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Commentary - Is there a Place for Foreign Talent in Singapore post Covid-19?

As Singapore nears the end of the Circuit Breaker measures, the impact that the virus has both economically and socially has been highly apparent. This does not only affect our well-being and way of life, but also business and economic confidence, as well as the ability of the Singapore government to see this through with the least impact on Singapore as an economic powerhouse.

As Immigration Consultants, we face increased concerns from existing foreign talent in Singapore (Professionals holding on to Employment Passes and S-Pass only) with regards to their job stability and likelihood of them continuing to contribute their expertise to Singapore.

This comes amidst recent reports on how organizations are trying to hold on to their foreign workforce despite cost pressures from the circuit breaker. In lieu of preserving jobs for locals and PRs, HR experts weigh in on how foreign talent could be the first to go, when push comes to shove.

 

So, Are Foreign Talents here to stay in Singapore post Circuit Breaker and Covid-19?

5 Reasons Why You Should Apply for Singapore Permanent Residence / Citizenship Now



The Circuit Breaker implemented by the Singapore government has presented businesses and individuals an opportunity to rethink how they are planning to overcome the 'new normal' come 1st June 2020, once the restriction orders is lifted.

As majority of us have already settle into these new Work From Home measures, the last 1 month has also given foreigners ample time and opportunity to evaluate if Singapore remains the long term goal for their families and themselves.

As Immigration Professionals, the Circuit Breaker provided us with an opportunity to analyse how foreigners in Singapore can make use of this period to elevate their chances of securing Singapore PR / Citizenship. Below are 5 reasons why now could be the perfect time for foreigners to table in their application (assuming their jobs are presently secured)

 

Why Foreigners Should Invest in Singapore Long Term


Securing a Future in Singapore During Significant Uncertainty


Seeking Hope Within the Storm of Covid-19


Important Covid-19 Client Updates from Immigration@SG LLP


A Message from our Managing Director on the Covid19 Situation


Commentary - Employment Pass minimum qualifying salary to be raised to $3,900; tighter rules on hiring foreign workers

 

Effective 1 May 2020,  the Ministry of Manpower Singapore (MOM) will be adjusting the minimum salary for foreign professionals to qualify for an Employment Pass (EP) to be raised to $3,900 per month (from $3,600 presently). This is in part due to the tightening of rules for hiring foreign workers as part of efforts to assure Singaporeans that they are competing on a level playing field.

This issue of maintaining a balanced approach in hiring foreign talent to complement Singapore's manpower requirement was debated in parliament recently. As inbound Singapore immigration specialists, we are fortunate to be in a position to analyse the situation from both sides. 

 

So how will this impact Singapore Permanent Residence / Citizenship application?

 

The Impact of Budget 2020 on the inbound Singapore Immigration Industry

Best Immigration Consultancy Firm 2020 - South East Asia

 

Following on from our recent nomination acceptance in the APAC Insider Singapore Business Awards 2020, the judging panel have made their final decisions and have awarded Immigration@SG LLP

Best Immigration Consultancy Firm 2020 - South East Asia 

 

About APAC Insider Singapore Business Awards

The Singapore Business Awards recognises hard-working individuals within the Lion City who allow Singapore to remain a major financial hub in the Asia Pacific region. Although Singapore is known for its FinTech and manufacturing sector,APAC Insider takes pride in accepting nominations from every firm regardless of size or industry enabling even the smaller sized firms and those within niche industries the chance to receive the recognition they deserve.

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Immigration@SG LLP
1 Raffles Place
#37-00, One Raffles Place, Tower 1
Singapore 048616

General Enquiries:
+65 6493 1830

PR & Citizenship Consultation:
+65 6493 1830

Work Pass Enquiries:
+65 6493 1825

Mondays to Fridays, 8.30am to 7pm
Saturdays, Prior arrangements necessary

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