The 2023 Hong Kong Talents Program has undergone major changes, with major adjustments in quotas, application conditions, scoring standards, renewals, etc.!
Hong Kong Talents Program
Major adjustment · multiple benefits
1
Elimination of annual quota restrictions
From 2023, the annual quota for talents in Hong Kong will be canceled for a period of two years, and the approval process will be optimized to attract more world-class talents to Hong Kong.
Original policy: The Hong Kong Talents Program has a quota limit, and the quota will be 4,000 in 2022.
2
First-time visa stay period changed from 2 years to 3 years
After the application for excellent talents is approved in 2023, the stay period of the visa issued for the first time will be changed to 3 years.
The original policy: After the application for Hong Kong Talents is approved, the stay period of the visa issued for the first time is 2 years.
3
Renewal model changes
After Hong Kong Talents are approved, the renewal model is 3+3+2 years.
The original policy: After Hong Kong excellent talents are approved, the renewal mode is 2+3+3 years.
If it is a high-income group, it has been approved to stay in Hong Kong for not less than 2 years, and the assessable income of salaries tax in the previous tax year is not less than 2 million Hong Kong dollars, and it can be renewed for 5 years at a time, that is, The top talent renewal mode has changed from the previous "2+6" to the "3+5" renewal mode.
4
Faster approval
The Immigration Department has always emphasized that it will simplify and optimize the approval procedures of the Hong Kong Talents Program and shorten the approval time. According to the information published on the website of the Hong Kong service window, the approval of the excellent talent plan is expected to be completed within 5 months! This means that it will be faster to obtain Hong Kong identity through the excellent talent plan in the future.
The original policy: The trial cycle of the Hong Kong Excellent Talents Program is usually 6-12 months.
5
Scoring rules change, well-known companies can add 20 points
A work experience bonus item has also been added to the "grading system" of the excellent talent plan.
Added scoring items:
According to the latest scoring rules, under the Talent Plan [Comprehensive Scoring System], applicants who have not less than 3 years of work experience in multinational companies or well-known companies at a degree level or expert level can get an extra 20 points.
★ Well-known enterprises include:
○ Listed companies;
○ Ranked in the "Forbes" Global 2000 companies;
○ Fortune Global 500 companies;
○ Hurun China Top 500 Enterprises.
Example: If you have worked in a large domestic company for 3 years or more, such as Alibaba, Huawei, Tencent, Xiaomi, Netease, JD.com, ZTE, etc., it is easier than in the past to be favored by the Hong Kong Immigration Department, and the probability of approval is greatly improved!
This has changed the maximum score of [work experience] from 55 to 75, and the full score of talents has also increased from 225 to 245, but the minimum passing score for submitting an application is still 80. It can be said that this move In a disguised form, the application threshold for the Excellent Talent Program has been lowered!
This change in the Talent Scoring Plan is undoubtedly good news for applicants who have worked in well-known companies!
At the same time, many people had work experience in these companies before, but because they did not meet the minimum application requirements of 80 points for excellent talents, they can now try to re-evaluate and resubmit the application.
In 2023, Hong Kong is fully equipped to attract talents, and it is a good time for talents from all walks of life to apply for Hong Kong status!
How to quickly obtain Hong Kong status through the Hong Kong Talents Program? Please check the application strategy
Basic Requirements of Hong Kong Talents Program
? Age: Over 18 years old.
? Financial ability: Prove that during your stay in Hong Kong, you can support yourself and your dependents on your own without public assistance.
? Good conduct: no criminal or bad record.
? Language skills: Good Chinese (Mandarin or Cantonese) or English.
? A bachelor's degree or above, and in special cases, good technical qualifications, demonstrable professional competence and/or experience and achievements, which can be accompanied by supporting documents, may also be considered.
? Working experience: more than 2 years.
? Satisfy the comprehensive scoring system (you can apply if you reach 80 points).
The Hong Kong Talents Program has become one of the mainstream ways for mainlanders to apply for Hong Kong identity due to its advantages such as wide application, low processing cost, no industry restrictions, no need to obtain a Hong Kong job offer in advance, and freedom to choose work/start a business/study after arriving in Hong Kong. one.
Now is the moment when Hong Kong talents are in urgent need, and it is also the easiest opportunity to obtain Hong Kong identity in history. If you are also considering Hong Kong identity, you must seize the opportunity!
Xingyunhai International is headquartered in Hong Kong, China, occupying regional advantages and possessing strong resources. Professional consultants, senior copywriters, and post-service teams follow up the whole process, providing comprehensive and considerate services such as Hong Kong immigration, further education, and investment.
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