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New work pass in Singapore for top-tier foreign tech professionals to launch in January
The tech sector is poised to be a large engine of growth for Singapore.
The tech sector is poised to be a large engine of growth for Singapore.ST PHOTO: LIM YAOHUI
Hariz Baharudin
PUBLISHED7 HOURS AGO
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SINGAPORE - A new work pass will be launched next year for top-tier foreign professionals and experts looking to start businesses, lead corporate teams or teach here, in a bid to woo these people to Singapore and develop its high-potential tech ecosystem.
The Economic Development Board announced plans on Thursday (Nov 12) to launch Tech.Pass, which is planned to put Singapore ahead in the global race to attract highly skilled technology professionals in fields such as e-commerce, artificial intelligence and cyber security.
Tech.Pass will be valid for two years, with a one-time renewal for a subsequent two years that will depend on certain criteria. Applications for the pass will start in January 2021, with 500 places available upon launch.
Having such experts in Singapore will not only allow them to bring their capital, networks and know-how to the country's tech ecosystem, but it will also create opportunities for Singaporeans too, said Minister for Trade and Industry Chan Chun Sing.
"Tech.Pass will add to the critical mass of established tech talent in Singapore and create a flywheel effect to further strengthen our position as a leading tech hub for the region," said Mr Chan at the launch of Tech.Pass on Thursday at a dialogue with the European Chamber of Commerce.
The tech sector is poised to be a large engine of growth for Singapore, and a study done by Temasek, Google and consultancy Bain & Company published on Tuesday found that the country's Internet economy - or business conducted online - is on track to reach US$22 billion (S$29.7 billion) by 2025
Sponsored by BlackRock
See More
New work pass in Singapore for top-tier foreign tech professionals to launch in January
The tech sector is poised to be a large engine of growth for Singapore.
The tech sector is poised to be a large engine of growth for Singapore.ST PHOTO: LIM YAOHUI
Hariz Baharudin
PUBLISHED7 HOURS AGO
FACEBOOKWHATSAPP
SINGAPORE - A new work pass will be launched next year for top-tier foreign professionals and experts looking to start businesses, lead corporate teams or teach here, in a bid to woo these people to Singapore and develop its high-potential tech ecosystem.
The Economic Development Board announced plans on Thursday (Nov 12) to launch Tech.Pass, which is planned to put Singapore ahead in the global race to attract highly skilled technology professionals in fields such as e-commerce, artificial intelligence and cyber security.
Tech.Pass will be valid for two years, with a one-time renewal for a subsequent two years that will depend on certain criteria. Applications for the pass will start in January 2021, with 500 places available upon launch.
Having such experts in Singapore will not only allow them to bring their capital, networks and know-how to the country's tech ecosystem, but it will also create opportunities for Singaporeans too, said Minister for Trade and Industry Chan Chun Sing.
"Tech.Pass will add to the critical mass of established tech talent in Singapore and create a flywheel effect to further strengthen our position as a leading tech hub for the region," said Mr Chan at the launch of Tech.Pass on Thursday at a dialogue with the European Chamber of Commerce.
The tech sector is poised to be a large engine of growth for Singapore, and a study done by Temasek, Google and consultancy Bain & Company published on Tuesday found that the country's Internet economy - or business conducted online - is on track to reach US$22 billion (S$29.7 billion) by 2025