There is only one answer to the question of why the Hong Kong Government has launched policies to attract talents from all over the world and started the mode of "snatching talents":shortage of staff!

According to the estimation of the Secretary for Labour and Welfare, Mr. Suen Yuk-han, the working population of Hong Kong is expected to rise slightly to about 3.56 million in 2028, while the manpower demand will be about 3.75 million.The shortfall will widen to about 180,000 peopleThe

Provisional figures released by the Census and Statistics Department of the HKSAR Government on February 12 show that.Hong Kong's population will be 7,510,800 at the end of 2025, an increase of 10,200 from the same period in 2024.Increase of 0.11 TP3TThe net migration of Hong Kong residents over the past year was 29,100. In the past year, a net migration of 29,100 Hong Kong residents was recorded, with a natural decrease of 18,900, 31,100 births and 50,000 deaths over the same period. A spokesman for the HKSAR Government said that the overall population increase at the end of 2025 compared to the end of 2024 wasBenefiting from various measures to attract talents and labor, attracting people from all over the world to migrate to Hong Kong, thereby offsetting the impact of natural population declineThe

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Against the backdrop of tightening supply and shortage of talents in Hong Kong's local labor market, the Hong Kong Government has progressively launched the Admission of Talents Scheme (ATS) since the end of 2022, aiming at attracting high-end talents from the Mainland and around the world to come to Hong Kong for employment and investment. This is also a once-in-a-lifetime policy opportunity that gives mainlanders who wish to come to Hong Kong for development more shortcuts nowadays. In recent years, with the synergistic development of Hong Kong and the Mainland, more and more mainland elites are aware of Hong Kong's advantages in education, medical care, finance, tax rates and internationalization, while taking into account Hong Kong's cultural identity, language environment, high degree of autonomy, freedom of speech, the rule of law, and an independent judiciary system, etc. Acquiring Hong Kong identity is becoming a hot topic, and I believe that there are a lot of friends around us who have already acquired Hong Kong identity or are in the application process.

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01,What is Hong Kong Identity?

Hong Kong identity is mainly categorized intoHong Kong resident statusrespond in singingHong Kong permanent resident statusTwo categories.

Mainlanders entering Hong Kong through various entry schemes such as the Hong Kong Meritocracy Scheme, the Professionals Scheme and the Overseas Study and Further Training Scheme will first be granted theHong Kong resident statusThe Mainland household registration will not be affected when they reside, work or study in Hong Kong.Can hold both Mainland and Hong Kong resident status at the same timeTheHong Kong resident status can only be applied for conversion to Hong Kong permanent resident status after completion of seven years of visa renewal.

Hong Kong Permanent Identity CardIt is an identity card issued by the Immigration Department of the Government of the Hong Kong Special Administrative Region to a person who has the right of abode in Hong Kong. It can be obtained by birth in Hong Kong or by ordinarily residing in Hong Kong for a continuous period of seven years or more after acquiring the Hong Kong resident status.

Hong Kong permanent residents enjoy more rights than the Hong Kong resident status, for example, they can apply for a Hong Kong SAR passport and enjoy the convenience of visa-free access to 173 countries and territories; their children can take the Joint Entrance Examination for Overseas Chinese Students or the Exempted Entrance Examination Scheme to attend universities in the Mainland with low scores with a Home Visit Permit; they can rent public housing units in Hong Kong and buy subsidized housing from the Government; they have the right to vote and to stand for elections of the District Councils and the Legislative Council; and they have no requirement of renewing their visas, and their status is The status is valid for life and will not be canceled even if you leave Hong Kong for many years.

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02,Advantages of Hong Kong Identity?

A,Tax Advantages

Compared to other national regions.Hong Kong is a true low-tax paradiseThe

• Simple and transparent tax systemNo inheritance tax, no VAT, no import duty, no turnover tax;
• Personal income tax up to 17%, 13.2W basic exemption.;
• Corporate income tax generally 16.51 TP3T, minimum 8.251 TP3T(Only one type of corporate profits tax is payable);
• Cross-border tax optimizationHong Kong has signed comprehensive DTAs with a number of countries (34 countries including Japan/France/UK) and territories.

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B,Business Advantages

One of the freest economies in the worldIn addition, there is freedom of trade, freedom of finance, freedom of investment, freedom of finance, and no foreign exchange control, which creates a favorable environment for doing business.

Globalization of assets, no exchange controls in Hong KongThe free flow of funds facilitates the allocation of overseas assets (e.g., U.S. stocks, offshore trusts) and the avoidance of single-market risks.

Registering a company in Hong Kong to start a business or business cooperation, Hong Kong status is more convenient.

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C,Educational Advantage

Hong Kong has a rich mix of Chinese and Western cultures, is biliterate and trilingual, and has an education system that is in line with international standards. Hong Kong students have a high rate of advancement to higher education, and enjoy preferential treatment for overseas Chinese students studying in the Mainland, and can enter 985/211 prestigious schools in China with low scores.Hong Kong's internationalized education system:

• 15 years of compulsory education(from kindergarten to high school), with the highest level of education in Asia.6 years of secondary school, no streaming in secondary schoolAll the way to the helicopter;
• Biliterate, trilingual, bilingual in English and Chinese, various old international schools;
• internationalized educational environment.Curriculum system in line with international standards(e.g., A-Level, IB, AP curriculum systems).
• With five universities in Hong Kong ranked in the top 100 of the QS World Rankings (e.g. HKU and HKUST), Hong Kong is a global leader in higher education resource density;
• Lower cost mainland attendance and eligibility for admission to expatriate-only international schools.
  

Facilitated access to further education for Hong Kong status students:

• Taking the Joint Entrance Examination for Overseas Chinese Students, 400 points + can go to Mainland 211/985;
• Take DSE Exam, HK8 Rate Admission 35-40%The tuition fee is 1/3 or 1/4 of that for Mainland students; at the same time, DSE scores are exempted from applying to 145 Mainland universities; and through theDSE results for admission to more than 300 overseas institutionsThe
• Can participate in Peking University / Tsinghua University / Fudan University / Jinan University, etc.independent enrollment("Joint Entrance Examination for Institutions in the Two Places" with "3+X" examination format).

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D,Advantages of Medical Retirement

The world's top medical resources:

• Free basic medical treatment in Hong Kong's public sectorIn addition, there is a sound mechanism for the development of medium- and high-end medical care, and the services of private hospitals are highly efficient;
• Internationally advanced medical technology, mostNo. 1 in the world for cancer cure rate and No. 1 in life expectancy worldwideThe

Multi-level pension system:

• MPF System, with a lump sum withdrawal upon retirement;
• realizeOld Age AllowanceSystem;
• Diverse social and cultural activities in the region and the community, with sound public welfare facilities.

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E,Identity compatibility and life advantages

• Citizens of the World.Hong Kong Passport Visa-free for 170+ Countries and Regions, business travel convenience;
• Dual-status retention, Hong Kong allows the retention of mainland household registration while enjoying the benefits of both places (e.g. no restriction on purchase of properties in the mainland and low interest rates on loans, public healthcare in Hong Kong, etc.);
• Hong Kong Treasure comes with Hong Kong Permanent Resident status(Child born in Hong Kong);
• Career promotion channels are accelerated, the Asia-Pacific headquarters of multinational enterprises are mostly located in Hong Kong, and the proportion of Hong Kong status in the management accounts for more than 60%, and the salary level is higher than that of the same position in the Mainland by 40-100%;
• Finance and Science and Innovation HubHong Kong is the third largest financial center in the world, with the largest private equity market in Asia, and one of the active development centers for trading digital virtual currencies/stable coins/Web3.

F,Enjoying the dividends of national development policies

Collaborative innovation in the Guangdong-Hong Kong-Macao Greater Bay Area is becoming a growth point for global innovation. Hong Kong has been actively utilizing its unique advantages of being backed by the motherland and connected to the world under the "One Country, Two Systems" principle, and has been enjoying the dividends of the country's development policies and many development opportunities.

Hong Kong residents starting businesses in the Mainland are entitled to tax relief (e.g. Guangdong-Hong Kong-Macao Greater Bay Area personal tax subsidy) and can apply for support from incubators such as the Qianhai Shenzhen-Hong Kong Youth Dream Factory.

It can be predicted that Hong Kong, China will continue to open the channel for the introduction of talents next, which also means that applicants have more opportunities to get Hong Kong status. Nonetheless, its threshold still exists, and only talents who meet certain conditions are eligible to apply.

Nowadays, there are 5 ways to get Hong Kong identity: they are Specialized Talent, Senior Talent, Merit Talent, Study and Further Study, and Investment Migration. If you are interested in Hong Kong identity processing, Hong Kong company registration, bank card account opening, etc., you can contact us at any time～!

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