Hong Kong is a wonderful destination both for leisure and business. It remains one of the world’s most vibrant destinations because it has so much to offer to the weary world traveller and to happy tourists. There are a few things that business visitors to Hong Kong need to be mindful of, though, especially when it comes to visa requirements. Unlike in some other countries which allow business owners to travel into the country on tourist or visitor visas, Hong Kong has strict immigration laws which require business owners to apply for business visa in Hong Kong. This is a must even if the visit is just for a one-day meeting or for a short duration of three days.
As a business owner, before you apply for the work visa in Hong Kong, you would need to understand the different types of business visas in Hong Kong. The most common business visa is the Entry Hong Kong Investment Visa. This is the Hong Kong company visa that is required for business owners who want to do company registration in Hong Kong. Only Mainland Chinese nationals are not required to apply for any visa for entry into Hong Kong. Business owners from other countries would thus have to make an application and provide suitable proof that they are keen to invest in Hong Kong. Relevant documentations include previous educational background and qualifications. The applicant would also need to provide proof of experience and show Immigration officials that they are in a position to contribute economically to Hong Kong. Additionally, applicants for the Entry Hong Kong Investment Visa would need someone to sponsor their application. The sponsor has to be a resident of Hong Kong, be above the age of 18 years and is proven to be a known acquaintance of the applicant.
On the other hand, someone who does not intend to set up a business in Hong Kong but instead prefers to be an investor in existing corporations in the city would need to make an application for another type of Hong Kong immigration visa. This Hong Kong work visa is known as Capital Investment Entrant Scheme. Since the applicant is only involved in investment activities in the city, onus of proof is less than applicants for the other immigration visa. Under this particular scheme, applicants need only provide proof that they have been investing in the particular organisation 6 months prior to the application for the visa. They would also need to commit to another 6 months’ worth of investment into the same organisation. Of course, the investor would also need to provide details and relevant proof that they have sufficient funds to cover the whole investment.
Although simple, some business owners and investors might want to ensure that their first application is processed quickly without any problems. In such a case, they are strongly advised to seek the services of Hong Kong visa consultants who would be able to assess their application and guide them accordingly.