Hong Kong Government Intensifies Efforts to Attract Top Talent

In a comprehensive strategy unveiled on 26 February 2025, Financial Secretary Paul Chan detailed several government initiatives for international top talent acquisition and retention across various sectors. These measures target working professionals, investors, and students in multiple industries. Enhanced Admission Schemes To address manpower shortages in skilled trades, the government plans to improve the Admission…

Initiatives for Hong Kong’s Cultural and Creative Industries Launched

Hong Kong’s Cultural and Creative Industries to Receive Financial and Other Support from the Government Hong Kong has announced several initiatives for the development of tourism in the region. The initiatives, mentioned in the budget speech, have been aimed towards the cultural and creative industries. Support for Local SMEs The first initiative is the funding…

New Capital Investment Entrant Scheme Enhanced to Attract Global Investors

Better Rules For New Investors Will Bring In Investors From Around The World The government recently announced several enhancement measures for the New Capital Investment Entrant Scheme (New CIES). The measures, effective 1 March 2025, include relaxing the restrictions on applicants’ asset appraisal and computation. Due to the enhancements, the New CIES requires applicants to…

Strengthening Innovation with the Agreement for International Talent and Tech Innovation

Strengthening Innovation with the Agreement for International Talent and Tech Innovation

  Agreement for International Talent and Tech Innovation Strengthens Hong Kong’s Role in Technology Hong Kong recently took a major step forward in becoming a leader in global innovation and talent development. Chief Executive John Lee and China Association for Science & Technology (CAST) President Wan Gang witnessed the signing of the Cooperation Framework Agreement…

Multiple-entry Scheme to Boost Hong Kong’s Tourism and Economy

Multiple-entry Scheme to Boost Hong Kong’s Tourism and Economy

Multiple-entry Scheme Resumes for Shenzhen Residents The Hong Kong Special Administrative Region (SAR) Government has announced the resumption of the multiple-entry Individual Visit Scheme (IVS) for permanent residents of Shenzhen. This convenient scheme allows residents of certain mainland Chinese cities, including Shenzhen, to visit Hong Kong and Macau multiple times on a single visa within…