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Hong Kong: A Global Financial Hub with Endless Opportunities

Hong Kong stands out as one of the most corruption-free economies in the world, thanks to its robust public administration and the Independent Commission Against Corruption (ICAC). Known for its free-market principles, Hong Kong thrives as one of the world’s freest economies, embracing global trade and services while actively participating in international organizations to promote economic collaboration.

Why Choose Hong Kong?

Low Taxes and High Salaries

Hong Kong boasts one of the simplest and lowest tax regimes in the world, making it attractive for professionals and businesses alike. Salaries in most sectors are often higher than comparable jobs in regions such as Australia, Singapore, or the UK.

A Global Hub of Opportunities

Hong Kong’s strategic position and service-oriented economy drive its growth. Key highlights include:

Logistics and Trade-Support Services: Including product testing, trade finance, arbitration, and insurance.
Cultural and Creative Industries (CCI): Among the most dynamic sectors contributing to economic growth and job creation.
Four Key Industries: Financial services, trading and logistics, tourism, and professional and producer services drive Hong Kong’s economic growth.
International Financial Centre: With low taxes, near-free port trade, and a well-established financial market, Hong Kong is a hub for global trade and re-exports, which account for about four times its GDP.

Vibrant Lifestyle

Hong Kong offers a unique blend of Eastern and Western cultures. It’s a cosmopolitan city filled with world-class shopping, a lively nightlife, arts centers, museums, and libraries.

Opportunities

Logistics and trade-supporting services, such as Product testing and inspection, Arbitration and mediation, Trade finance documentation and Insurance.
The cultural and creative industries (CCI) are among the most dynamic sectors in Hong Kong, contributing to economic growth and job creation.
Four Key Industries in Hong Kong, including financial services, trading and logistics, tourism, and professional and producer services have been the driving force of Hong Kong’s economic growth.
One of the world’s leading international financial centres, Hong Kong’s service-oriented economy is characterised by low taxation, near-free port trade and well-established international financial market.
Hong Kong has a free market economy, highly dependent on international trade and finance – the value of goods and services trade, including the sizable share of re-exports, is about four times GDP.
Hong Kong levies excise duties on only four commodities, namely: hard alcohol, tobacco, hydrocarbon oil, and methyl alcohol.

One of the world’s leading international financial centres, Hong Kong’s service-oriented economy is characterised by low taxation, near-free port trade and well-established international financial market. Hong Kong has a free market economy, highly dependent on international trade and finance – the value of goods and services trade, including the sizable share of re-exports, is about four times GDP.

Quality Migrant Admission Scheme (QMAS)

Entrant quota-based scheme: Aimed at attracting highly skilled and talented people to Hong Kong.
Prerequisites: Applicants must meet specific eligibility requirements before applying.
Points Test: Applicants must pass either the General Points Test or the Achievement-based Points Test.
Selection Exercise: High-scoring applications are selected quarterly for further assessment by the Hong Kong Department of Immigration.
Approval-in-Principal: Selected applicants receive an Approval-in-Principal letter, which requires them to attend an interview with original documents for verification.
Visa/Work Permit: If approved, an entry visa or work permit is granted for one year.
Extension: Applicants may apply for an extension of stay within four weeks before the visa/work permit expires if they wish to continue living in Hong Kong.
Right of Adobe: After residing in Hong Kong for at least seven years, applicants and their dependents can apply for the right of abode.
No Application Fee: No application fee is charged when submitting an application.

Eligibility Criteria

Individuals who wish to come to the Hong Kong under the Quality Migrant Admission must satisfy below prerequisites:

Point based Test: Prevailing minimum passing mark is 80.
Age: 18 Years or above.
Financial Requirement: Capable of supporting and accommodating he / she and his /her dependants, on his/her own financial resources without relying on public assistance during the stay in Hong Kong.
Good Character: No criminal record or adverse immigration record in Hong Kong or elsewhere.
Language proficiency: IELTS – Overall 6.5 or should be proficient in written and spoken English or Chinese (Putonghua or Cantonese).
Qualification: Good education background, normally a first degree from a recognized university or a tertiary educational institution.
National: The Scheme is not applicable to nationals of Afghanistan, Cambodia, Cuba, Laos, Korea (Democratic People’s Republic of), Nepal and Vietnam.
Eligibility for further Extension: He/she has settled in Hong Kong; andhas made contribution to Hong Kong, such as engaging in a graduate, specialist or senior level gainful employment or establishing a business of a reasonable size in Hong Kong.

Points Based Test

In addition to meeting all Pre-Requisites, applicants have to pass any one of the points based test: General Points Based Test OR Achievement Points Based Test

General Points Based Test is based on