Hong Kong Investment Visa Documentation Required


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www.hongkongvisahandbook.com - the Complete D-I-Y, 100% Free guide to getting a Hong Kong Investment visa as found in the Hong Kong Visa Handbook. On the Hong Kong Visa Handbook website you will discover every possible resource required to effectively finish a Hong Kong visa application at the Hong Kong Immigration Department.

The Hong Kong Investment Visa approvability test places a burden on the applicant to show that he is in a position to make a substantial contribution to the economy of Hong Kong; but in many ways, that’s like asking how long is a piece of string? Also, whilst the visa information document included in the Hong Kong Visa Handbook looks at the discrete elements of the Investment Visa Approvability Test, there is one particular difficulty with an application for a Hong Kong Investment visa that needs to be looked at from the very outset; and this is the catch 22 which is inherent in the way the Immigration Department consider and processes all Investment Visa applications.

The catch 22 relates directly to the notion that you can’t join in a business in Hong Kong unless you secure the consent of the Immigration Department first. However, you can’t secure the consent of the Immigration Department until you can show that you are capable of making a contribution to Hong Kong - but you can’t show contribution without actually joining in the business and then once again you can’t join in a business until you first get the consent of the Hong Kong Immigration Department! Moreover, the test requires that you only show prospective, not immediately observable contribution, and how this translates is that on the basis that you have a Hong Kong Investment Visa application in the system you have effectively put the Immigration Department on notice that you are engaging in this activity and that you are seeking their consent. In such a case, they will effectively close their eyes to any prospective breach of your conditions of stay whilst they are empowered to consider your application. If you don’t have an application in the system, you are vulnerable to a prosecution for breach of conditions of stay. So, the takeaway message from the catch 22 situation is that need to get your application into the Hong Kong Department of Immigration as soon as you possibly can in order to protect yourself.

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Hong Kong Investment Visa Documentation Required

  1. 1. Pre‐Submission  Checklist  Business Investment Visa   Application form ID999A (applicant) and ID999B (sponsor).   Recent photograph affixed to the form.   Copy passport details page and current visa/period of stay if presently in Hong Kong.   Copy up‐to‐date CV.   Photocopy of all graduation certificates/proof of academic qualifications.   Copies of prior employment references and testimonials.   Copy Letter of Engagement or Contract of Employment detailing information about  the post, emolument and term.   Copy Business Registration Certificate.   Copy of latest audited financial report and/or management accounts (if available).   Copy latest profits tax return to the Commissioner for Inland Revenue (if available).   Copy of the most recent Annual Return filed with the Registrar of Companies (FORM  AR1), along with Companies FORM D1 (Notification of First Secretary and Directors)  and FORM D2 (Notification of Changes of Secretary and Directors) if applicable, and  FORM SC1 (Return of Allotments).   Company brochure (and/or "Company Profile "), sales publications, press articles and  any similar promotional type materials, which verify the business type of the com‐ pany.    General proofs of business ‐ for example, trading documentation, shipping docu‐ ments, invoices, contracts, agency and distribution agreements etc.   Office tenancy agreement copy (if any)   If there is a substantial overseas parent company the following documents could also  be submitted to assist in the credibility establishment process: Certificate of Incorpo‐ ration of the parent company, its audited financial statement and the parent com‐ pany profile or brochure (which will often suffice instead of Hong Kong corporate  background information.)    www.hongkongvisahandbook.com  
  2. 2. Pre‐Submission  Checklist  Business Investment Visa  A color print out of company’s website (if available).  Copies of Company’s bank statements for the last six month period (if available).  Company’s confirmed client list (both in suppliers/buyers in Hong Kong and Overseas).  A chart/graph showing company’s projected turnover for the next 24 months, based on  the current business.   Proof of monetary injections by the applicant into the business.  Three colour photographs of the company’s office premises.  of  current  staff  list  with  name,  position,  nationality,  salary  and  HK  Identity  card  Copy  and a chart showing the number of staff to be employed in the coming year together  with their positions.  Copy of Mandatory Provident Fund Certificate, debit note and bank deposit receipt of  contributing funds to current staff.  Copy of Employees’ Compensation Insurance Policy, debit note and receipt of current  staff.  A complete business plan if one has already been written.  Notes  www.hongkongvisahandbook.com