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Posted on July 26 2024

Singapore's new skilled worker visa requires a minimum of 40 points. Check yours now!

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By  Editor
Updated July 26 2024

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Highlights: New Singapore Skilled worker Visa requires only 40 points to qualify

  • Eight Indian universities are eligible for the points-based system for the new Skilled Worker visa in Singapore.
  • The new framework for the Singapore Skilled Worker Visa will be implemented on September 01, 2024.
  • Renewal applicants must score a minimum of 40 points under the Complementarity Assessment Framework (COMPASS).
  • Several job opportunities for digital talents have been reported in Singapore.

*Willing to work in Singapore? Y-Axis is here to provide complete assistance!

Singapore's New Framework for Skilled Worker Visa

The Singapore IT industry has announced a points-based system as selection criteria for skilled worker visa candidates. Only eight Indian universities qualify for the point-based system, while all nationalities are to be given equal weightage.

Singapore will be implementing the new framework from September 01, 2024. Renewal applicants must score at least 40 points under the new Complementarity Assessment Framework (COMPASS) and meet the salary requirements to acquire the Singapore Employment Pass.

IIITs are the top choice for Singapore when selecting candidates for the visa. Graduates from IIT Delhi and IIT Bombay can get 20 points, while those from the other IITS and IISCs will get 10 points under the qualifications pillar of COMPASS.

Job Vacancies in Singapore

The vice president of Global Trade development at Nasscom, Shivendra Singh, reported that Singapore needs skilled digital talents. The country is inviting skilled professionals on non-immigrant visas and the Employment Pass (EP).

In a recent announcement, Singh commented, “India is known as a global hub for digital talent. Given our focus on STEM education, there is a large pool of digitally skilled workforce available in India as compared to the rest of the world”. According to Nasscom, more job roles are to be included in the Shortage Occupations List, where applicants can get a bonus of 20 points if their job role is listed under the Shortage Occupations List.

The top in-demand professions in Singapore are listed in the table below:

Occupation

Average annual salary

IT and software

S$66,000 – S$93,450

Engineering

S$39,773 – S$83,280

Finance and Accounting

S$48,000 – S$84,000

Human Resource Management

S$48,000 – S$96,000

Marketing and Sales

S$42,000 – S$70,120

Healthcare

S$44,900 – S$71,412

Hospitality

S$46,200 – S$72,000

STEM

S$38,400 – S$45,600

Teaching

S$33,910 – S$60,000

Nursing

S$40,600 – S$60,000

Business Management

S$60,000 – S$96,000

  Read more…

Most In-Demand jobs in Singapore

 

*Are you looking for step-by-step assistance with Singapore Immigration? Contact Y-Axis, the world’s No. 1 overseas immigration consultancy.

For recent immigration updates, check out Y-Axis Immigration News!

 

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