CentreO Blog

Below is the general list of the documents you will require:

1)  A copy of your resume

2)  A full copy of all passports held during the previous seven year period

3)  Copies of salaries tax returns for the last seven years

4)  Copy of residential tenancy agreements (for renters) or land registry record of your residence (for property owners) for the seven years prior to submitting the application

5)  Copies on utilities bills, bank and credit card statements and other papers which attest to a consistent period of residence in Hong Kong for the requisite seven years.

6)  A copy of your Smart Hong Kong Identity Card

7)  Detailed supporting letter which sets out the chronology of your life in Hong Kong

8)  Statement of Travel Records (HKID form ID697) and,

9)  The ROP 145 and ROP 146 application forms.

The HKImmD expects a foreigner, seeking an employment visa in Hong Kong to perform, at minimum, supervisory duties.

This calls for an employment that is valued at HKD 200,000 annually.

However, don’t take 200,000, divide it by 12 and aim for a monthly salary of HKD 16, 670.

No, the HKD 200, 000 amounts to the total value of the employment each year.

For example,

Salary  – XXXX

Employer MPF Contribution – XXXX

Guaranteed Bonus – XXXX

Medical Benefits – XXXX

Travel Allowance – XXXX

Meal Allowance – XXXX

Etc – XXXX

Total – 200,000

This provides more flexibility when the monthly cash salary is on the lower end of the scale, but the true cost of employment does reach the threshold for visa approval.

 

 

Below is the general list of the documents you will require:

1)  A copy of your resume

2)  A full copy of all passports held during the previous seven year period

3)  Copies of salaries tax returns for the last seven years

4)  Copy of residential tenancy agreements (for renters) or land registry record of your residence (for property owners) for the seven years prior to submitting the application

5)  Copies on utilities bills, bank and credit card statements and other papers which attest to a consistent period of residence in Hong Kong for the requisite seven years.

6)  A copy of your Smart Hong Kong Identity Card

7)  Detailed supporting letter which sets out the chronology of your life in Hong Kong

8)  Statement of Travel Records (HKID form ID697) and,

9)  The ROP 145 and ROP 146 application forms.

 

 

The HKImmD expects a foreigner, seeking an employment visa in Hong Kong to perform, at minimum, supervisory duties.

This calls for an employment that is valued at HKD 200,000 annually.

However, don’t take 200,000, divide it by 12 and aim for a monthly salary of HKD 16, 670.

No, the HKD 200, 000 amounts to the total value of the employment each year.

For example,

Salary  – XXXX

Employer MPF Contribution – XXXX

Guaranteed Bonus – XXXX

Medical Benefits – XXXX

Travel Allowance – XXXX

Meal Allowance – XXXX

Etc – XXXX

Total – 200,000

This provides more flexibility when the monthly cash salary is on the lower end of the scale, but the true cost of employment does reach the threshold for visa approval.

Applying for an investment visa can be quite nerve-wrecking. Naturally, you would want to do anything in your power to convince the HKIMMD that your business would benefit the economy of Hong Kong.

However, burning the midnight oil to compose “the ideal business plan” may….not be necessary at all.

Stephen Barnes points out:

“Certainly, every applicant for an investment visa needs to have a ‘planned business’ but it certainly doesn’t follow that, in order to get an approval, the Hong Kong Immigration Department insist on seeing a formal business plan as such”.

Most people, when considering applying for an investment visa, already have at least a basic document, which sets out how they see their business playing out over the first couple of years. This is just good planning and by no means a formal business plan.

This documented material does provide the essential elements of the argument underpinning the investment visa application and is an absolute gold mine of information for an immigration consultant .

Most definitely have your plans, intentions and money flows written down, but the HKID no more want to read a 60 page business plan in support of your application, than you want to write one.