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#SGBudget2022: Minimum salaries for Employment Pass, S-Pass holders to increase from September
The minimum qualifying salary for new EP holders will from Sep 1 be raised to S$5,000 from S$4,500. For the financial services sector, which has higher salary norms, the minimum will go up to S$5,500, from S$5,000.
The qualifying salaries for older EP applicants, wich increase progressively with age, will also be raised in tandem.