ARTICLE
21 October 2022

New Plans For Attracting High-Skilled Global Talent

EG
Envoy Global, Inc.

Contributor

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Founded in 1998, Envoy is a global immigration services provider offering the only immigration management platform that makes it seamless for companies to hire and manage an international workforce. We combine expert legal representation and proprietary technology to bring efficiency and transparency to the immigration process for employers and employees.
The authorities of Hong Kong introduced new measures to attract global talent and boost the economy of the region. These measures will include...
Hong Kong Immigration

Key Points

  • The authorities of Hong Kong plan to introduce measures aimed at attracting global talent and boosting the economy throughout the region

Overview

The authorities of Hong Kong introduced new measures to attract global talent and boost the economy of the region. These measures will include:

  • Introducing a new office for Attracting Strategic Enterprises (OASES)
  • Launching a new Top Talent Pass Scheme for foreign nationals earning at least HKD 2.5 million per year, who have graduated from a top university in the last three years
  • Enhancing existing talent admission schemes throughout the region
  • Reducing requirements under the Technology Talent Admissions Scheme by lifting local employment quota requirements and maintaining quotas for a period of two years
  • Reducing requirements for some visitors to apply for an employment visa when participating in short-term business activities in Hong Kong

What are the Changes?

The authorities of Hong Kong launched plans aimed at increasing the number of highly skilled foreign nationals working in the region. According to the announcement, these measures are intended to attract high-potential talent from around the world to Hong Kong.?

Looking Ahead

Continue to check the authorities of Hong Kong's website and Envoy's website for the latest updates and information.

Originally published 20 October, 2022

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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