Investment visa for Hong Kong-Asian Bridge
A subclass of a work visa application, an investment visa or entrepreneur visa is for business owners or entrepreneurs who intend to remain in Hong Kong and actively participate in ongoing company activities.
A subclass of a work visa application, an investment visa or entrepreneur visa is for business owners or entrepreneurs who intend to remain in Hong Kong and actively participate in ongoing company activities.
An applicant for an investment visa must demonstrate the following:
1. He or she is the Hong Kong company's single or primary stakeholder. One must be the largest stakeholder of the company and make a sizable financial contribution in order to distinguish an investment visa application (also known as an entrepreneur visa application) from a work visa application. If not, applying for a work visa would be preferable.
2. His or her business will help the Hong Kong economy.
The following factors will be prioritized by the immigration department:
1. Employing locals;
2. Having an office;
3. Engaging in actual or potential business with the Hong Kong company;
4. Possessing sufficient funds;
5. The applicant must be clear of any criminal convictions.
The HK Immigration Department does not set a minimum amount of capital that must be invested in a company before a person can apply for an investment visa. However, candidates must demonstrate that they have enough money to finance both their own needs and the operation in Hong Kong. As a result, one of the supporting criteria demanded by the Hong Kong Immigration Department is sound financial statements.
Which nations are not eligible for the Entrepreneur/Investment Visa?
The following nations are ineligible for the investment/entrepreneur visa: Afghanistan, Cuba, Laos, North Korea (also known as the Democratic People's Republic of Korea), Nepal, and Vietnam.
Chinese citizens living abroad may apply for the Investment/Entrepreneur Visa.
However, foreign-born Chinese citizens who are residing abroad, own a passport issued by the People's Republic of China, meet all the other qualifications (included in this article), and have satisfied the standard immigration requirements are qualified to apply for a Hong Kong investment visa if:
1. The applicant has a permanent residency abroad, or
2. The applicant has lived abroad for at least a year prior to submitting the application.
The term "overseas" is defined as including places other than Mainland China, Hong Kong, and Macao.
In this situation, the application has to be sent from abroad.
What are deemed eligible to contribute to the economy of Hong Kong?
A foreign professional may be favorably seen as a candidate for the investment/entrepreneur visa if they are able to contribute significantly to Hong Kong's economy. A company plan, business revenue, financial resources, investment amount, the number of employment produced locally for Hong Kong residents, and the adoption of new technology or skills can all be used to assess the actual potential contribution.
Business Plan: A two-year firm plan is required from any applicant looking to start a new business in Hong Kong. The business nature, market analysis, market positioning, business direction, sales targets, product marketing strategy, and more should all be covered in the business plan.
A two-year prognosis of the balance sheet, cash flow statement, and profit-and-loss account must also be provided by the application. The purpose of this material is to show that the company can operate in Hong Kong and grow there.
The Hong Kong Immigration Department may confer with other HK government departments, consultants, or specialists in light of the applicant's business strategy. In order to determine whether the proposed firm will actually aid in Hong Kong's general economic development.
If the applicant's business is a component of or can complement an industry in which Hong Kong typically enjoys significant benefits, the HK Immigration Department may take that into account. The four traditional pillar industries, such as trade and logistics, tourism, financial services, and professional and producer services, are among these sectors. The industries could alternatively fall under one of the four sector clusters: professional services, manufacturing, innovative technology, cultural and creative industries, and transportation, convention and exhibition industries.
An applicant for an investment visa must demonstrate the following:
1. He or she is the Hong Kong company's single or primary stakeholder. One must be the largest stakeholder of the company and make a sizable financial contribution in order to distinguish an investment visa application (also known as an entrepreneur visa application) from a work visa application. If not, applying for a work visa would be preferable.
2. His or her business will help the Hong Kong economy.
The following factors will be prioritized by the immigration department:
1. Employing locals;
2. Having an office;
3. Engaging in actual or potential business with the Hong Kong company;
4. Possessing sufficient funds;
5. The applicant must be clear of any criminal convictions.
The HK Immigration Department does not set a minimum amount of capital that must be invested in a company before a person can apply for an investment visa. However, candidates must demonstrate that they have enough money to finance both their own needs and the operation in Hong Kong. As a result, one of the supporting criteria demanded by the Hong Kong Immigration Department is sound financial statements.
Which nations are not eligible for the Entrepreneur/Investment Visa?
The following nations are ineligible for the investment/entrepreneur visa: Afghanistan, Cuba, Laos, North Korea (also known as the Democratic People's Republic of Korea), Nepal, and Vietnam.
Chinese citizens living abroad may apply for the Investment/Entrepreneur Visa.
However, foreign-born Chinese citizens who are residing abroad, own a passport issued by the People's Republic of China, meet all the other qualifications (included in this article), and have satisfied the standard immigration requirements are qualified to apply for a Hong Kong investment visa if:
1. The applicant has a permanent residency abroad, or
2. The applicant has lived abroad for at least a year prior to submitting the application.
The term "overseas" is defined as including places other than Mainland China, Hong Kong, and Macao.
In this situation, the application has to be sent from abroad.
What are deemed eligible to contribute to the economy of Hong Kong?
A foreign professional may be favorably seen as a candidate for the investment/entrepreneur visa if they are able to contribute significantly to Hong Kong's economy. A company plan, business revenue, financial resources, investment amount, the number of employment produced locally for Hong Kong residents, and the adoption of new technology or skills can all be used to assess the actual potential contribution.
Business Plan: A two-year firm plan is required from any applicant looking to start a new business in Hong Kong. The business nature, market analysis, market positioning, business direction, sales targets, product marketing strategy, and more should all be covered in the business plan.
A two-year prognosis of the balance sheet, cash flow statement, and profit-and-loss account must also be provided by the application. The purpose of this material is to show that the company can operate in Hong Kong and grow there.
The Hong Kong Immigration Department may confer with other HK government departments, consultants, or specialists in light of the applicant's business strategy. In order to determine whether the proposed firm will actually aid in Hong Kong's general economic development.
If the applicant's business is a component of or can complement an industry in which Hong Kong typically enjoys significant benefits, the HK Immigration Department may take that into account. The four traditional pillar industries, such as trade and logistics, tourism, financial services, and professional and producer services, are among these sectors. The industries could alternatively fall under one of the four sector clusters: professional services, manufacturing, innovative technology, cultural and creative industries, and transportation, convention and exhibition industries.