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Taiwan economy
EconomyGlobal Economy

Talent-strapped Taiwan seeks 20,000 ‘special’ professionals, 200,000 overseas students amid talent push

  • Taiwan said in September that it was looking to attract 400,000 foreign workers by 2030 amid competition from the likes of Hong Kong, mainland China and Singapore
  • Taiwan’s domestic workforce is set to shrink after its population declined by last year due to a historically low number of births and the most deaths ever

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Taiwan’s domestic workforce is expected to shrink as the island’s overall population declined by 110,674 people last year, owing to a historically low number of births and the most deaths ever. Photo: AP
Ralph Jennings

Labour-strapped Taiwan is looking for 20,000 top-level “special” professionals and 200,000 overseas university students as part of a wider recruitment target aimed at filling jobs amid its population decline.

Taipei said in September that it was looking to attract 400,000 foreign workers by 2030, but it is competing with the likes of Hong Kong, mainland China, Singapore and South Korea, who are also all facing shrinking local workforces due to low birth rates.

The 20,000 special professionals would come as “innovators” or Silicon Valley “heavyweights”, the National Development Council said on Tuesday as it confirmed that it had already recruited over 10,000 by December.

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A segment of the 400,000 overall goal, the special professionals would qualify for work in semiconductors, blockchain, finance and offshore wind power, the statement said.

Attracting high-level talent to contribute to Taiwan’s industries will help to enhance industrial competitiveness
National Development Council

All 400,000 of the new foreign workers will be classified as “white collar”, a council officer in-charge told the Post. The foreign talent pool envisioned for 2030 will also include 40,000 other “professionals” and 140,000 “technical workers”, the council has previously said.

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