According to a report titled Global Professionals on the Move 2013 issued by Hydrogen, Singapore was the fourth most attractive location in the world, and the top in Asia for high-flying professionals.
The report, which consolidated responses from 2,146 respondents in 90 countries, revealed that Singapore is the top third location for technology professionals and the second in the world for finance professionals. The United States remains as the destination of choice for the highest number (24%) of respondents, followed by UK (13%) and Australia (13%). Other cities that emerged in the top 10 include Canada, Switzerland, France, Hong Kong, UAE and Germany.
In addition, Asian professionals with overseas experience are considered assets when they return to their home countries. According to Hydrogen, when home countries become economic powerhouses such as Singapore, returning professionals with international training as well as a profound understanding of local culture, language and customs become highly sought.
Singapore work pass specialist Rikvin recognizes the report as affirming Singapore’s reputation as a talent magnet. Commenting further, Mr. Satish Bakhda, Head of Operations at Rikvin said, “Even though there are many challenges to moving abroad, there are sound and overwhelming advantages to a career when one makes that leap.”
Due to a new economic shift, Singapore has recently raised the bar for professionals wishing to relocate to Singapore. Nevertheless, candidates with extensive experience, add value to companies and complement the core Singaporean workforce stand a good chance of having their Singapore work visas approved.
“Due to a new economic shift, Singapore has recently raised the bar for professionals wishing to relocate to Singapore. Nevertheless, candidates with extensive experience, add value to companies and complement the core Singaporean workforce stand a good chance of having their Singapore work visa applications approved.”
Analysis by Rikvin shows that as Singapore moves towards the next phase of its development, it will continue to maintain its reputation for openness. Therefore, it will not shut its doors to talented professionals who could bring it forward to the next stage of its growth.
“Although more adjustments will be made to the Singapore employment pass, we are optimistic that high-flying professionals will not be deterred from trying for an opportunity to work in Singapore. The prospect of having Singapore experience on the resume is fast becoming an asset to many professionals all over the world, and this is especially true for those in the finance or technology sectors,” affirmed Mr. Bakhda.