Singapore will raise the qualifying salaries for Employment Pass and S Pass holders from January 2027, Prime Minister Lawrence Wong said in his Budget speech on Tuesday (Feb 12). For Employment Pass holders, the minimum qualifying salary will increase from S$5,600 (US$4,400) to S$6,000. The financial services sector will maintain a higher minimum qualifying salary, which will increase from S$6,200 to S$6,600. For S Pass holders, the minimum qualifying salary will increase fro