00:00Changes to a law easing pathways to residency and employment for foreigners in Taiwan have taken effect.
00:07Officials and other stakeholders gathered in Taipei to discuss what's new and why the amendments were necessary.
00:30Under the Revised Foreign Professionals Act, foreigners can fast-track their path to permanent residency in Taiwan, shortening the required stay by up to three years.
00:43Another big change targets international students, with those graduating from Taiwan universities now allowed to work for two years without a work permit.
00:52The revisions also strengthen labor and social protections.
00:55The amendments are mainly targeting towards the people already here.
01:01So as we know, there's over 123,000 international students in Taiwan.
01:05As you can imagine, these benefits to allow them to stay in Taiwan and to find it easier to find a job here also go some ways to attracting foreigners from abroad.
01:18I think more and more we'll start to see people from all around the world come to Taiwan.
01:22The government says the changes are meant to boost Taiwan's global competitiveness amid rising competition for talent.
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