop local corporate leaders and expand businesses internationally.
The changes aim to create more job opportunities for locals and ensure a level playing field, while continuing to attract top global talent.