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Hong Kong ． Employment as Professionals vs. Investment as Entrepreneur

To be able to work in one of the world’s most exciting cities, you need a Hong Kong work permit and temporary residency. Let’s take a closer look at the respective specificities of the Employment visa and the Investment as Entrepreneur visa.

Trifles with Hong Kong Work Visa

Public opinion claims that foreign workers are the biggest competitor for local jobs seekers – especially workers at the technician level or below – therefore affecting the labor market in Hong Kong. Some further conjecture that overseas workers are willing to accept jobs at lower salaries, therefore affecting the local salary level in the long run. In fact, the Hong Kong Immigration Department (IMMD) and the Labour Department have clear guidelines on the recruitment of and issuance of work visas to all foreign and overseas workers. [...] Beside visas and permits for technicians and low-skilled workers, the Hong Kong labour market has a strong appetite for skilled professionals and offers various types of work visas to foreign nationals through its General Employment Policy (GEP), Admission Scheme for Mainland Talents and Professionals (ASMTP), Technology Talent Scheme (TechTAS), and Investment as Entrepreneurs. A work visa may also be issued to foreigners who come to Hong Kong for a Training.