Investment Visas constitute
quite a complex and lengthy application process. They
are for any person wishing to establish a business in Hong Kong and
hence applying for an employment visa for investment purposes.
Immigration's
requirements of obtaining this class of visa have become substantially
more stringent since the early 90's. The applicant needs to show
that the business will have reasonable financial backing, establish an
office in Hong Kong and intend to employ local staff. A
sound business plan is essential, and an established company either in
Hong Kong overseas that will act as a benefactor in the first stages of
the new company's trading.
Applications
can take a significant amount of time to process, usually 4-6 months,
and this is dependent upon all the required documentation being
submitted in a timely manner and in the correct format.
There
are no " hard and fast" rules for approval of an
investment visa, but we would be happy to discuss individual cases in
detail with any applicant. Please contact us
if we can be of assistance