Hong Kong does not have a citizenship by investment program it does offer various routes to residency for talents, professionals, and entrepreneurs. Hong Kong offers several categories of employment and investment. A Permanent Residency Visa can be granted after 7 years of residency in Hong Kong. After 7 years of continuous residency, you may be eligible for permanent residency, provided that you have paid taxes in each year and direct dependents may be included.
Factors Needed to Determine Eligibility
Step 1: Gather all the documents apart from the Hongkong visa application form, you also need to attach a copy of the passport’s page. A copy of your valid travel document if you are staying in Hong Kong currently.
Step 2: Submit the application form to the Immigration Department of Hong Kong by post. The Hong Kong authorities will notify you within 3 to 5 months.
Step 3: If your application is approved, you will get the visa. Collect it at the Hongkong Immigration Department. The visa will act as a license that will permit you to enter Hongkong. If your application is rejected, you have the option to appeal to reconsider your application.
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Hong Kong does not offer citizenship.
Yes. Direct dependents may be included in the application.
After 7 years of continuous residency, you may be eligible for permanent residence, provided that you have paid taxes each year.
This temporary visa allows a stay of 24 months, renewable, provided that the business is still operating. After the first renewal, the permit must be renewed every 3 years.
Yes. Most newcomers to Hong Kong (whether they are from Mainland China or elsewhere) are required to reside in Hong Kong for 7 years before obtaining Hong Kong permanent resident.
Yes. When the foreigner is absent from Hong Kong for any continuous period of 3 years or more.
Yes. Restricted nationalities are China, Afghanistan, Cuba, Laos, North Korea, Nepal, and Vietnam.
An interview is not required in applying for residency in Hong Kong.
No. There are no language requirements for Hong Kong residency.
To be considered a tax resident in the country, individuals must reside or stay in Hong Kong for more than 180 days per year or more than 300 days in two consecutive years.
In Hong Kong, income tax is levied on a territorial basis. This means that both residents and non-residents are subject to income tax on their income accrued in Hong Kong, foreign-source income being exempt from taxation
There is no inheritance tax in Hong Kong.
There is no net worth tax in Hong Kong.