Date: December 4, 2015
Taiwan will ease restrictions on the hiring and retaining of foreign
professionals commencing January 2016, according to the Cabinet Dec. 3.
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. [FULL STORY]