The wave of mass migrations from Hong Kong continues, and the pandemic measures have also discouraged foreigners from coming to Hong Kong. Singapore, which has always been regarded as a competitor to Hong Kong, has recently launched a new work visa program to attract talents. Scholars commented that it “gave an extra punch” to Hong Kong.
Singapore’s new visa targets high-income foreigners with a monthly salary of 30,000 Singapore dollars (US$21,500) or above. They can apply for a five-year work visa, and their family members can also live or even work there. The Singaporean government said that if they have outstanding achievements in sports, arts, science, and other sectors, even if their monthly salary is below the requirement, they will be granted visas after review.
