Business Standard

Thursday, December 26, 2024 | 08:02 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Singapore hoping special work visa will draw global 'rainmakers'

The regional financial hub announced new rules two weeks ago to draw expatriates earning at least $21,452 a month, offering them 5-year visas that would automatically allow their spouses to work also

Singapore
Premium

Reuters Singapore
Singapore is hoping a special work visa will make it more competitive in attracting "the rainmakers of the world", its manpower minister said on Monday, as it seeks to balance its need for talent with local unease about expatriate workers.
 
The regional financial hub announced new rules two weeks ago to draw expatriates earning at least S30,000 ($21,452) a month, offering them five-year visas that would automatically allow their spouses to work also.
 
Addressing parliament, Manpower Minister Tan See Leng said global talent would help Singapore develop sectors like sustainability, artificial intelligence or fintech, but it faced a challenge with

Disclaimer: No Business Standard Journalist was involved in creation of this content

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in