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Why is influx of foreigners good for Singapore?

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Why is influx of foreigners good for Singapore?
I came to Singapore with my family last year. We started a new journey coming from India and enjoying this beautiful country which is very multicultural and diverse. As days passed, I started to notice some ongoing discussions and blogs on the need to control the influx of foreigners in Singapore. These discussions seemed to be quite interesting. The influx of immigrants was cited as the reason for putting strains on infrastructure, increase in inflation, rising prices of property and rising income inequality. Slowly, the public opinion of Singaporeans turned against the policy of welcoming foreigners into their country. Even the Prime Minister has admitted that the Government lacked foresight in tackling the problems that came with the surging population.
As we entered 2013, a WHITE PAPER was passed by Singapore government to control the immigrants in Singapore.
In my view the foreigners have played an important role in the development of this nation in the last 8-10 years. Limiting immigration may cause a lot of damage to its future development. One of the reasons why Singapore has been successful so far is because it encouraged immigration and nearly everyone in Singapore is an immigrant or family of an immigrant. Even Lee Kuan Yew who is the Singapore founding prime minister is a second-generation immigrant. Singapore has always been an appealing immigration destination.
The country presents high multicultural advantages for people. The different varieties of food from various countries gives a great opportunity to try new different flavors from all around the world.
Limiting immigration will only worsen Singapore’s problems. If Singapore cannot get enough labor, it will have to raise wages and eventually inflation will rise.
You would also agree that foreigners living here contribute to the economy of Singapore as their spending capability is quite high. This results in more jobs being created for local singaporeans.
Singapore will face a shrinking

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