As the appraisal industry evolves, relocation appraisers are being called to adapt—navigating changing licensing requirements, addressing valuation bias, and redefining their roles amid emerging technologies.
Welcome to the latest issue of Mobility Minute, a newsletter created by WERC. Every week, this newsletter will land in your inbox to keep you up to date on news from and about the talent mobility industry.
Here’s a quick glimpse of what you’ll find in this week’s issue:
What’s Next for Relocation Appraisers
How Evolved Mobility Functions Drive Talent Strategy
Can Saudi Arabia Rival the UAE in Attracting Global Talent?
What’s Next for Relocation Appraisers
Real Estate
As the appraisal industry evolves, relocation appraisers are being called to adapt—navigating changing licensing requirements, addressing valuation bias, and redefining their roles amid emerging technologies.
How Evolved Mobility Functions Drive Talent Strategy
Workforce Trends
As nations vie for top talent in high-demand fields like engineering and technology, a step back from past globalization policies is also influencing immigration, tax, trade, and other macroeconomic factors. The EY Mobility Reimagined Survey examines these areas, along with cost constraints and other nuances organizations face as they seek to maximize the efficiency of employee movement.
Can Saudi Arabia Rival the UAE in Attracting Global Talent?
Immigration
As Saudi Arabia ramps up reforms and investment to attract global talent, Dubai’s dominance in the region faces new and growing competition. While the long-term outcome remains to be seen, a look at the latest data and developments in both countries offers insight into how this regional rivalry is shaping up.
On 11 June, U.S. President Trump announced on social media that U.S. and Chinese officials came to an agreement on a trade “framework” deal between the two countries. Included was an agreement that the U.S. could collect 55% tariffs on Chinese imports, and China would collect 10% tariffs on U.S. imports. — USA Today
U.S. President Trump’s executive order banning citizens of 12 countries from entering the U.S. went into effect on 9 June. The countries affected are Afghanistan, Myanmar, Chad, the Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen; the entry of people from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela will be partially restricted. — Reuters
At an MLS Forum at the National Association of Realtors Legislative Meetings, Senior Counsel and Director of Legal Affairs Charlie Lee spoke of a cryptocurrency scam called “pig butchering.” Fraudsters posing as wealthy homebuyers are luring agents into elaborate crypto investing schemes, resulting in some agents losing their life savings. — RISMedia
China is intensifying efforts to collect taxes on citizens’ overseas income, expanding its scrutiny to less wealthy individuals after targeting the ultra-rich last year. Officials are now examining a broad range of offshore income, including investment returns, dividends, and employee stock options, say sources. — Bloomberg
The largest commercial shipping companies continue to avoid the Red Sea and Suez Canal, despite a recent cease-fire agreement between the U.S. and Houthis intended to make the trade lanes safer. Ship traffic through the Red Sea is down by around three-fifths since 2023, when the Houthis started targeting ships. — The New York Times
Included in U.S. President Trump’s “One, Big, Beautiful Bill Act” is a clause that proposes a 3.5% tax on remittances sent abroad by foreign workers, including green card holders and temporary visa workers such as those on H-1B visas. The U.S. remains the top source of remittances worldwide, with its share rising from 23.4% in 2020–21 to nearly 28% in 2023–24, driven by a 6.3% rise in foreign-born workers in 2022. — BBC News