Singapore chosen best place in the world as migration Destination

Rikvin has successfully help thousands of foreign entrepreneurs who wish to migrate to Singapore to run their company operation by securing their work visas using employment pass route once they have incorporated a Singapore company.
By: Satish Bakhda
 
Aug. 23, 2010 - PRLog -- Singapore has remained to be the top destination in the world in terms of attracting immigrants and workers, beating other neighbouring and western economic powerhouse, a recent Gallup survey told.

The survey, which aims to calculate the member countries’ Potential Net Migration Index (PNMI), was conducted among 350, 000 people in some 148 countries from 2007 to 2010.

To calculate each country’s PNMI, Gallup has subtracted the number of adults who wish to leave the country to the estimated number of people who wish to immigrate and work there.

Survey results showed that Singapore’s population would increase by 219 percent from 4.8 million to 15 million if everyone who wishes to work in the country were allowed in by the government.

Meanwhile, Rikvin, a Singapore company formation and migration specialists,  which assists professionals in securing their work visa, said the influx of tourist will have a positive impact on the labour market in Singapore especially casino operators and industries which target visitors from abroad.

One of the major considerations cited by the respondents in choosing Singapore is its impressive gross domestic product (GDP) growth rate in the past five years, Gallup noted.

Singapore was followed by New Zealand (+184 percent), Saudi Arabia (+176 percent), Canada (+160 percent), and Australia (+148 percent) in the worldwide rankings.

On the other hand, the United States, which ranked 14th on immigration list, was still the preferred destination among workers. However, the concentration of people would definitely have less impact on the employment status of the would-be immigrants, the survey added.

Singapore’s neighbouring economic superpower Malaysia failed to make it to the Top 20 countries in the world as workers shy away from its lacklustre economy and worsening social divide.

The population of Malaysia, which ranked 21st in the overall immigration survey, would only increase by some 23 percent to more than 34 million, if the government will allow everyone to leave and enter as they pleased.

Also, Malaysia ranked only fourth in the most popular destination country in the Asia-Pacific region next to New Zealand (top two worldwide) and Australia, which ranked second and third most popular, respectively.

Meanwhile, despite strong economic output in the past three years, Asian economic superpowers like China and India registered a relatively low appeal to migrant workers, losing at least six percent or more than 1 billion of its population if workers were allowed to move freely by their respective governments.

The other Southeast Asian countries that were tagged as the worst destination for migrant workers include Laos (-9 percent), Vietnam (-21 percent), and the Philippines (-22 percent)

Due to decades of war and poor economic condition Sierra Leone, Haiti, and Zimbabwe were placed as the bottom three in the survey and could potentially lose more than half of its total population if migrants were allowed to move freely.

In view of the above, Rikvin predicts Singapore will open up its doors in 2011 to welcome the professionals and entrepreneurs to ensure that the country continue to have sustainable growth, and at the same time increase its productivity to ensure wages rises to a level where it is considered lucrative to  workers and affordable to employers.  

Rikvin has successfully help thousands of foreign entrepreneurs who wish to migrate to Singapore to run their company operation by securing their work visas using employment pass route  once they have  incorporated a Singapore company.

Alternatively, professional who are interested to work in Singapore can apply for  personalised employment  pass (PEP), which is the most preferred route  as they are not tied down to any employers. For more information on company incorporation for foreign individual, visit http://www.rikvin.com/incorporation/ to learn more on work visas for Singapore, visit http://www.rikvin.com/immigration-work-visas/

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Singapore Company Registration and Related Corporate Services Under-One-Roof. We provide a fast online service for company incorporation, private limited company formation, business registration and full corporate secretarial services in Singapore.
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Source:Satish Bakhda
Email:***@pacific.net.sg Email Verified
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Tags:Singapore Company Formation, Registration, Setup
Industry:Accounting, Business
Location:Singapore - Singapore
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