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SingaporeCurrent Trends and Challenges•Mechanisms to cool foreign worker demand (lowerwork pass tiers are especially impacted)- Reduction in maximum number of foreign workers (S and WorkPermit) that companies can sponsor- Tougher salary and education standards for P2 and Q tiers- Tighter criteria for training attachments- Removal of job seeker entry category• Increasingly difficult to obtain permanent residence- Success rate has sharply declined since PR approval peak in2008; renewals also affected- The Financial Investor Scheme, a Permanent Resident pathwayfor wealthy individuals, was discontinued last April23