The new Overseas Networks & Expertise Pass is a strong signal to attract global talent to Singapore. Singaporeans may understand and accept the need for top talent, but they also want assurance of fair opportunities at the workplace, says the Lee Kuan Yew School of Public Policy’s Terence Ho.
to attract top global talent from any sector to work in Singapore, along with other policy measures to keep the country competitive in the fight for talent.strategic need for Singapore to stay openTurning insular is not an option for Singapore, despite the apparent retreat of globalisation arising from the COVID-19 pandemic, geopolitical tensions and high inflation, all of which have collectively disrupted trade and spurred protectionism across the world..
Besides the United Kingdom and Germany, cited in Mr Lee’s speech, China launched a Thousand Talents Plan in 2008, recently rebranded as the National High-end Foreign Experts Recruitment Plan. The French Passeport Talent allows employees and self-employed persons to reside in France for up to four years, with their spouses and children entitled to work.Comparatively, Singapore has in recent years come across as somewhat more diffident - notwithstanding the Tech.
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Singapore to launch new work pass for top talent in all sectors from 2023There is a S$30,000 minimum monthly salary requirement for the new Overseas Networks & Expertise Pass. Those with “outstanding achievements” in tech, arts, academia or sports can qualify even if they do not meet the salary criterion.
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New work pass likely to attract top talent with niche tech skills to work on projectsSINGAPORE - Top performers who are sought after for their niche technical skills working on multiple projects for different firms - this is the kind of foreign talent that a new work pass, the Overseas Networks and Expertise Pass, could appeal to. Read more at straitstimes.com.
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Singapore's new work pass for high-earners with S$30K minimum monthly salary launched to attract top talents to live in Singapore - The Independent Singapore News“We are now in an era where businesses follow talent, as much as talent follows business. Both businesses and talent are searching for safe and stable environments to invest, live and work in. Singapore is such a place.” — Dr Tan See Leng, MOM
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