Singapore offers new elite visa as global talent hunt heats up

Expats earning $21,000 a month can stay 5 years, have multiple employers

20220829 sg workers

Office workers go to lunch in Singapore's central business district. The city-state aims to attract more talent with a new visa. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore will introduce a new five-year visa for high-earning foreign nationals, allowing them to work at multiple companies, the city-state's government announced on Monday as it seeks to better compete for global talent.

The new program highlights a delicate balance Singapore is striking, as it strives to show it is open to the world while also answering pressure to safeguard local jobs.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.