Overseas Network & Expertise (ONE) Pass: A Comprehensive 2024 Guide
Overview of ONE Pass
Singapore’s commitment to attracting top-tier global talent is epitomized by the introduction of the ONE Pass. As a global hub for business, innovation, and technology, Singapore offers the ONE Pass to exceptional talents, aiming to streamline their transition into the city-state’s vibrant economic landscape. This detailed guide serves as an essential roadmap for prospective applicants, detailing eligibility requirements, the application process, and addressing common queries with the goal of optimizing for search engine visibility and user engagement.
What is the ONE Pass?
The Overseas Network & Expertise (ONE) Pass is Singapore’s premier work pass scheme designed for high-caliber professionals, leaders in technology, arts, sciences, and the humanities, as well as those with outstanding achievements in sports and other cultural arenas. Unlike traditional employment passes, the ONE Pass offers greater flexibility, allowing holders to explore various employment opportunities across sectors without being tied to one employer.
ONE Pass Eligibility Criteria
- To qualify for the ONE Pass, candidates must meet stringent requirements that reflect their high level of expertise and potential contribution to Singapore:
- Exceptional Earnings: Applicants should have a fixed annual salary of at least SGD 240,000 in their current or most recent job.
- Outstanding Achievements: Applicants with Exceptional Achievements in Arts, Science, Sports Culture etc.
- It's important to note that the PEP is not available to freelancers or entrepreneurs starting and operating a business in Singapore. Additionally, PEP holders cannot start their own business or engage in entrepreneurial activities.
How to Apply for the ONE Pass?
Navigating the application process for the ONE Pass involves several key steps:
Gather necessary documentation, including:
- Comprehensive CV and professional portfolio.
- Proof of salary (e.g., tax returns, employer’s statements).
- Awards, recognitions, and endorsements from industry leaders.
- Educational certificates and qualifications.
Applications for the ONE Pass are submitted online Via Visa Express. Ensure all information is accurately provided and supported by the relevant documentation.
Upon submission, applications undergo a thorough review process. The MOM may request additional information or clarification to support your application.
The processing time for a ONE Pass application can vary. It usually takes 4 – 8 weeks to process.
Successful applicants will receive an In-Principle Approval (IPA) letter, followed by the formal issuance of the ONE Pass upon completion of any required formalities, including medical examinations if applicable.
Benefits of Holding a ONE Pass
- ONE Pass holders enjoys the following benefits:
- Employment Flexibility: Freedom to switch jobs and contribute across different sectors.
- Long-Term Stay: Provides stability with its validity period, supporting long-term career planning. The ONE Pass is valid for 5 years.
- Family Inclusion: Eligibility to sponsor family members for Dependant’s Passes or Long-Term Visit Passes.
You will be notified of the outcome of your ONE Pass application via email.
If your application is successful, you will be issued an in-principle approval letter.
This letter is valid for 6 months and allows you to start work in Singapore immediately.
Your employer will then need to submit a formal application for your personalised employment pass, along with the required documents and fees.
Once the formal application has been approved, you will be issued an ONE pass which is valid for up to 3 years.
You can collect your ONE Pass from the issuing authority, typically within 5 working days from the date of approval.
Renewal Criteria of ONE Pass
- If you're a working professional planning to extend your career in Singapore with the Overseas Networks & Expertise (ONE) Pass, it's straightforward to keep your options open for the long haul. The ONE Pass can be renewed every 5 years, but you'll need to meet at least one of these two criteria to qualify for renewal:
- Salary Requirement: You've earned an average monthly salary of at least S$30,000 during the last 5 years in Singapore. This shows you're continuing to do well and contribute significantly to the economy.
- Running a Local Business: You've started a company in Singapore and it's doing good business. Specifically, you're employing at least 5 Singaporeans or permanent residents, paying them a monthly salary of at least S$5,000 each. This indicates you're not just working here, but you're also creating valuable jobs for locals.
Frequently Asked Questions (FAQs)
The ONE Pass typically has a validity period that aligns with the holder’s employment contract, up to a maximum of 5 years, and is subject to renewal based on continued eligibility.
Yes, unlike some other work pass schemes, ONE Pass holders have the flexibility to engage in entrepreneurial activities and start their own businesses.
ONE Pass holders are allowed a grace period to find new employment in Singapore, maintaining their pass validity during this time.