Employment Pass minimum salary raised to S$5,600 (S$6,200 financial services)

MOM raised the Employment Pass minimum monthly salary from S$5,000 to S$5,600 for general sectors and from S$5,500 to S$6,200 for financial services, effective for new applications from 1 January 2025 and renewals from 1 January 2026. Age-band progression also recalibrated — minimum for mid-40s applicants now S$10,700 / S$11,800.