On the path to immigration, some applicants are always able to accurately 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, numerous Hong Kong immigration clients of Worldway Group have received successive good news of approval! A large number of applications under the New Capital Investment Entrant Scheme have been successfully approved; a large number of clients have received the Net Asset Review Certificate from InvestHK; and a large number of Top Talent Pass Scheme (TTPS) Category A clients have been approved for 36-month visas!
Worldway Group extends its sincere congratulations to the investors. These are the first batches of approvals 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 residency!
A large number of applications under the New Capital Investment Entrant Scheme have been successfully approved
A large number of clients have received the Net Asset Review Certificate from InvestHK
A large number of Hong Kong Top Talent Pass Scheme Category A clients 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 Investment Immigration Scheme Requirements Relaxed
Residential Property Investment Now Permitted
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. The transaction price of the property must be HK$50 million or above, and the total investment in real estate is capped at HK$10 million. Additionally, starting from March 1, 2025, investments made through eligible private companies wholly owned by the applicant can be counted towards 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
Category 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 Category A applicants.
◆ Expand the list of universities under the "Top Talent Pass Scheme" by adding 13 top domestic and overseas universities, bringing the total to 198. According to information released by Hong Kong Legislative Council members, the 9 newly added mainland universities include 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 Hong Kong SAR Government.
Previously, there were 13 mainland universities that met the criteria for the Top Talent Pass Scheme. With the addition of 9, there are now a total of 22 mainland universities that qualify! 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.
◆ Extend the initial visa duration for high-income talent under the scheme from 2 years to 3 years. In other words, previously: Hong Kong Top Talent Pass Scheme A, B, and C category talents all received a 2-year visa period upon initial approval. Now: Category B and C talents still have a 2-year visa validity period after approval, while Category A talents receive a 3-year valid visa period after approval. Worldway already has investors who have obtained 3-year visas.
The Hong Kong government launched a new talent entry mechanism at the end of 2022, and has since received over 390,000 applications, with approximately 160,000 talents arriving 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 in its approach to talent introduction and is firmly and continuously committed to "grabbing talent."
In addition, the Policy Address also announced several measures, such as building an international higher education hub and committing to solving housing problems, covering multiple 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 Chinese 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 individuals to migrate there every year.
If you are interested in Hong Kong residency, Worldway is worthy of your trust! Worldway, one of the top 500 Asian brands, has been rooted in Hong Kong for nearly 30 years and is one of the earliest 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, we possess a professional documentation team with over 22 years of experience, and have thousands of successful cases. Worldway Group has professional companies in Hong Kong, Macau, and mainland China. The Worldway Hong Kong Customer Service Center is located adjacent to the Hong Kong Immigration Department and maintains friendly interactions with high-ranking officials of the Hong Kong Immigration Department, enjoying a stellar reputation.
For inquiries in mainland China: 400-138-2929, Hong Kong Customer Service Center: (852)2802 8798
