Immigration to Hong Kong
Encyclopedia
Highly-skilled
applicants or wealthy
investors can apply for residency in Hong Kong
. Point tests for skill applicants and economic
contribution by investor
s were recently introduced by the Immigration Department
of Hong Kong
.
of no less than HK$
10 million (US$
1,300,000) to which he/she is entitled throughout the 2 years before submitting his or her application. (This amount was increased from HK$6.5M on 14 October, 2010, and is to be reviewed every three years.)
-based program that seeks to attract highly-skilled persons to settle in Hong Kong
. An applicant does not need to obtain a job offer
in advance before entering into Hong Kong
on a "skilled immigrants" transfer. Two sets of points system are used to evaluate applicants. These are the Achievement Based Points Test and the General Points Test.
Skill
A skill is the learned capacity to carry out pre-determined results often with the minimum outlay of time, energy, or both. Skills can often be divided into domain-general and domain-specific skills...
applicants or wealthy
Wealth
Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English wela, which is from an Indo-European word stem...
investors can apply for residency in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. Point tests for skill applicants and economic
Economy
An economy consists of the economic system of a country or other area; the labor, capital and land resources; and the manufacturing, trade, distribution, and consumption of goods and services of that area...
contribution by investor
Investor
An investor is a party that makes an investment into one or more categories of assets --- equity, debt securities, real estate, currency, commodity, derivatives such as put and call options, etc...
s were recently introduced by the Immigration Department
Immigration Department (Hong Kong)
The Immigration Department of the Government of Hong Kong is responsible for immigration control of Hong Kong. After the People's Republic of China assumed sovereignty of the territory in July 1997, Hong Kong's immigration system remained largely unchanged from its British predecessor model...
of Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
.
Capital investment
Under this category, investors from outside must have net assetsAsset
In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset...
of no less than HK$
Hong Kong dollar
The Hong Kong dollar is the currency of the jurisdiction. It is the eighth most traded currency in the world. In English, it is normally abbreviated with the dollar sign $, or alternatively HK$ to distinguish it from other dollar-denominated currencies...
10 million (US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
1,300,000) to which he/she is entitled throughout the 2 years before submitting his or her application. (This amount was increased from HK$6.5M on 14 October, 2010, and is to be reviewed every three years.)
Skilled immigrants
This is a quotaQuota share
A quota share is a specified number or percentage of the allotment as a whole , that is prescribed to each individual entity ....
-based program that seeks to attract highly-skilled persons to settle in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
. An applicant does not need to obtain a job offer
Employment
Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as:- Employee :...
in advance before entering into Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
on a "skilled immigrants" transfer. Two sets of points system are used to evaluate applicants. These are the Achievement Based Points Test and the General Points Test.