Talent Admission, Financial Planning and Extension of Stay A

Source from Hong Kong Immigration Department

There are two main types of talent admission offered by HKSAR

Introduction

The TTPS seeks to attract top talents with rich work experience and good academic qualifications from all over the world to explore opportunities in Hong Kong. These top talents include high-income talents and graduates from the world’s top universities.

Basic Eligibility Criteria

Persons who wish to apply to enter the HKSAR under the TTPS are not required to have secured an offer of employment in the HKSAR upon application. They may be granted 24 months’ stay on time limitation only without other conditions of stay provided that normal immigration requirements are met. Applicants may choose to apply for the TTPS under one of the categories as listed in paragraphs (a) to (c) below:

  1. persons with annual income reaching HK$2.5 million or above, or its equivalent in foreign currency, in the year immediately preceding the date of application (Category A);
  2. degree graduates of the eligible universities with at least three years of work experience over the past five years immediately preceding the date of application (Category B); or
  3. degree graduates of the eligible universities in the past five years immediately preceding the date of application with less than three years of work experience, subject to an annual quota which is to be allotted on a first-come, first-served basis (Category C); however, Category C does not apply to those non-local students who have obtained the undergraduate qualification in a full-time and locally-accredited programme in the HKSAR.

For detail, please surf the web site of Immigration Department

Introduction

The Scheme seeks to attract highly skilled or talented persons to settle in Hong Kong in order to enhance Hong Kong’s economic competitiveness. Successful applicants are not required to have secured an offer of local employment before their entry to Hong Kong for settlement. All applicants are required to fulfill a set of prerequisites before they can be awarded points under one of the two points-based tests, namely the General Points Test and Achievement-based Points Test, and compete for quota allocation with other applicants. Successful applicants under the Scheme may bring their spouse or the other party to a same-sex civil partnership, same-sex civil union, “same-sex marriage”, opposite-sex civil partnership or opposite-sex civil union entered into by him/her in accordance with the local law in force of the place of celebration and with such status being legally and officially recognised by the local authorities of the place of celebration and unmarried dependent children under the age of 18 to Hong Kong provided that they are capable of supporting and accommodating their dependants on their own financial resources without relying on public assistance in Hong Kong.

Basic Eligibility Criteria

Applicants who have met all the prerequisites may choose to be assessed either under the General Points Test or Achievement-based Points Test. There are six point-scoring factors under the General Points Test and one point-scoring factor under the Achievement-based Points Test.

General Points Test

Achievement-based Points Test

Our group will offer a tailor-made financial planning to the successful applicants who come to Hong Kong via Top Talent Pass Scheme (TTPS) and Quality Migrant Admission Scheme (QMAS). Our services include the personal tax planning, tax filing, advisory for housing allowance, rental allowance etc. For details, please contact our consultants immediately.

According to one of the requirements of the Immigration Department,  for those who have established or joined in business in the HKSAR, they are required to produce proof of their business. Successful applicants will normally be permitted to remain on time limitation only without other conditions of stay on the 3-3 year pattern. Then our group will assist our clients to incorporate a Hong Kong Company in order to build up their business, our service will include the company incorporation, accounting, corporate secretary in compliance with Hong Kong Companies Ordinance, tax planning, tax filing, statutory audit etc. For details, please contact our consultants immediately.