On August 31, the Secretary for Labor and Welfare of the Hong Kong Special Administrative Region Government, Mr. Suen Yuk-han, announced in a radio interview that the authorities were conducting a comprehensive review of the “High-end Talent Pass Scheme”, which has been implemented for nearly two years.
At the same time, he emphasized that the first batch of top talents will be renewed early next year.
01
Early next year
Will usher in the first batch of renewed senior talents
Mr. Sun Yuhan revealed that the government is currently reviewing the Highly Talented Persons Scheme, which has been very effective overall and has played a significant role in building a talent convergence highland.
Since its implementation at the end of 2022, the Scheme has been committed to attracting talents with rich working experience and high academic qualifications from around the world to develop in Hong Kong.
The scheme was originally scheduled to be implemented for two years only. According to the latest statement from LWB, the Hong Kong Government will continue to promote the scheme and optimize the details of the scheme based on the results of the review to be completed soon, so as to ensure its attractiveness to outstanding talents.
Early next year, the first batch of talents participating in the Highly Talented Persons Scheme will reach the renewal point.
Mr. Suen said the authorities will strictly follow the established rules for vetting and approval, focusing on whether the applicants have secured a job or successfully started a business as proof of their strong contribution to the Hong Kong economy.
02
Renewal of High Talent Pass
Critical
Renewal of the Highly Qualified Persons (HQP) Scheme is only approved once. If the applicant is unsuccessful, he/she will not be able to apply for residency through the HQP Scheme, and his/her road to obtaining permanent resident status in Hong Kong will become even longer.
Therefore, Starlet is reviewing the key points of visa renewal again today in the hope that it can help you.
1. Mode of renewal
The renewal period of the Highly Talented Persons Program varies according to the categories of applicants, with the general category adopting the “2+3+3” mode and the top talents adopting the “2+6” mode.
Applicants are required to submit the renewal application within 4 weeks before the expiry date of their period of stay, and both the applicant and the dependants should be in Hong Kong when submitting the application, paying the fee and collecting the renewal documents to ensure the smooth flow of the renewal process.
2. Work Requirement
There are two main types of visa renewal under the HSPA: working in Hong Kong (employed) and starting a business in Hong Kong (self-employed).
For applicants who choose to work in Hong Kong, there is no strict restriction on the choice of industry. It is recommended that the applicant's field of work is related to his/her professional background or previous work experience, which will be more conducive to the smooth renewal of the Highly Talented Person endorsement.
At the same time, applicants holding senior positions in companies in Hong Kong are required to have salaries at industry level.
For applicants who choose to start their own business, the first and foremost condition for visa renewal is to ensure that the company is registered in Hong Kong and has real and effective business operations, and is able to make positive contributions to the economic and social development of Hong Kong.
For companies operating in Hong Kong, the applicant's office premises, number of employees, business status, etc. are all important bases for assessment.
The success or failure of the visa renewal is decisive for the applicant, if you are facing the need of status renewal, welcome to contact Nebula Hai International.
Headquartered in Hong Kong, China, Nebulae International has a team of professional consultants, senior copywriters, and after-sales service to provide you with a full range of attentive services.
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