Singapore to launch new pass for foreign tech industry experts; applications open in January
A total of 500 slots for Tech.Pass will be available for applications upon its launch, said EDB in the media release, adding that the programme is aimed at attracting “founders, leaders and technical experts with experience in established or fast-growing tech companies”.
Pass holders will have the flexibility to participate in activities such as starting and operating a business, or be an investor, employee, consultant or director in Singapore-based companies. They can also act as a mentor to start-ups or lecture at local universities.
To be eligible, applicants must meet at least two of the following requirements:
- Have a last drawn fixed monthly salary in the past year of at least S$20,000
- Have at least five cumulative years of experience in a leading role in a tech company with a valuation or market cap of at least US$500 million or at least US$30 million funding
- Have at least five cumulative years of experience in a leading role in the development of a tech product that has at least 100,000 monthly active users or at least US$100 million revenue