The minimum salary for foreign talent to qualify for an Employment Pass will be raised to $3,000 from $2,800, The Straits Times reported.
At the same time, the educational qualifications requirements will also be tightened.
The tightening measures, which will take effect from January 2012, is aimed at creating a more level playing field between foreigners and locals vying for white collar, professional jobs, said Deputy Prime Minister and Manpower Minister Tharman Shanmugaratnam yesterday.
Speaking at a press conference to release details of the tightening measures, he said Singapore will continue to remain open and attractive to foreign talent.
But, at the same time, the Government wants to ensure that Singaporeans remain the core of the workforce, especially at the professional, managerial and executive level.
He added that some 30,000 EP holders are likely to be affected by the tightening measures.