AIRINC (Associates for International Research, Inc.)

Singapore’s expatriate rental market is relatively stable despite more assignee departures than arrivals. While supply is greater than demand, sources say most incoming expatriates want to live in apartments close to MRT and schools. Many landlords of desirable apartments can continue to charge listed rents for now.

AIRINC was a proud sponsor at the recent Virtual Mobility Forum (VMF) organized by Jasper Events. Long considered to be one of the top organizers of global mobility events in the Australia-New Zealand region, this year's Jasper Events Virtual Mobility Forum expanded participation to included mobility professionals from across the entire APAC region.

COVID-19 has propelled the digitalization of the workplace and the rise of remote work. Capitalizing on the appeal of its advanced infrastructure and digital connectivity, Dubai recently launched a new visa programme

86% of respondents to our Remote work and the impact of COVID-19 on mobility survey anticipate that remote-work requests will increase in 2021, but only 34% of these respondents report that they have a remote work policy.

Since the outbreak of COVID-19, the overwhelming majority of housing surveys I’ve conducted revealed similar impacts on expatriate rental markets. In countries all around the world, the sudden and significant decline in demand has either pushed prices down or allowed for increased negotiability from listing prices. However, there has been one notable exception to that trend – Turkey.

In AIRINC’s 2020 Mobility Outlook Survey, 60% of companies said they offered some form of lump sum as part of their mobility program. Lump Sums are so popular because they can address a variety of goals in one neat, simple package, for example:

While many parts of the world are struggling to contain the COVID-19 outbreak, Wuhan is now back to business as usual. The lockdown was lifted in April and there have been no local cases since May.

As the world continues to grapple with COVID-19, companies are taking this time to understand and learn from this once in a lifetime experience. The Pharma industry has taken this period to focus on the mobility program and strategy. We found 3 key highlights from our recent COVID-19 benchmark.

The results of the 2020 federal and state elections are likely to have a significant tax impact on individual taxation across the United States. The presidential and legislative races are still being decided, and federal tax law changes require a lengthy legislative process. However, this year’s election cycle includes some important state ballot measures impacting individual taxpayers:

Remote working and virtual assignments are on everyone’s lips at the moment. There is a lot of speculation out there, but until now, relatively little that is concrete.