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ARTICLE · 29 APRIL 2022

Competing Globally For Talent And Essential Workers

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For several decades, companies have been competing globally to hire the most talented workers. As a result of COVID-19 and lockdowns, this global competition has now extended to skilled and trade workers.

SingaporeFinance and Banking
Leon Kwong Wing
Leon Kwong Wing
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For several decades, companies have been competing globally to hire the most talented workers. As a result of COVID-19 and lockdowns, this global competition has now extended to skilled and trade workers. How can immigration practitioners help their clients gain an edge and manage staffing shortages?

Leon Kwong Wing examines the key points for Singapore. The following is based on his Singapore paper for the 2022 AILA/GMS Annual Global Migration Forum.

Global Investor Programme (GIP)

The GIP offers Singapore permanent resident status for ultra-high net-worth people and owners of large businesses.

The GIP is administered by the Economic Development Board, which is the government agency for promoting foreign direct investment in Singapore. The EDB division administering the GIP is Contact Singapore, whose mission is to draw entrepreneurs and busines owners to relocate to and invest in Singapore.

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