ASEAN KEY DESTINATIONS
Expat issue needs review
"Some of them like Singapore have low entry barriers for talents, simple procedures and a focus on sourcing the right type of talent.
"Aside from this aspect, Singapore offers a very high standard of living, particularly lower taxes, low crime rate and an excellent world-class education system," he said in a statement on Monday.
He said it was relatively simple for expatriates to secure permanent resident status and later become a citizen of Singapore.
"In these areas we are hugely unattractive, so Talent Corp has a paramount challenge ahead of it," he added.
Tim said virtually all of the Budget 2011 announcements required the assistance of Talent Corp to facilitate the sourcing of talents.
"Talent Corp has a huge responsibility and must address primary concerns of expats and returning Malaysian talents to ensure success of its efforts," he said.
Tim said Talent Corp needs to address issues such as legal status, education system and requirements, tax incentives, crime and safety and entry barriers, for both returning Malaysians and expats.
On legal status, he said it would be a challenge to attract and retain quality talents unless Malaysia offered a concrete future to expatriates through a permanent resident status or citizenship programme.
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