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Continued Social Integration During Challenging Times

With the euphoria and dust of Singapore's General Elections 2020 (GE2020) over, the key take-away surrounding inbound Singapore immigration in our opinion is this :

 

1) Much needs to be done to balance foreign talent requirements, particularly, PMETs

2) Foreign Talent continues to remain critical to complement the local talent pool

3) Foreign Talent here must make attempts to integrate into society wholeheartedly

 

Post GE2020, we have received increased inquiries from foreigners looking to time their Singapore PR / Citizenship applications. While many are familiar with the documentation and processes, they are also concerned about the lack in Social Integration opportunities that can help bolster their application.

 

Are there still available social integration opportunities amidst this pandemic?

 

Immigration@SG LLP - How We Set Ourselves Apart from Competition?


Since the Covid-19 virus hit our shores in early 2020, we have observed increased inquiries from foreigners. This includes Singapore work pass holders already working in Singapore, existing Singapore PRs and Citizens who are looking to sponsor their loved ones, as well as investors / business owners looking to set up operations in Singapore for the first time, with the objective of securing PR and possible Citizenship in the future.

Commentary - Dealing with Rogue Consultancies

The number of  scams in the first five months of 2020 has increased to almost 30 times compared to the same period last year in Singapore with eCommerce scams proving to be the most common in the first three months of the year, with "Covid-19 related items" accounting for about one in four such cases.

Fake loan schemes were another common tactic as scammers got away with at least $41.3 million in total between January and March this year.

In this unprecedented times, it is common that unfortunate individuals gets taken advantage of in view of their desperation to attain specific objectives. For us in the Immigration Consultancy business, it is no different. Recently, the Straits Times reported

We are living in a time whereby foreigners who are presently on valid work passes are worried about the stability of their jobs and their ability to continue supporting their families' livelihood in Singapore.  While the situation with Covid-19 and its impact on global economies is beyond control, securing Permanent Residence in Singapore is one way which enables these foreigners to continue plying their trade here, without having to go back to their home countries.

How do foreigners ensure that the consultancies and agencies supporting their endeavors to secure Singapore Permanent Residence and/or Citizenship are trustworthy? A good and quick audit to help you is to spend a little bit of time doing some research and ask yourselves :

Commentary - Impact of General Election 2020 on inbound Singapore Immigration

We have come to the time again for Singapore to vote for a new government. Dubbed the 'Pandemic Elections', for the first time ever, the Singapore General Elections will be held amidst a global setback as Singapore looks to a progressive government that can ride us all out of this storm, together.

Singapore Retains World’s Most Competitive Economy Position

 

Singapore has retained the top spot as the World's most competitive economy in the latest edition of the Institute for Management Development's (IMD) World Competitiveness Ranking. This comes amid the flurry of uncertainties plaguing businesses and whole economies globally, due to Covid-19.

The Global Competitiveness Report evaluates an annual list of 63 economies, which analyses their ability to generate prosperity. Making up the top five after Singapore were Denmark, Switzerland, the Netherlands and Hong Kong - which economists duly noted as illustrating the strength and resilience of many small economies, rather than a single major player in dealing with the pandemic.

IMD noted that the factors behind Singapore's success include its:

1) Strong economic performance (robust international trade and investment)
2) Progressive and inclusive Employment and Labour market measures
3) Relative ease of setting up business
4) Availability of skilled labour
5) Cutting-edge technological infrastructure

IMD also pointed out that it is key to note that Singapore's stable and quality education system also played key roles in the outcome of the rankings. Minister for Trade and Industry Chan Chun Sing, speaking at an Enterprise Singapore event on Tuesday, said it was good to see that Singapore has managed to maintain its top position in overall global competitiveness. He however warned that Singapore must not be complacent, considering the volatility of the situation with Covid-19.

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?

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?

 

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.

Global Investor Programme (GIP) - More Investors To Qualify For Fast-Track PR Schemes

 

Effective 1 March 2020, more qualified investors can look to fast-tracking their permanent resident status (PR) under the new rules governing the Global Investor Programme (GIP).  The GIP, an initiative administered by Singapore's Economic Development Board (EDB), was first introduced in 2004 and grants Singapore Permanent Resident status to eligible global investors who intend to drive their businesses and investment growth from Singapore.

To qualify, applicants need to showcase substantial business track record and possess a solid, successful entrepreneurial background.

So what are the new changes being implemented?

Impact of False Declarations for Singapore PR, Citizenship, & Work Pass Applications

The heavy hand of the Singapore Law weighs down with no remorse on applicants looking to dupe the authorities by falsifying/withholding information pertaining Singapore PR / Citizenship or Work Pass applications. This week alone, two cases made the headlines with the perpetrators dealt with accordingly.  

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+65 6493 1830

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Company Info

Immigration@SG LLP
1 Raffles Place
#26-02, 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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