1. Latest News
  2. Submit Press Release

Singapore Amends Foreign Manpower Act; Expatriates Affected

In recently implemented amendments to Foreign Manpower Act (EFMA), Singapore has increased law enforcement capabilities of its Ministry of Manpower (MOM)

Dec. 31, 2012 - PRLog -- Singapore’s Employment of Foreign Manpower Act: Important Changes

·         Substantial increase of the minimum annual fixed salary requirement for foreign workers using the PEP, from approximately US$28,000 to US$120,000. This increase would be implemented by December 1, 2014 and is applicable for all employees who do not require employer sponsorship.

·         Introduction of severe administrative penalties of US$20,000 or higher per incident. Moreover, the penalties increase for wealthier employers.

·         New increased investigatory powers with MOM, however details on extent of the powers are still awaited.

·         The term of PEP reduced from 5-years to 3 years. The new amendments allow the PEP holders to invite spouses and children to Singapore.

The new legislation will affect expatriate workers and companies doing business in Singapore. However, the current PEP holders can use current passes till expiration of the term or June 30, 2015, whichever comes first. The existing PEP system will be available till December 1, 2012 for holders having specific Singapore work visas (P1 Pass, P2 Pass, Q1 Pass, and Employment Pass) and earning minimum of US$28,000 per annum.

For more information on this topic email media@nair-co.com

Get the latest press releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts (http://www.nair-co.com/newsandannoucement.aspx).

--- End ---

Click to Share

Contact Email:
Source:Nair & Co.
Location:United States
Tags:Singapore amends EFMA, Singapore’s Ministry, of Manpower

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “


Trending News...

Like PRLog?
Click to Share