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Singapore hunts for global 'rainmakers' with new expat visa

Bloomberg
Bloomberg • 4 min read
Singapore hunts for global 'rainmakers' with new expat visa
Photo: Samuel Isaac Chua
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Singapore won’t limit the number of applicants for its newest work permit, Minister of Manpower Tan See Leng said, as the city-state seeks to burnish its appeal to the best minds globally.

The introduction of the Overseas Networks and Expertise (ONE) pass last week as well as other steps that make it easier to hire expats are a response to the tight labour market, Tan said in an interview with Bloomberg Television’s Juliette Saly on Monday. The city-state’s officials have mentioned that they see the competition heating up with the likes of London and Dubai.

“What we are really hoping to bring to Singapore are the rainmakers,” Tan said, referring to the efforts to attract leaders in fields across science, technology, engineering and math, as well as finance, arts, culture and sports. “It is an offensive strategy for us.”

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