http://www.hongkongvisahandbook.com - this is the Complete D-I-Y,100% Free Guide to the 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 investment visa application at the Hong Kong Immigration Department.
Initially developed in the early nineteen-nineties, the Hong Kong Visa Handbook is a unique immigration manual that is both right up to date and designed specifically for all those individuals planning to self manage a visa application at the Hong Kong Immigration Department.
Video clip presentations take you through the why's & wherefore's regarding how to best address your Hong Kong investment visa situation as well as how you can shape the application justifications. Crib sheets lay out the backdrop factors in play once the Hong Kong Immigration Department look at your documents; visa category-specific templates assist you to professionalise your submissions; official forms are incorporated with segment by segment movie answers describing how you can complete them, laying out the explanation for the details asked for within them.
Comprehensive, step-by-step submission processes are additionally supplied and also a check list for a Hong Kong working visa -providing you all you need to move forward a self-managed application at the Hong Kong Immigration Department!
Check out these links:
NARRATED PRESENTATION
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/PreparingYourCaseMovie/player.html
FULL VISA INFORMATION
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/HongKongBusinessInvestmentVisaInformation.pdf
APPLICATION TEMPLATES
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/templates.html
ONLINE FORMS
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/online_forms.html
HOW TO COMPLETE THE FORMS
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/completing_the_forms.html
PRE-SUBMISSION CHECKLIST
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/HongKongBusinessInvestmentVisaChecklist.pdf
HOW TO APPLY
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/how_to_apply.html
QUICK SUMMARY
http://www.hongkongvisahandbook.com/contents/BusinessInvestment/quick_summary.html
The Hong Kong Visa Handbook is, and will continue to be, 100% free of charge. Inform your associates, promote the resources and employ our knowledge to complete your Hong Kong investment visa, yourself, for free!
Stephen Barnes
Author, Hong Kong Visa Handbook (http://www.hongkongvisahandbook.com)
Co-Founder, Hong Kong Visa Centre (http://www.hkvisacentre.com)
2. BUSINESS INVESTMENT VISA Substantial Approvability Test www.hongkongvisahandbook.com Will the applicant make a substantial contribution to the economy of Hong Kong? (or …… how long is a piece of string?) Contribution to Hong Kong
3. Can’t Join in a Business Until the consent of the HKID is secured Can’t Show Contribution Without actually joining in a business Can’t Secure Consent Until you can show contribution to Hong Kong www.hongkongvisahandbook.com CATCH 22 Test requires showing only prospective (not immediately observable) contribution
4. Suitable Business Premises Local Recruitment Resources Must be suitable in all the circumstances BEWARE SPARE BEDROOMS www.hongkongvisahandbook.com Quality of jobs just as important as the number of jobs FUTURE JOBS CAN SUFFICE THE RUBBER HITS THE ROAD PASSING THE APPROVABILITY TEST There are typically 4 types of resources that need to be available for deployment in the business Obvious commitment to the business = manifest commitment to Hong Kong
5. Financial How is the business to be funded and where is the $$ coming from? RESOURCE REQUIREMENTS Commercial Who are you doing business with and what support do you have? Track Record Have you done this before and if not how does your history advantage you? Compliance Licensed? Incorporated? Registered? Current? Any Security Cbjection? www.hongkongvisahandbook.com 4
6. OLD CHESTNUTS “ My Successful Business Will be Paying Tax” “ You Need HKD XXX,XXX Minimum” “ My Friend Got Approved & ……” www.hongkongvisahandbook.com
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8. Not available to Visitors www.hongkongvisahandbook.com SIDE BUSINESS Joining in a side business is a real solution for currently employed, one-man operations Sets the Stage For a ‘full’ business investment visa later Simple Vehicle OK Sole proprietorships are acceptable Condition Precedent The consent of your current employer required Approvability Test Far less burdonsome as ipso facto a ‘small’ business HKID Engaged Fom the outset and can monitor your progress No Sponsorship Issue As you still work for your current employer
9. SPECIAL CONSIDERATIONS www.hongkongvisahandbook.com Your existing visa is not transferrable to your new business 1 You must apply to change your visa category to Business Investment 2 Until you are at least 3 years resident, the Approvability Test is just as onerous 3 The Catch 22 still applies 4 Currently Hong Kong resident with an Employment visa sponsored by another firm?
10. WHO? WHY? SPONSORSHIP CONSIDERATIONS www.hongkongvisahandbook.com WHEN? Technical mechanism to fund repatriation if necessary Any ‘bona fide’ Hong Kong resident (related party preferred) Arrange at the outset and be strategic
11. Need When intention to join in a business has crystallized Approvability Test Single most difficult Hong Kong visa challenge Vulnerable If no application in the system but business has started IN SUMMARY www.hongkongvisahandbook.com Lengthy Process Will tax your emotional and time resources Think/Act BIG ‘ Substantial ‘ frequently rules out 1 man businesses Advice Consider taking professional advice