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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 startup founders to attract more promising foreign startup 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