Singapore
Tech.Pass

Singapore Tech.Pass

An extension of the Singapore Technology Initiative launched in 2019. This programme aims to attract leaders and technologists with extensive experience in established or fast-growing technology companies, thereby contributing to the development of Singapore’s tech ecosystem.

Tech.Pass holders can start businesses and conduct business activities in Singapore, serve on the board or hold executive positions in local companies, or take on roles such as internal mentors and advisors. They may also work as lecturers at institutions of higher learning and conduct corporate trainings or seminars.

That is to say, people applying for the Singapore Tech.Pass can choose their own businesses, employments, industries and positions after being approved, showing the high flexibility Tech.Pass readily offers. Singapore hasn’t launched a new working visa in at least 10 years before the Tech.Pass was launched, making Tech.Pass a rare gem. There are only 500 places available, so seize the opportunity before it’s too late!

Time to residency

2 to 3 months

Visa-free travel

193 countries and regions

Passport rank

1st in the world

Residency requirement

No residency requirement

Taxation

No taxation on capital gains or shareholder dividends

Established time

Program launched in 2021

 

Application Requirements

Any two of the following three criteria must be met for applicants:

  1. Have a last drawn fixed monthly salary (in the last 1 year) of at least SGD 22,500.

  2. Have at least five cumulative years of experience in a leading role in a tech company with a valuation/market cap of at least USD 500 million or at least USD 30 million funding raised.

  3. Have at least five cumulative 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 USD 100 million annual revenue.

With the release of various high-level work passes in Singapore, the EDB confirms that it aims to target Tech.Pass applicants that own scientific research and technology background. If applicants meet criterion 1+3/2+3/1+2+3, they are recommended to apply for Tech.Pass.

If applicants meet criterion 1+2, they need be the founder of a large-scale technology company. If they are only high-level executives of a tech company, they are recommended to apply for PEP, ENT and EP.

Technology Product category: Tangible tech products, Platforms, Software, Systems, Apps, Video games.

** Other industries and products can be evaluated flexibly.

         Program Benefits

High success rate to become a Permanent Resident (PR): The world’s top technology talents are more likely to become Singapore PR.

High flexibility: Free choice of entrepreneurship, employment, industry and position in Singapore.

Lenient criteria: No language, age and asset requirements, no need to explain the source of funds.

Exclusivity: Limited to 500 holders worldwide.

 Low investment: Registration of company’s patent and job               offers from companies are not required at the point of                         application.

No minimum residency is required: Work pass is not affected by the period of residence in Singapore.

Smooth entry and exit: Enjoy automated customs clearance.

Become a Singapore tax resident: Tech.Pass holders can enjoy Singapore’s low tax policies.

Short-term immigration for three generations: The main applicant can apply for Dependent Pass (DP) for legally married spouse and unmarried children under 21 years old, and Long-term Visit Pass (LTVP) for parents once the pass is approved.

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