Visas hinder ease of doing business

Making it easier to enter the country for people bringing investment seems a pretty obvious way for a naitonal administration to increase business opportunities and returns by fostering FDI. But many countries have not yet been able to curb their bureaucratic tendencies and cease penalising themselves. This has recently been highlighted at the 5th Arabian Business Forum in Dubai. A quick look around the world shows that Singapore, top performer in business and competitiveness indexes, offers a variety of visas for potential workers and investors. The city-state has a specific Entrepreneur Pass for those intending to set up businesses, and a Multiple Journey Visa can be issued for up to five years.