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Aug 03, 2017

Introduced an enhanced visa scheme to attract promising foreign startup talents

Effective from 3 August 2017, Singapore introduced an enhanced 'EntrePass' scheme to attract global startup talents to build innovative businesses. The new scheme has broadened the evaluation criteria for global start-up founders to attract more promising foreign start-up talents. The paid-up capital requirement of 50,000 Singapore dollars has also been removed. 'EntrePass' is a work visa for foreign entrepreneurs who are keen to start a business in Singapore in areas such as deep technology, introduced in 2003.

Type: Promotion and facilitation (Investment facilitation )

Industry: Not industry specific