Singapore's immigration laws are quite liberal compared to other countries, and the Landed Permanent Residence visa is part of that. Workers with professional or tertiary level qualifications may be eligible for the one-year visa to find a job in Singapore; permanent residence is granted if a job is found during that period. The country has very little unemployment and nearly half the population is foreign-born, with one of the fastest-growing economies in Southeast Asia. It is a prosperous nation and the fourth-most important financial market in the world, and an excellent destination for a life abroad.