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Will the EP threshold increase after the introduction of the scoring mechanism? Which talents does Singapore prefer? How did he successfully get approved?

As we all know, Singapore’s new regulations for the Employment Pass (EP) will be implemented in September, and the application threshold will be raised. In addition to meeting the minimum salary requirement, applicants will need to earn a certain score through a new evaluation framework.

Which of the talents does Singapore prefer, and how can applicants increase their “scores” to allow themselves to increase their chances of approval? Recently, Go Global Gem assisted a client in successfully obtaining the Singapore EP. Let’s take a closer look at how he managed to enhance their profile.

Picture from Lianhe Zaobao

What talents does Singapore need?


1. Singapore’s Top Three Preferred Categories

Which talents are in demand in Singapore? What skills can increase the probability of approval?

The first category consists of individuals with substantial wealth. For example, Zhang Yong, the founder of the famous hotpot, Hai Di Lao, and Li Xiting, the Chairman of Mindray Medical, belong to the group of billionaires.

The second category includes high-tech professionals or those in occupations with local skill shortages. For instance, talents in biomedicine and financial technologies. To increase the chances of approval, one must possess either a master’s or doctoral degree, able to demonstrate a certain amount of savings, and pursue an employer-sponsored career route.

The third category may come as a surprise – young children. As long as a child is eligible to participate in significant exams like the Primary School Leaving Examination (PSLE) or the GCE “O” Level examination and secure admission into a reputable school, obtaining a permanent residency (green card) becomes relatively easy. However, adults face more significant challenges as Singapore prefers children to fully immerse themselves in the local culture and contribute to the country from an early age.

Overall, while Singapore does appreciate wealthy individuals, they value talents who can provide employment opportunities in the country. They also seek individuals who are willing to contribute value to the nation, stay in Singapore, actively integrate into local life, and wholeheartedly contribute to the country’s progress.

Picture from unsplash.com

2. Singapore Talent Attraction Strategies

In order to attract established companies from around the world to set up operations in Singapore and to attract more overseas talents, Singapore has introduced various programs and incentives. These include the Global Investor Program (GIP) for global business investors, the Headquarters (HQ) program, the Family Office (FO) scheme, the Financial and Treasury Centre (FTC) incentive, and other solutions that facilitate quick company setup in Singapore while also providing certain tax benefits.

Additionally, Singapore has introduced various work pass schemes to attract overseas talents. These include the Tech.Pass for technology professionals, the EntrePass for entrepreneurs, the EP for employment, the PEP for personalized employment, and the ONE Pass for top-tier professionals.

3. Shortage Occupations in Singapore

Singapore, in collaboration with Lianhe Zaobao, has published a list of 27 different occupations that are lacking in Singapore. This list is jointly developed by the Ministry of Manpower and the Ministry of Trade and Industry, and it is reviewed and adjusted every three years, or possibly annually based on market conditions.

If you belong to any of these shortage occupations or if you are in the process of applying for the Singapore EP, please contact Go Global Gem promptly. We can evaluate your situation and provide you with tailored solutions.

27 Shortage Occupations

Field

Occupation

Agricultural Technology

Alternative protein food applications Scientist

New food biotechnologist

Financial Service

Financial/investment Advisors (High Net worth/Ultra High Net worth family offices and charities)

Green Economy

Carbon project manager

Carbon trader

Carbon Standards and Metrics Analyst

Carbon certification and auditing experts

Medical Care

Clinical psychologist

Physiotherapist

Radiologist

Registered nurse

Occupational therapist

Information Technology

Artificial Intelligence scientist/engineer

Digital forensics expert

Application/systems programmer

Penetration tester

Cloud technologist

Digital product manager

Cyber risk expert

Software and Applications Manager (Technical Supervisor)

Network security designer

Software developer

Cyber security operations expert

Web and mobile application developer

Data scientist

Maritime

Maritime supervisor

Marine technical director

Mr. W’s Overseas Planning Story

Mr. W, aged 48, graduated from Huazhong University of Science and Technology, a prestigious national university in China and a member of the “985” and “211” projects, with a Bachelor’s degree in Engineering.

After graduation, Mr. W worked in a financial institution in southwestern China. With 26 years of experience in the financial industry, he has obtained extensive levels of expertise in his career. Currently, he serves as an IT Technical Manager, responsible for managing and guiding project teams to ensure timely delivery and to meet quality requirements.

In his spare time, Mr. W has a great passion for sports, particularly excelling in long-distance endurance races, specializing in extreme off-road events worldwide. He has gained recognition as a renowned trail runner in China, winning numerous championship titles and receiving media attention. In addition to completing hundreds of trail races, he also enjoys participating in Ironman triathlons.

With personal and family financial accumulation, Mr. W discussed with his family and started planning their journey abroad. They aimed to provide for their parents’ retirement, ensure their children receive a good education, and also pursue their careers. Singapore emerged as their best choice.

Based on Mr. W’s situation, the client manager at Go Global Gem developed a self-employed EP (Employment Pass) scheme for him. With his expertise in IT and finance, as well as his outstanding achievements in sports, Mr. W gained significant points in his Singapore EP application. As a result, his EP application was successfully approved in just 5 days.

Recently, Go Global Gem has been able to secure EP approvals for clients within 3 to 5 working days. If you have similar needs, please contact us immediately.

Picture: Mr. W’s EP was successfully approved, any stolen pictures will be investigated!

How to Improve the Success Rate of EP Applications

Starting from September 1st this year (2023), the Singapore EP application process will implement the COMPASS framework scoring system, which consists of 4 main assessment criteria and 2 secondary assessment criteria, with a passing score of 40 points.

The 4 Foundational criteria are: Salary, Qualifications, Diversity, and Support for local employment. Each criterion can score a maximum of 20 points.

The 2 Bonus criteria are additional points factors, including Skills Bonus: Shortage Occupation List (Individual) and Strategic Economic Priorities Bonus (Firm-related).

In summary, as long as you achieve a score of 40 points, you have the opportunity to apply for an EP, but it does not guarantee approval. Even if you fail to meet any of the 6 criteria mentioned, it does not mean that it is impossible to apply for an EP.

Foundational criteria

Points

C1. Salary (Individual)

Fixed monthly salary compared to local professionals, managers, executives and technicians (PMET) salaries in sector by age

≥ 90th percentile

20

65th to < 90th percentile

10

< 65th percentile

0

C2. Qualification (Individual)
Based on candidate’s qualifications

 

Top-tier institution

20

Degree-equivalent qualification

10

No degree-equivalent qualification

0

C3. Diversity (Firm-related)
Share of candidate’s nationality among firm’s PMETs.*

 

< 5%

20

5 to < 25%

10

≥ 25%

0

C4. Support for local employment (Firm-related)
Firm’s share of local PMETs within its sector*

 

≥ 50th percentile

20

20th to < 50th percentile

10

< 20th percentile

0

Bonus criteria

 

C5. Skills Bonus – Shortage Occupation List (Individual)

 

Job on the Shortage Occupation List

+20

C6. Strategic Economic Priorities Bonus (Firm-related)

 

Firm meets specific assessment criteria on innovation or internationalisation activities

+10

Information from MOM official website

As the saying goes, “When you lose in the east, you may gain in the west.” As long as you can compensate for the points in other criteria, you still have a chance. Therefore, should you have any questions or concerns during your EP application, please feel free to contact Go Global Gem, and we will provide you with professional solutions to suit your needs.

Now, let us recommend three ways to “earn points”:

1. Occupational Bonus Points (Individual)

If you belong to the aforementioned 27 occupations, you will be considered as a talent in high demand in Singapore, which will greatly assist your EP application.

2. Educational Bonus Points (Individual)

If you have graduated from world-renowned universities such as the National University of Singapore, Nanyang Technological University, Peking University in China, Tsinghua University, etc., it will also help improve your chances of EP approval. Similarly, Singapore has published a list of 120 recognized “top-tier institutions” through the Lianhe Zaobao newspaper.

(Note: The list provided is not extensive. Please let us know if you require the full list of approved Universities)

Group A institutions: 20 points for all faculties

 

Institution name

Country/region

Brown University

United States of America

California Institute of Technology

United States of America

Carnegie Mellon University

United States of America

Chulalongkorn University

Thailand

City University of Hong Kong

Hong Kong

Columbia University

United States of America

Cornell University

United States of America

Duke University

United States of America

Ecole Polytechnique Federale de Lausanne (Swiss Federal Institute of Technology Lausanne or EPFL)

Switzerland

Eidgenossische Technische Hochschule Zurich (Swiss Federal Institute of Technology Zurich or ETH Zurich)

Switzerland

Fudan University

China

Georgia Institute of Technology

United States of America

Harvard University

United States of America

Imperial College London

United Kingdom

Indian Institute of Technology Bombay

India

Indian Institute of Technology Delhi

India

Institut Polytechnique de Paris (Polytechnic Institute of Paris)

France

Johns Hopkins University

United States of America

Katholieke Universiteit Leuven (KU Leuven)

Belgium

King’s College London

United Kingdom

Kobenhavns Universitet (University of

Copenhagen)

Denmark

Korea Advanced Institute of Science and

Technology (KAIST)

South Korea

Korea University

South Korea

KTH Royal Institute of Technology

Sweden

Kyoto University

Japan

Lasalle College of the Arts

Singapore

Lomonosov Moscow State University

Russia

Ludwig-Maximilians-Universitat Munchen

Germany

Lund University

Sweden

Mahidol University

Thailand

Massachusetts Institute of Technology

United States of America

McGill University

Canada

Monash University

Australia

Nanyang Academy of Fine Arts

Singapore

Nanyang Technological University

Singapore

National Cheng Kung University

Taiwan

National Taiwan University

Taiwan

National Tsing Hua University

Taiwan

National University of Singapore

Singapore

New York University

United States of America

Northwestern University

United States of America

Osaka University

Japan

Peking University

China

Pohang University of Science and Technology

South Korea

Princeton University

United States of America

Rice University

United States of America

Ruprecht-Karls-Universitat Heidelberg (Heidelberg University)

Germany

Seoul National University

South Korea

Shanghai Jiao Tong University

China

Singapore Institute of Technology

Singapore

Singapore Management University

Singapore

Singapore University of Social Sciences

Singapore

Singapore University of Technology and Design

Singapore

Sorbonne Universite (Sorbonne University)

France

Sungkyunkwan University

South Korea

Technische Universitat Munchen (Technical University of Munich)

Germany

Technische Universiteit Delft (Delft University of Technology)

Netherlands

The Australian National University

Australia

The Chinese University of Hong Kong

Hong Kong

The Hong Kong Polytechnic University

Hong Kong

The Hong Kong University of Science and Technology

Hong Kong

The Leland Stanford Junior University (Stanford University)

United States of America

The London School of Economics and Political Science

United Kingdom

The Pennsylvania State University

United States of America

The University of California, Berkeley

United States of America

The University of California, Los Angeles

United States of America

The University of California, San Diego

United States of America

The University of Chicago

United States of America

The University of Edinburgh

United Kingdom

The University of Hong Kong

Hong Kong

The University of Illinois, Urbana – Champaign

United States of America

The University of Leeds

United Kingdom

The University of Manchester

United Kingdom

The University of Melbourne

Australia

The University of Michigan, Ann Arbor

United States of America

The University of New South Wales (UNSW Sydney)

Australia

The University of Queensland

Australia

The University of Sheffield

United Kingdom

The University of Sydney

Australia

The University of Texas at Austin

United States of America

The University of Tokyo

Japan

The University of Warwick

United Kingdom

The University of Western Australia

Australia

Tohoku University

Japan

Tokyo Institute of Technology

Japan

Trinity College Dublin, the University of Dublin

Ireland

Truong Dai Hoc Duy Tan (Duy Tan University)

Vietnam

Tsinghua University

China

Universidad de Buenos Aires (University of Buenos Aires)

Argentina

Universitas Indonesia (University of Indonesia)

Indonesia

Universitat Zurich (University of Zurich)

Switzerland

Universite Paris Sciences et Lettres (Universite PSL)

France

Universite Paris-Saclay

France

Universiteit van Amsterdam (University of Amsterdam)

Netherlands

Universiti Brunei Darussalam

Brunei

Universiti Kebangsaan Malaysia

Malaysia

Universiti Malaya (the University of Malaya)

Malaysia

Universiti Putra Malaysia

Malaysia

Universiti Sains Malaysia

Malaysia

Universiti Teknologi Malaysia

Malaysia

University College London

United Kingdom

University of Auckland

New Zealand

University of Birmingham

United Kingdom

University of Bristol

United Kingdom

University of British Columbia

Canada

University of Cambridge

United Kingdom

University of Durham

United Kingdom

University of Glasgow

United Kingdom

University of Oxford

United Kingdom

University of Pennsylvania

United States of America

University of Science and Technology of China

China

University of Southampton

United Kingdom

University of St Andrews

United Kingdom

University of the Philippines

Philippines

University of Toronto

Canada

University of Washington

United States of America

University of Wisconsin-Madison

United States of America

Yale University

United States of America

Yonsei University

South Korea

Zhejiang University

China

Group B institutions: 20 points for specific faculties only

Institution name

Country/ region

Faculty

Ecole des Hautes Etudes Commerciales (HEC Paris)

France

• Business Administration (for MBAs – master’s degrees)

Instituto De Empresa (IE Business School) (of IE University)

Spain

INSEAD (Institut Europeen d’Administration des Affaires)

France

IESE Business School (of University of Navarra)

Spain

London Business School (of University of London)

United Kingdom

Wageningen University & Research Centre

Netherlands

•Food Science and Technology

EHL Hospitality Business School (Ecole Hoteliere de Lausanne or Hotelfachschule Lausanne)

Switzerland

• Culinary Skills

•Hospitality Management

• Hotel Management

• Pastry & Baking

• Tourism Management

• Tourism Studies

Rhode Island School of Design

United States of America

• Furniture Design

University of the Arts, London

United Kingdom

• Fashion Studies

Royal Veterinary College (of University of London)

United Kingdom

• Biological Sciences

• Veterinary Medicine

•Veterinary Science/Studies

• Wild Animal Health

Rhode Island School of Design

United States of America

• Furniture Design

University of the Arts, London

United Kingdom

• Fashion Studies

Royal Veterinary College (of University of London)

United Kingdom

• Biological Sciences

• Veterinary Medicine

•Veterinary Science/Studies

• Wild Animal Health

Universitas Gadjah Mada (Gadjah Mada University)

Indonesia

• Computer Science

• Information Technology

•Programming & Systems Analysis

•Science(Computer Studies)

Dai Hoc Quoc Gia Thanh Pho Ho Chi Minh (Vietnam National University, Ho Chi Minh City)

Vietnam

Dai Hoc Quoc Gia Ha Noi (Vietnam National University, Hanoi)

Vietnam

Indian Institute of Science, Bangalore

India

Indian Institute of Technology Guwahati

India

Indian Institute of Technology Kanpur

India

Indian Institute of Technology

Kharagpur

India

Indian Institute of Technology Madras

India

Indian Institute of Technology Roorkee

India

Information from Lianhe Zaobao

3、Bonus points for strategic economic planning (enterprise)

Employers who participate in these plans can receive 10 extra points when applying for EP for their employees, valid for three consecutive years. Employers eligible for bonus points will be notified by the Ministry of Manpower before the end of July 2023.

Picture/from Lianhe Zaobao

If the COMPASS evaluation framework is implemented, it is expected that the EP requirements will only increase. Applying early will give you an advantage. If you have such needs, please contact Go Global Gem immediately. We will provide you with professional customized solutions for your overseas immigrations.

If you have any questions, please feel free to contact:Ho Kah Chuan
Email: kahchuanho@goglobalgem.com