News & Articles

20% promo banner -32

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?

 

Is there really a ‘Quota System’ that may impact Singapore PR Applications?

This is one of the most common question we receive from customers who are thinking about applying for Singapore PR. While the ‘Quota System’ is already an open secret, understanding the core reason behind it is key to bringing you a step closer toward Singapore Permanent Residence.

Contact us for a FREE consultation!
Or call us at:
+65 6493 1830

Latest Post

Company Info

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

Latest Post

Facebook

20% promo banner -32