ASEAN Briefing, Nov. 19, 2020

The Tech.Pass program is an extension of the Tech@SG program, which assists fast-growing companies access critical talent to scale their business in Singapore and the region.

Unlike the Employment Pass, the Tech.Pass scheme does not require the sponsorship of a local employer, giving the professional greater flexibility in their activities, such as being an employer, investor, starting a business, or becoming a director or consulting in one or more Singapore-based tech companies. This work permit also allows holders to switch between employers.

Who is eligible to apply?

The government has imposed strict eligibility criteria for Tech.Pass applicants. They must satisfy at least two of the following conditions:

• Their last fixed monthly salary of at least S$20,000 (US$14,852), or its equivalent in foreign currency;
• Having at least five years of experience in a leading role in a tech company that has a market valuation of at least US$500 million or have raised at least US$30 million in funding; or
• Having at least five years of experience in a leading role in the development of a tech product that has at least 100,000 monthly active users or at least garnered US$100 million in annual revenue.

In full: https://www.aseanbriefing.com/news/singapore-to-issue-tech-pass-visa-in-2021-key-features/