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Immigration News Alert

Singapore: Increase to the Local Qualifying Salary

Key Points  

  • Singapore will implement a new wage policy that will become effective on 1 July 2024 

Overview  

The government of Singapore will implement a new wage policy that will become effective on 1 July 2024. As a result, companies will only be permitted to include local employees earning at least SGD 1,600 (previously SGD 1,400) in their foreign worker quota allocation. This policy guarantees fair compensation for local workers before companies hire foreign workers.  

Looking Ahead  

Continue to check the government of Singapore’s website and Envoy’s website for the latest updates and information.  

Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. Envoy Global is not a law firm, and does not provide legal advice. If you would like guidance on how this information may impact your particular situation and you are a client of the U.S. Law Firm, consult your attorney. If you are not a client of the U.S. Law Firm working with Envoy, consult another qualified professional. This website does not create an attorney-client relationship with the U.S. Law Firm. 

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