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Big news! Hong Kong's "Gaitong" welcomes new changes

label: 2023-05-15

Big news! ! !


In order to effectively control the surge in the number of applicants and control the quality of introduced talents, Hong Kong has made the following major adjustments to the review standards for talents


01


Stricter examination of academic qualifications


According to the entry and exit regulations, the academic level obtained by the applicant from the top 100 universities in the world must be equivalent to the standard of a bachelor's degree recognized in Hong Kong. For the avoidance of doubt, honorary bachelor's degrees will not be accepted.


In other words, applicants only need to submit a bachelor's degree certificate from one of the world's top 100 prestigious schools before.


However, according to the feedback from applicants in recent times, many people have received emails that need to submit the academic qualification report certified by Xuexin.com or China Study Abroad Service Center.


Therefore, it can be seen that with the surge in the number of applicants for "Gaitong" in Hong Kong, the review of academic qualifications will become more stringent, and some applicants have already received the requirement to submit a supplementary academic certification report.


02


Increase the truthful declaration of non-criminal certificates


Previously, it was not necessary to submit a non-criminal certificate declaration to apply for "Gao Caitong". Later, due to the "public opinion controversy" caused by a certain case, the Hong Kong government issued an explanation overnight, and the applicant must declare whether he has a criminal conviction record in the electronic declaration form. Those who have already submitted their applications but are still in the process of approval must also submit relevant materials.


03


Category A applicants are required to provide tax details


Hong Kong's "Gaocaitong" application has strict requirements on the tax details of Type A applicants, and they need to provide relevant supporting materials to prove their income and assets.


Specifically, if the applicant received a salary income of 2.5 million Hong Kong dollars in the previous year, he needs to submit a tax payment certificate issued by the local tax department. The Immigration Department clearly pointed out that it is necessary to submit the "Income Tax Details Inquiry" corresponding to the "Individual Income Tax Tax Record".


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Detailed explanation of ABC class application


Category A application


Talents with an annual salary of HK$2.5 million and above (or equivalent in foreign currency) in the past year;


Income includes taxable employment and business income (including salaries, allowances, stock options, etc.).


Category B application


Obtain a bachelor's degree from a top 100 global university, and accumulate to 3 or more years of work experience (including full-time and self-employed persons) in the 5 years before applying.


Category C application


Less than 3 years of work experience, but have obtained a bachelor's degree from a top 100 global university within 5 years before applying (excluding graduates from local universities in Hong Kong).


04


Changes to Application Materials


In addition to the above three policy adjustments, Gaocaitong in Hong Kong has also made adjustments in other aspects:


① The declaration of occupation and industry (category A) has been added;


②Added the declaration of major subjects (category B, category C);


③ The application cycle has slowed down significantly;


④ Application review is more stringent than before.


With the "checking for omissions and filling in vacancies" in the approval process, the review requirements are becoming more and more stringent, and the supplementary materials that need to be submitted are becoming more and more detailed.


Therefore, for those who want to be successfully approved for "Gaitong" in Hong Kong, it is better to apply as soon as possible. For details, please consult Xiaoxing!

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