What is foreign worker levy in Singapore?

The foreign worker levy, commonly known as “levy”, is a pricing mechanism to regulate the number of foreign workers in Singapore. The levy liability will start from the day the Temporary Work Permit or Work Permit is issued, whichever is earlier. It ends when the permit is cancelled or expires.

How much is the levy for work permit in Singapore?

Levy rate

Tier Quota % Monthly levy rate
Basic / Tier 1 Up to 10% of the total workforce $330
Tier 2 Above 10% to 18% of the total workforce $650

How is foreign worker levy calculated in Singapore?

There are no levy tiers for the construction, process and marine shipyard sectors.

  1. Levy tiers. Manufacturing sector. Services sector.
  2. Tier 1. T1 = 25% x total workforce. T1 = 10% x total workforce.
  3. Tier 2. T2 = (50% x total workforce) – T1. …
  4. Tier 3. T3 = No. …
  5. 1st: S Pass holders. 2nd: Higher-skilled WP holders.
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31.03.2021

How do I check my foreign worker levy amount?

To check:

  1. Log in to your Corppass account.
  2. Go to assigned eServices tab. You should see Check and pay levy, and Work Permit transactions for domestic helpers and confinement nannies listed as your assigned eServices.

How much is the levy for work permit holders?

With the announcement, the levy rate for the basic tier of S-Pass holders is $330 while the levy rate for other S-Pass holders is $650. The levy rate for work permit holders in the construction, services and manufacturing sectors are between $300 and $950.

What is the minimum salary for work permit in Singapore?

Only eligible candidates will be considered for an Employment Pass. Criteria include a minimum salary of $4,500 and acceptable qualifications. Use the Self-Assessment Tool to check a candidate’s eligibility before you apply.

Can PR stay in Singapore without job?

Singapore PRs are permitted to live, work, study, and retire in Singapore without any time limit. PR status is robust in practice but not absolute.

How many years can a foreign worker work in Singapore?

A Work Permit (WP) is generally issued to foreign unskilled and semi-skilled workers. The duration of a Work Permit is generally 2 years, subject to the validity of the worker’s passport, the security bond and the worker’s employment period, whichever is shorter.

Is levy paid monthly?

What is a Levy? The levy is a monthly instalment paid by sectional title unit owners which facilitates the efficient day-to-day maintenance and management of the communal property of a Sectional Title Scheme.

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How can foreign workers levy be reduced?

Upgrading your worker to higher-skilled status will reduce your levy bill. The exact levy rate depends on your sector. You pay a lower levy for workers with higher-skilled status.

How much is foreign domestic worker levy in Singapore?

Levy rate

Type of levy Monthly rate Daily rate
Normal (1st FDW) $300 $9.87
Normal (Subsequent FDWs) $450 $14.80
Concessionary $60 $1.98

How do I make a levy payment?

When and how to pay the levy

You must pay the levy via General Interbank Recurring Order ( GIRO ). If you don’t have a GIRO account, apply for one using the GIRO application form. We will notify you of the outcome and start date of your GIRO deduction by post within one month.

What is a levy charge?

The noun levy refers to a charge, such as a tax, fine, or other fee, that is imposed on something. The verb levy is used to describe the act of imposing or collecting the charge. If you need to raise money, for example, you may decide to levy a fine on your family every time you have to make the coffee in the morning.

Who pays foreign worker levy?

As an employer, you don’t have to pay Central Provident Fund ( CPF ) contributions for foreign workers. However, you must pay a monthly levy for Work Permit holders.

What is the minimum salary for S Pass?

Only eligible candidates will be considered for an S Pass. Criteria include a minimum salary of $2,500 and acceptable qualifications. Use the Self-Assessment Tool to check a candidate’s eligibility before you apply.

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What is the difference between Work Permit and S Pass?

Work Permit is a type of work visa in Singapore. … The Work Permit is issued for 2 years. It is re-issued every 2 years for up to 10 years. Unlike S Pass, Work Permit holders cannot bring their family along with them.

Notes from the road