On the path to immigration, some applicants are always able to precisely grasp policy opportunities and successfully overcome challenges. What makes them stand out in fierce competition, and what strategies allow them to cleverly leverage policy dividends to achieve a magnificent transformation in their lives?
Great news has arrived! Recently, many Hong Kong immigration clients of WorldWay Group have received successive good news of approval! A large number of applications for the New Capital Investment Entrant Scheme in Hong Kong have been successfully approved; a large number of clients have received the Net Asset Review Certificate from InvestHK; and a large number of Class A clients under the Top Talent Pass Scheme have been approved for 36-month visas!
WorldWay Group extends its sincere congratulations to the investors. This is the first batch of approval good news received by WorldWay clients following the release of the 2024 Hong Kong Policy Address, and they have successfully enjoyed the policy dividends of Hong Kong status!
A large number of applications for the New Capital Investment Entrant Scheme in Hong Kong have been successfully approved
A large number of clients have received the Net Asset Review Certificate from InvestHK
A large number of Class A clients under the Top Talent Pass Scheme have been approved for 36-month visas
As you know, the Chief Executive of the Hong Kong Special Administrative Region, John Lee, recently delivered the "The Chief Executive's 2024 Policy Address." This year, Hong Kong's talent acquisition policy has been further optimized, and the Hong Kong government has innovated and improved various talent entry mechanisms.
New Capital Investment Entrant Scheme Requirements Relaxed
Residential Property Investment Allowed
The 2024 Policy Address announced the optimization of the "New Capital Investment Entrant Scheme." Effective October 16, 2024, the "New Capital Investment Entrant Scheme" allows for investment in residential properties, provided the transaction price is HK$50 million or above, with a total real estate investment cap of HK$10 million. Additionally, starting March 1, 2025, investments made through eligible private companies wholly owned by the applicant can be counted toward the eligible investment amount.
In other words, while the investment scope previously excluded residential properties, it now includes them, provided the property value exceeds HK$50 million. Furthermore, whereas investments were previously limited to personal assets, they can now be made through companies 100% owned by the individual.
Top Talent Pass Scheme Adds 13 Domestic and Overseas Universities
Class A Initial Visa Extended to 3 Years
The 2024 Policy Address brings two important pieces of news regarding the Top Talent Pass Scheme: one is the expansion of the university list, and the other is the extension of the initial visa duration for Class A applicants.
◆ The list of universities under the "Top Talent Pass Scheme" has been expanded, adding 13 top domestic and overseas universities to reach a total of 198. According to information released by Hong Kong Legislative Council members, 9 mainland universities have been added: Renmin University of China, Beihang University, Beijing Institute of Technology, Beijing Normal University, Southeast University, Nankai University, Tianjin University, Tongji University, and Sichuan University. The specific list is subject to the announcement by the HKSAR Government.
Previously, there were 13 mainland universities that met the criteria for the Top Talent Pass Scheme. With the addition of 9, the total number of mainland universities meeting the criteria has reached 22! The original 13 were: Tsinghua University, Peking University, Fudan University, Zhejiang University, Shanghai Jiao Tong University, University of Science and Technology of China, Sun Yat-sen University, Nanjing University, Huazhong University of Science and Technology, Wuhan University, Xi'an Jiaotong University, Harbin Institute of Technology, and Central South University.
◆ The initial visa duration for high-income talent under the scheme has been extended from 2 years to 3 years. In other words, previously: Applicants under the Hong Kong Top Talent Pass Scheme (Categories A, B, and C) all received a 2-year visa upon initial approval. Now: Category B and C applicants still receive a 2-year visa, while Category A applicants receive a 3-year valid visa upon approval. WorldWay already has investors who have obtained 3-year visas.
Since the Hong Kong government launched the new talent entry mechanism at the end of 2022, it has received over 390,000 applications, and approximately 160,000 talents have arrived in Hong Kong with their families. Over the next five years, the estimated labor shortage across various industries is approximately 180,000. It is clear that Hong Kong remains open to talent acquisition and is firmly and continuously committed to "snatching talent."
In addition, the Policy Address also announced several measures, such as building an international hub for post-secondary education and striving to solve housing problems, covering various fields including the economy, transportation, social welfare, and cross-border exchanges. These aim to comprehensively improve Hong Kong's social well-being and development potential, while also reflecting the Hong Kong government's emphasis on improving people's livelihoods and strengthening regional cooperation.
As is well known, as a place where Eastern and Western cultures converge, Hong Kong is one of the world's most prosperous free ports and international metropolises, often referred to as the "Pearl of the Orient." Together with New York and London, it is known as "Nylonkong" and is the world's third-largest financial center. Hong Kong's economic freedom ranks among the highest in the world, with a stable financial system, a sound legal system, and low tax rates. Furthermore, due to its cultural and linguistic proximity to the mainland, combined with its unique geographical advantages and commendable medical and educational standards, it attracts many mainland residents to migrate there every year.
If you are interested in Hong Kong status, WorldWay is worthy of your trust! WorldWay, a Top 500 Asian Brand, has been rooted in Hong Kong for nearly 30 years and is one of the first professional immigration agencies to promote Hong Kong immigration. As the first company in the industry to submit Hong Kong investment immigration applications for clients, WorldWay has witnessed the introduction, price increases, and suspension of the Hong Kong investment immigration scheme, racing against time to submit applications for clients. With 22 years of professional service in Hong Kong investment immigration and a professional documentation team with over 22 years of experience, we have handled Hong Kong investment immigration with rich expertise and thousands of successful cases. WorldWay Group has professional companies in Hong Kong, Macau, and mainland China. The WorldWay Hong Kong Customer Service Center is adjacent to the Hong Kong Immigration Department and maintains friendly interactions with senior officials of the Hong Kong Immigration Department, enjoying a stellar reputation.
For detailed inquiries, please contact mainland China: 400-138-2929, Hong Kong Customer Service Center: (852)2802 8798
* Investment involves risks; the above information is for reference only. *
