Introduction
Singapore has established itself as a premier global business hub, attracting top talent from around the world. To further strengthen its position, the government introduced the Overseas Networks & Expertise Pass (ONE Pass)—a prestigious visa designed for individuals with outstanding achievements in business, entrepreneurship, and leadership. This initiative aims to bring high-caliber professionals who can contribute to Singapore’s economy and innovation landscape.
What is the ONE Pass?
The ONE Pass is a personalized, long-term work visa that offers greater flexibility compared to other work permits in Singapore. It is specifically tailored for individuals with outstanding track records in business, technology, finance, and other high-value sectors.
Key Benefits of the ONE Pass:
- Five-Year Validity: The ONE Pass is issued for an initial five-year period, with the option for renewal.
- Flexible Employment: Holders can work for multiple companies simultaneously and switch employers without reapplying.
- Entrepreneurial Opportunities: ONE Pass holders can establish and operate their own businesses while being employed elsewhere.
- Family-Friendly: Spouses of ONE Pass holders can work in Singapore under a Letter of Consent, easing family relocation concerns.
- Access to Singapore’s Ecosystem: The pass provides access to Singapore’s thriving business network, financial incentives, and investor-friendly regulations.
Eligibility Criteria for Business Leaders
To qualify for the ONE Pass under the business category, applicants must meet one of the following criteria:
- High-Earning Business Professionals
- Must have earned a fixed monthly salary of at least S$30,000 (or its equivalent in foreign currency) in the past 12 months.
- Must have a confirmed job offer in Singapore meeting the same salary criteria.
- Successful Entrepreneurs & Business Leaders
- Individuals who founded or led successful businesses with a strong track record of growth and innovation.
- The company should be reputable and contribute significantly to its respective industry.
- Exceptional Industry Achievements
- Recognized experts or C-suite executives with a history of leadership roles in top global companies.
- Individuals who have played a pivotal role in scaling businesses or launching disruptive innovations.
Why Singapore for Business Professionals?
Singapore offers a dynamic and supportive ecosystem for business professionals and entrepreneurs. With its strategic location, pro-business policies, and world-class infrastructure, it is an ideal place for high-level executives and industry leaders to thrive.
- Business-Friendly Environment: Ranked among the top economies for ease of doing business, with low corporate taxes and minimal bureaucracy.
- Global Financial Hub: Home to a strong financial sector, venture capital networks, and multinational corporations.
- Innovation & Technology: A hotspot for digital transformation, research, and cutting-edge technologies.
- Networking & Collaboration: Access to a diverse community of professionals, investors, and policymakers.
Conclusion
The ONE Pass Singapore is a golden opportunity for top-tier business professionals, entrepreneurs, and industry leaders seeking to expand their careers or businesses in one of the world’s most vibrant economies. With its extensive benefits and flexibility, it serves as an excellent pathway for individuals who have demonstrated exceptional success in the business world and are ready to make a significant impact in Singapore.
Whatsapp to +65 8766 1966 or email to info@iasg.com.sg for ONE Pass enquiries or to book a consultation.
