Taiwan will ease restrictions on the hiring and retaining of foreign professionals commencing January 2016, according to a recent announcement by the Cabinet.
Through the relaxation of the regulations, the ROC government is seeking to add up to 8,000 skilled professionals per year to the country’s workforce in order to help make up for the average annual outflow of 20,000 to 30,000 local white-collar workers over the last decade.
Premier Mao Chi-kuo said the regulatory easing will strengthen the nation’s talent pool without affecting the local job market. “Taiwan is facing a major brain drain and demographic changes through the steady export of high-end professionals, as well as a rapidly aging population and low birthrate.
The premier made the remarks following a Cabinet briefing on the scheme by the Ministry of Labor in Taipei City. He added the proposed measures will be implemented in phases.
In addition, the ministry is mulling granting permanent residency to the blue-collar foreign professionals who have been in Taiwan for at least 9 years and choose to extend their stays. Qualified under a points-based evaluation system, they may apply for naturalization after working in Taiwan for 5 more years.
The MOL said it expects the new measures to take effect in January, while some changes requiring legislative revisions are slated for completion by year-end 2016.
Source: Taiwan Today
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