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IMPACT — MEDIUM
The Singaporean government will introduce the Overseas Networks and Expertise (ONE) pass in January 2023.
Key Points:
Additional Information: Individuals with outstanding achievements in arts and culture, research and academia, sports, science or technology can qualify for the ONE pass without meeting salary requirements. A factsheet including more information on the ONE pass is available here.
BAL Analysis: The Singaporean government first announced the ONE pass in August 2022 alongside other changes to their work pass framework to attract more highly skilled foreign nationals to live and work in the country. Foreign nationals will benefit from the ONE pass by having greater employment flexibility, including not needing to apply for a new pass if they change jobs and being able to work for multiple companies at the same time.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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