The government has increased its support for the overseas market immersion program to cultivate more local business leaders; the beneficiaries of this program will increase from 400 to 700 per year.

Dr. Chen Shilong, Minister of Human Resources and Second Minister of Trade and Industry, made the announcement Thursday (March 6) when he participated in the Ministry of Human Resources Expenditure Budget on the Congressional Appropriations Committee.

The Overseas Market Immersion Program, implemented by Singapore Enterprise Development Authority, Monetary Authority of Singapore, and Information Communications Media Development Authority, helps companies develop local business leaders through overseas dispatch and participation in leadership courses; this program is designed for professionals in multiple industries, early-stage or mid-stage leaders.

Locals and families who are expats will also receive more transitional support, including help in housing and education.

Among them, owners of HDBs who have not reached the minimum living period but must be dispatched, if they have a clear and reasonable return schedule, they can apply for protection from the Housing and Development Bureau.

Further reading

[Parliament]The monthly entry threshold for top professional passes was issued last year with 3,000 employment passes. This year, the monthly entry threshold will not be adjusted.

[Parliament]The monthly entry threshold for top professional passes was issued last year with 3,000 employment passes. This year, the monthly entry threshold will not be adjusted.

[Parliament]Removing maximum employment limit to expand sources of non-traditional jobs

[Parliament]Removing maximum employment limit to expand sources of non-traditional jobs

The Ministry of Education will also ensure that the children of expatriates can attend primary and secondary schools near their homes through the Assured School Placement. They can also participate in the School Placement Exercise for Returning Singaporeans (SPERS) and pass the exam to enter their favorite middle school.

The Singapore Leaders Network, founded in 2022, has also been further strengthened to provide support and guidance for expatriate Singaporeans, as well as more social opportunities. The government will release more details in the near future.