Singapore Targets Hong Kong’s High Earners With Latest Work Visa

  • Five-year visa offer is latest aimed at elite expat workers
  • Professions outside finance may qualify despite lower salaries
Singapore is overhauling visa rules to attract foreign workers and ease a tight labor market that’s contributing to wage and price pressures. Haslinda Amin reports on Bloomberg Television.Source: Bloomberg
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If you earn over a quarter-million dollars a year, Singapore wants you.

A new, flexible five-year work visa for foreigners making at least S$30,000 ($21,500) a month is the latest salvo in a race to attract an exclusive group that makes up just 5% of expatriate workers in the city-state.