Common Questions about the Hong Kong Quality Migrant Admission Scheme (Part 2)
Release time:
2023-03-13
Common Questions about the Hong Kong Quality Migrant Admission Scheme (Part 2)

6.Are there financial requirements for applying for the Talent Scheme?
Yes. When submitting the application, you must provide proof that the applicant's family has the financial means to support themselves in Hong Kong for the first year without relying on public assistance from the Hong Kong government.
For singles, it's about 8,000 to 10,000 HKD per month, and for families, it's about 15,000 to 20,000 HKD per month. This can be proven with bank statements, stocks, property certificates, etc. There is no need to provide the source of funds.
7.After the Talent Scheme application is approved, do you receive a temporary Hong Kong identity card?
No, there is no temporary identity card in Hong Kong. Hong Kong identity cards are divided into two types: one is the Hong Kong resident identity card, and the other is the Hong Kong permanent identity card. After the Talent Scheme is approved, you will receive a Hong Kong resident identity card.
After seven years, if the applicant can prove that they have made Hong Kong their permanent residence, they can then apply to become a permanent resident of Hong Kong. At that time, they can also obtain a Hong Kong passport and cancel their Chinese passport!
8.What is the difference between the Talent Scheme immigration and the Hong Kong investment immigration?
The fundamental difference between the Talent Scheme immigration and investment immigration is: the Talent Scheme requires the applicant to work in or be assigned to work in the mainland by a Hong Kong company (i.e., employed by a Hong Kong company and assigned to work in the mainland) or to conduct business in Hong Kong for seven years, while investment immigration requires an investment of 6.5 million HKD in Hong Kong for seven years.

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