At the end of 2021, the Australian government announced a new immigration policy for Hongkongers. Under this new policy, Hong Kong or British National Overseas passport holders can apply Hong Kong Stream - Permanent Residency (PR).After completing the studies in Australia on Student Visa (Subclass 500), one of the most common pathways to PR is through the Temporary Graduate visa (Subclass 485). It is a temporary visa that allows international students to live, study and work after they have hold an eligible and meet the Australian study requirement. Students are also allowed to include their family members in this visa application.485 visa is beneficial for the Hong Kong or British National Overseas passport holders. Applicant with this passport allows to stay in Australia for 5 years and will be eligible to apply Hong Kong Stream when they have lived in Australia for a specified period immediately before the date of the PR application.
In a shifting geopolitical landscape, Hong Kong's aspirations to emerge as a premier international talent hub and a center for innovation and technology have stood still.