Two of the work visas of Singapore which could be obtained by eligible foreigners are the Employment Pass and the Personalized Employment Pass. Due to their differences, there are some who might be considering the advantages of owning both of these visas at the same time.

Hold EP and PEP at the same time

The government of Singapore has provided various work visas which may be used by any foreigner who intends to work in Singapore. The government recognizes that the contributions which are made by Singapore’s foreign workers serve to boost the economic development of the country. The work visas which it supplies thus do much to compel foreigners to work in Singapore and in turn benefit Singapore’s business scene and economy. Two such business visas are the Employment Pass (EP) and the Personalized Employment Pass (PEP).

Simultaneous Ownership of an Employment Pass and a Personalized Employment Pass

According to Ministry of Manpower (MOM), if a foreigner have an Employment pass and wants to apply for a Personalised Employment. The foreigner should inform their company to cancel your Employment pass. Therefore, it is not possible to have both Employment pass and the Personalised Employment pass at the same time.

Furthermore, if you have two passes, it will be hard for MOM to know the foreigner’s status in Singapore. Therefore, foreigners are only allowed to be one pass holder.

This leads us to the question, which pass should I go for?

The advantages and disadvantages of PEP is listed below with comparison to EP for an easy evaluation to which pass you should go for.

 Advantages of PEP

  • One advantage inherent to the Personalized Employment Pass which is not applicable to the Employment Pass lies in the fact that the Personalized Employment Pass grants its holder additional flexibility to seek any employment opportunity in Singapore of the holder’s choice.
  • The PEP holder can be without a job for up to 6 months to look for for new employment. The validity of a PEP is 3 years and is not renewable upon expiry.

Disadvantages of PEP

  • The validity of a PEP is 3 years and is not renewable upon expiry while the Employment pass is renewable.
  • The PEP application takes about 8 weeks to process while the EP application takes about 3 weeks to process.

The Main Disadvantage of PEP

A PEP holder cannot be a shareholder in an ACRA-registered company while holding a role of a sole proprietor/partner/director at the same time. This would mean that if you would like to be a business owner, PEP is not applicable for you. However, EP holders can.

After revaluating your options if you would like to apply for the Employment pass, our trusted advisors from Paul Hype Page will be glad to assist you to help you in your journey in acquiring your Employment pass. Getting an employment pass has never been easier!

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Employment Pass

The Employment Pass (EP) is the work visa which is most frequently issued in Singapore. It is primarily intended to be used by foreign professionals who have made plans to live and work in Singapore. We at Paul Hype Page & Co have assisted many an Employment Pass applicant with the application for this important visa. If you would like us to do the same for you, contact us at any time. We will see to it that you will receive your Employment Pass in due time.

Personalized Employment Pass

The Personalized Employment Pass (PEP) is another work visa which is available to foreigners who intend to work and live in Singapore. It is intended to be used by high-level professionals.

Either of two criteria must be fulfilled by one who intends to receive a Personalized Employment Pass. The first of these criteria is that of being a current Employment Pass holder who earns a minimum of S$12,000 every month. The second of these is that of being a foreign professional who has been working in another country with a most recent drawn monthly salary of S$18,000 or more.

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