Macau offers residency to foreign investors through a qualified investment scheme. The scheme promotes long-term benefits to the economy and must create jobs. Macau, officially the Macao Special Administrative Region of the People’s Republic of China, is an autonomous territory on East Asia’s western side of the Pearl River estuary. Macau was formerly a colony of the Portuguese Empire and remained under Portuguese control until 1999 when it was returned to China. Its economy is heavily dependent on gambling and tourism, with the largest gaming revenue since 2006. As a special administrative region, Macau maintains a separate political and economic system apart from mainland China.
The minimum amount to gain residency via investment in Macau was increased to MOP 13 million ($1.6 million) on November 15, with plans to increase it further to MOP 15 million ($1.8 million).
Industrial entity (Article 2 (1) of Administrative Regulation No.3/2005)
Service entity (Article 2 (2) of Administrative Regulation No.3/2005)
Hospitality entities and other similar entities (Article 2(3) of Administrative Regulation No.3/2005)
Disadvantageous Investment Plans
The implementation status of the investment plan will be taken into consideration for the assessment. If the investment plan has been implemented, it is relatively easier to assess the progress, however, if the investment plan has not yet been implemented, the applicant should provide documentary proof of the feasibility of the related project. In principle, the higher the actual investment amount, technology level, registered capital, intended investment amount, and share-holding proportion contributed or to be contributed in the investment plan, the more advantageous it is for the application. Consideration will also be given to whether the investment plan can contribute to Macao’s long-term development strategy of moderate economic diversification and becoming a One Centre, One platform.
The investment plan must make a contribution to Macao’s Labor and Employment Market by creating more local jobs. Other Beneficial Factors that the investment plan will contribute to the long-term development of Macao’s economy.
Step 1: Find out if you need a visa
Step 2: Find out which visa you need
Step 3: Prepare the required documents
Step 4: Submit the application
Step 5: Pay the fee and collect your visa
Privacy World offers its services to anyone, not only looking to obtain residency and citizenship processes but our experts figure out legal ways to:
Privacy World can also help you with incorporating your company in Macau, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
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Macau is considered a territory of China, and for the most part, follows China’s citizenship laws. China does not recognize dual citizenship. As a former colony of Portugal, it is technically possible to have dual citizenship in both China and Portugal for those with a previous or ongoing relation to Macau.
Permanent residents who are not Chinese nationals automatically lose the right of abode if they are absent in Macau for more than three years.
Non-residents seeking to become permanent residents must be ordinarily resident in Macau for a continuous period of at least seven years before becoming eligible for status.
Generally, professional tax is payable by anyone receiving income from employment services performed in Macau or from a Macau employment, irrespective of the following:
Earnings of self-employed persons are also subject to professional tax.
There are no wealth/worth taxes in Macau.
There are no inheritance taxes in Macau.