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Why do Foreigners Migrate to Your Country

Why do foreigners migrate to your country, and should more be done to attract them?

Singapore has come a long way since independence thirty-six years ago. Today, she has become the focal point of South-East Asia, a cauldron of different races, cultures and religions. Singapore has been colonized by the British ever since Sir Stamford Raffles stepped foot on her shores and she is not unfamiliar with the number of foreigners working here whether for the British empire or simply stopping over with ships to trade. However, these foreigners of Singapore's colonial past never belonged here. After World War II broke out and Japan posed a real threat of invading Singapore, thousands of expatriates rushed for the first flight out of this sunny oasis. Similarly, during the turbulent years of Singapore's independence, many of her foreign friends opted to leave for home elsewhere together with the British withdrawal of troops based in Singapore in 1968. The tide has turned through the passage of time. Now, Singapore is a desirable destination for foreigners choosing a new home. I believe that the migration of foreigners to Singapore is of benefit to both the economy and society and more should be done to attract them.


ners migrate to Singapore for economic reasons. Singapore is a fast developing economy that is bursting with opportunities. Foreigners have seen how Singapore emerged from the 1998 Asian Economic Crisis relatively unscathed and they are suitably impressed by this remarkable achievement. Multi-National Companies (MNCs) have targeted Singapore as their regional headquarters for operations in South-East Asia. These companies include IBM, Microsoft, Palm, all reputable international companies. These MNCs send their top talents from overseas branches to work in Singapore and be in charge of the regional headquarters and there is no shortage of foreigners in MNCs. Local companies have responded to the competition of foreign companies and sought to lure the best of talents around the world to come to Singapore and work with them. DBS Bank, a reputable banking institution that has its roots in Singapore appointed a top foreign banking executive, John Olds, as its Chief Executive Officer (CEO), a few years ago. He brought with him invaluable experience and under his stewardship, DBS Bank merged with POSB bank successfully. Foreigners are persuaded by lucrative job packages and remuneration to seek greener pastures on the other side of the fence. Many of them are very satisfied with their jobs and economic prospects when they do settle in Singapore to work. Thus, the economic success of foreigners working in Singapore convinces them to migrate.

The migration of foreigners stimulates g

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Approximate Word count = 1003
Approximate Pages = 4 (250 words per page double spaced)


  

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