Hong Kong Investment Visa (Entrepreneur Visa) – 3

How to make your Hong Kong Investment Visa application more favourable to the Immigration Officers?

Hong Kong welcomes the overseas entrepreneurs as the act is contributing to the city. Definitely, you will be the more favourable Hong Kong Investment Visa applicant if you are a potential contributor. In fact, the actual potential contribution can be evaluated through a business plan. The statistics of business turnover, financial resources, investment sum, number of jobs created locally for HK residents, and the introduction of new technology or skills.

How to prove your business is benefiting Hong Kong Economy?

You have to submit a two-year business plan stating the nature of the business, market analysis, market positioning, business direction, sales targets, product marketing strategy, etc. In order to demonstrate that the business is suitable for and capable of developing in Hong Kong. Also, you should submit a two-year forecast of the profit-and-loss account statement, cash flow statement and balance sheet to demonstrate the feasibility of the business in terms of operation, finances and development.

Even though Hong Kong doesn’t state the minimum investment amount. You still have to submit documentary proof showing the amount of capital investment, proof of your personal and company bank statement and proof of other sources of funding.

Besides, the financial benefit from the business. The Immigration Officer will take into account if your business can create jobs locally. Thus, you have to indicate the number and level of actual jobs created locally. Furthermore, if you can introduce a new technology or skills to Hong Kong. Definitely, your application will become more favourable.

If your business belongs to or is able to complement industries that Hong Kong usually gets considerable advantages. The industries include the 4-traditional pillar industries. That is, trading and logistics, tourism, financial services, and professional and producer services. The industries may also be the four clusters of sectors for example: transportation, convention and exhibition industries and tourism, manufacturing industries, innovative technology and cultural and creative industries, and professional services.

For further information, please contact us.

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