MidYear Asia Situation Update: Visa, Immigration, DSP
Relocating employees and families face different challenges based on their destination. Our report focuses on those critical issues. We continue to see Indonesia, Malaysia, the Philippines, and Vietnam growing as expatriate destinations, accompanied by the challenges of decreasing availability and increasing costs. Rental rates in Kuala Lumpur have increased 20% this year and in Vietnam […]
Singapore, Japan and Korea Top Global Most Powerful Passport List
As the world witnesses the growing impact of Asian nations on the global stage, the implications for international mobility and relocation are profound. Singapore, a beacon of progress and innovation, has reclaimed its position as the holder of the world’s most powerful passport, according to the latest Henley Passport Index. This city-state’s citizens now enjoy […]
Overcoming Challenges in Corporate Lease Deposit Payments from Overseas
As relocation professionals, we have encountered challenges related to deposit payments for securing housing under corporate leases when the payment originates outside the country. Case in Point: In a recent situation in Hong Kong, a deposit payment arranged by a Relocation Management Company (RMC) put an assignee’s desired property in jeopardy. The process required by […]