Singapore Employment Pass salary thresholds to rise in 2027
From 1 January 2027, the baseline EP salary will rise to S$6,000 for most sectors and S$6,600 for financial services for new applications.
What is changing?
Singapore’s Ministry of Manpower announced in March 2026 that the baseline Employment Pass (EP) qualifying salary would rise from S$5,600 to S$6,000 in most sectors, and from S$6,200 to S$6,600 in financial services.
New applications versus renewals
The change is scheduled to apply to new EP applications from 1 January 2027 and renewals from 1 January 2028. Age-adjusted salary thresholds may be higher, and applicants must also meet other relevant criteria, including COMPASS where applicable.
Implications for families
An EP is not the same as permanent residency. Work-pass eligibility and accompanying family arrangements depend on individual circumstances; verify current rules with MOM and ICA before making decisions.
Sources & further reading
Independent Singapore Bridge commentary, not a reproduction of source articles. For general information only. Visa, PR and school admissions are not guaranteed. Always consult the relevant authorities and schools for current requirements.