Begin A New Life In Hong Kong
Literally meaning “fragrant harbour” in Chinese, Hong Kong offers endless possibilities.
Living in Hong Kong is a rewarding, as well as exciting, prospect. You can expect to make a lucrative career while you live and work in Hong Kong. There is a lot of culture to be discovered in the meanwhile.
Hone Kong has a long and impressive history of welcoming foreign workers and expats.
Offering rewarding career opportunities, Hong Kong is regarded to be an important gateway into the global market for many multinational companies. Hong Kong has many job opportunities in the financial sector, as well as in tech, HR, and advertising.
A vibrant city, Hong Kong offers a gateway into Mainland China.
About Hong Kong
A special administrative region of China, Hong Kong is located to the east of the Pearl River on the South China Sea delta.
Hong Kong is officially the Hong Kong Special Administrative Region of the People’s Republic of China.
Hong Kong is made up of Hong Kong Island, the Ngong Shuen Island, southern part of the Kowloon Peninsula, and the New Territories (includes the mainland area and 230 islands leased from China).
The entire territory came to be returned to China on July 1, 1997, in keeping with the Chinese-British joint declaration. While Hong Kong became a Special Administrative Region of the People’s Republic of China in 1997, the Basic Law allows for a high level of autonomy.
The population of Hong Kong is around 7.5 million individuals. A majority of the population is of Chinese ethnicity. Other significant national groups include those from the Philippines, Indonesia, and India.
Initially developed based on its excellent natural harbour, Hong Kong has expanded across the years. Today, Hong Kong has emerged to be a prominent trade and financial centre.
The world’s 8th largest trading economy, Hong Kong’s economy is characterized by minimum government intervention, low taxation, and free trade.
Prominent cities in Hong Kong –
WHY SETTLE IN HONG KONG
With a modern and prosperous working environment, Hong Kong is among the wealthiest countries in the world.
The local language of Hong Kong is Cantonese. However, English is the de facto second language.
Hong Kong holds the unmistakable promise of a wonderfully privileged lifestyle, along with a great social life.
You can work in Hong Kong when in the country as a dependent of a Hong Kong visa holder. Setting up own business – either as a limited company or a proprietorship business – is also a generally easy process.
Hong Kong welcomes professionals and talent – skilled workers, experts, and entrepreneurs – from across the world to work, invest, and live in Hong Kong.
Many talent admission schemes are available as part of an initiative by the government.
Admission schemes for talent, professionals and entrepreneurs include, among others –
Based on an annual quota, Hong Kong’s Quality Migrant Admission Scheme (QMAS) seeks to attract talented or highly-skilled individuals to settle in Hong Kong, thereby enhancing Hong Kong’s global competitiveness on a global scale.
No Hong Kong job offer needed for entering the country for settlement purposes under the QMAS. Applicants will be required to fulfil a set of pre-requisites to be allotted points under any of the two points-based tests – the Achievement-based Points Test, and the General Points Test.
Successful entrants might bring along their spouse/partner and unmarried children below 18 years of age when they come to Hong Kong. The dependent’s length of stay in Hong Kong will be as per that of the principal applicant,
Dependents can study or take up employment while in Hong Kong.
Permanent residence in Hong Kong
After seven years’ continuous residence in Hong Kong, entrants and their dependents become eligible for applying for Hong Kong permanent resident status.
HOW Y-AXIS CAN HELP YOU
Y-Axis provides you unbiased immigration advice, helping you to select the best overseas option for yourself, based on your educational background, qualifications, requirements and preferences.
How many points do I need for QMAS?
A minimum of 80 points will have to be scored under the General Points Test. Overall 225 maximum points available.
What factors are assessed for Hong Kong QMAS?
Factors assessed for the QMAS general Points Test
- Age (max points: 30)
- Academic/professional qualification (max points: 70)
- Work experience (max points: 55)
- Talent list (max points: 30). Additional points given if meet the specifications of the relevant profession on the Talent List.
- Language proficiency (max points: 20)
- Family background (max points: 20)
What is the TechTAS of Hong Kong?
Here, by TechTAS is implied the Technology Talent Admission Scheme of Hong Kong.
TechTAS offers a fast-track pathway for eligible companies in Hong Kong to bring in non-local tech talent for taking up research and development (R&D) work for them in Hong Kong Special Administrative Region (HKSAR).
Eligible companies will have to first apply for a quota to the Innovation and Technology Commission (ITC).
What is the processing time for TechTAS applications?
Generally, two weeks is the standard processing time for Hong Kong employment visa / entry permit under TechTAS.
The processing time is to be calculated from the date of receipt of the complete application, requiring no further documentation and missing no required information.
speak to a counsellor
We will connect you to a Y-Axis Consultant ASAP.