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Hong Kong Master's Students' Preferential Policies in Mainland China


Release time:

2022-04-20

Hong Kong Master's Students' Preferential Policies in Mainland China

 

 

Tax-exempt vehicle benefits, household registration policies, rental/housing subsidies
Can purchase a tax-exempt vehicle
For example: Audi A6L can save 157,000 yuan directly


Can enjoy talent household registration policies
Bachelor's degree under 40 years old, Master's degree under 45 years old
Can directly settle in Guangzhou or Shenzhen


Can receive housing and living subsidies
Shenzhen 25,000 yuan/person
Changsha 10,000 yuan/person/year


Can apply for entrepreneurship policies and subsidies
Shenzhen overseas study personnel entrepreneurship funding
First-class funding 1 million yuan

 

 


Why study for a master's degree in Hong Kong? This is the most realistic answer I've seen.
In recent years, studying in Hong Kong has become very popular, one reason being that the taught master's programs in Hong Kong generally allow students to obtain a degree in just one year. For students, while enjoying world-class teaching resources and job opportunities, they save both time and money, making studying in Hong Kong naturally sought after. Many students think about going to Hong Kong to enhance their qualifications while worrying that a degree obtained in just one year may lack substance. Regarding the value of a master's degree from Hong Kong, we can actually judge it from the following aspects:

 

01/Education Quality
Although Hong Kong is small, it is home to many prestigious universities. Considering the land area, Hong Kong is the city with the highest density of world-class universities. According to the 2022 QS World University Rankings, the University of Hong Kong ranks 22nd, the Hong Kong University of Science and Technology ranks 34th, the Chinese University of Hong Kong ranks 39th, the City University of Hong Kong ranks 53rd, and the Hong Kong Polytechnic University ranks 66th.


02/Study Abroad Costs
I believe many students, when considering studying abroad, are not only concerned about the quality of education but are also sensitive to the costs. So, how much does it cost to study in Hong Kong each year? The tuition for a master's degree in the humanities is about 100,000 to 150,000 HKD/year, while for business, it is about 200,000 to 300,000 HKD/year. Including rent and living expenses, the cost of studying for one year of graduate school is about 350,000 to 500,000 HKD. Compared to studying in Europe and the United States, the cost-effectiveness of studying in Hong Kong is very high. Many prestigious universities in Hong Kong are not difficult to apply to, and without leaving the country, one can obtain a shiny diploma for less money in just one year. Why not take advantage of such a good opportunity?


03/Employment Prospects
When considering studying abroad, students are naturally concerned about how their study abroad experience will help with future employment. In this regard, the advantages of studying in Hong Kong are very obvious. First, the Hong Kong government offers visa incentives for international students, stipulating that non-local graduates can apply for the IANG visa as long as they obtain the corresponding degree in Hong Kong, allowing them to stay for 12 months to find a job, and they can renew their visa if they meet the requirements after finding a job. Data shows that from 2019 to 2022, the average annual salary of the top 8 undergraduate graduates in Hong Kong was 266,000 HKD, with different majors having varying average salaries. Mainland students who choose popular majors in business/management have an average annual salary of 234,000 HKD.


04/Treatment of International Students
Of course, if students choose to return to the mainland after graduation, holding a high-value degree from a prestigious university in Hong Kong will be advantageous, and they will enjoy many benefits, including settling in major cities, purchasing tax-exempt vehicles, entrepreneurship incentives, and so on.
1,International students who obtain a bachelor's degree or higher abroad or in Hong Kong, Macau, and Taiwan can enjoy preferential policies for cross-regional household registration.
2,International students who study abroad or in Hong Kong, Macau, and Taiwan for more than one year can also purchase a tax-exempt car through customs when returning to work in the country.
3,International students who obtain a certificate of return from studying abroad can also enjoy some tax reduction policies when starting a business in high-tech parks in certain areas.

 

 

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