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Launch Of The Top Talent Pass Scheme – Work Visas

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Key Points  


  • Hong Kong officially launched the Top Talent Pass Scheme
    intended to attract highly skilled global talent

Overview  

The authorities of Hong Kong officially launched the Top Talent Pass
Scheme
 on 28 December 2022. The scheme will
permit a maximum stay of 24 months. During this period, the holder
will be permitted to work in Hong Kong, change employers, or
establish a business in Hong Kong. A three-year extension will be
permitted for applicants who continue to meet the conditions of the
scheme.  

Eligible applicants can apply under one of the following
categories: 

  • Category A: have an annual income of
    HK$2.5 million or more (or its equivalent in a foreign
    currency). 

  • Category B: Hold a graduate degree from
    one of the world’s top 100
    universities
     within the past five years and
    have less than three years of work experience.  

  • Category C: Hold a graduate degree issued
    from one of the world’s top 100
    universities
     within the past five years and
    hold less than three years of work experience, subject to an annual
    quota of 10,000. Eligible applicants under this category cannot
    have obtained an undergraduate degree from a program in Hong
    Kong.  

Eligible applicants under the scheme will be permitted to submit
dependent visas that will permit eligible family members to live,
study or work in Hong Kong. The scheme is intended for nationals
from all countries except Afghanistan, Cuba, Laos, North Korea,
Vietnam and Nepal.  

What are the Changes?  

The authorities of Hong Kong officially launched a new work
scheme for foreign nationals meeting certain income or educational
background requirements. These measures are a part of Hong
Kong’s efforts to attract high-potential
talent
 from around the
world.  

Looking Ahead  

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

Originally published 27 january 2023

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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