In order for a sponsor to be eligible to apply for LTVP for a family member, the sponsor must meet the following requirements
*** - PMEs are defined as professionals, managers and executives who are Singaporean or permanent residents, earn a monthly salary of at least SGD 3,600 and have been contributing to the Singapore Pension Fund for at least 3 months.
1 local PME equates to 3 LQS. For example, to qualify for 6 LQS, you can hire 3 LQS and 1 local PME.
** - LQS refers to Singaporeans and Permanent Residents (PRS) who earn a monthly salary of at least SGD 1,300 and have been contributing to the Singapore Pension Fund for at least 3 months.
* - Annual business expenses are calculated by subtracting the following expenses from total operating expenses:
Have a valid work visa
Salary of at least SGD 6,000 (4,400 USD) to sponsor applicant's spouse and children
Salary of at least SGD 12,000 (8,800 USD) to sponsor applicant's parents
If the sponsor is an Employment Pass/Personalized Employment Pass/Spass holder, the sponsor must:
Employment Pass/ Personalized Employment Pass/S Pass:
Legal or common-law spouses and children
Your annual business expenses* should be at least
To qualify for dependent visas for family members, EntrePass holders must meet minimum annual business and job creation requirements for local employees
Expenses associated with the acquisition of royalties, franchises and fees for technical know-how from foreign companies.
Expenses due to outsourcing of work abroad.
The entire amount of remuneration for EntrePass holders.