[EntrePass holder Jonathan Kwan, a Canadian, is concerned his business will not meet the new requirements - which includes the mandatory hiring of Singaporeans - when it is time for him to renew his permit. He had not planned on hiring help so early in his operations.]

By Ang Yiying

REVISIONS to a scheme for foreigners who want to set up businesses in Singapore are causing jitters among some expatriates.

The amendments to the EntrePass scheme, made at the end of September, have made it more rigorous for new applicants, but those already on it fear they too will be asked to meet the new, higher standards.

Previously, applicants for the pass had to submit a business plan and put down a $3,000 banker's guarantee or get a Singaporean sponsor.

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