www.hongkongvisahandbook.com - the Complete D-I-Y, 100% Free guide to securing 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 Travel Pass application at the Hong Kong Immigration Department.
As regards, investment visas, of course the approvability test is extremely onerous when compared to other visa categories, but new businesses which are manifestly capable of passing the test tend to be administrative rather than argumentative. By this, I mean if the investor has a solid business plan, significant capital, a good track record and clearly has the support of a local contact or a network in place, then the approval for an investment visa can fall into something akin to a box-ticking exercise and the application will be quickly approved without very much ado.
Therefore, it’s the marginal investor who usually has to work hard for an approval and I will now provide some case examples by way of general guidance which serve to illustrate the type of investment visas that will typically struggle to approval.
The first involved a French lady in her early 30s. She determined that she would like to apply for an investment visa to support her trading fancy good products between France and China. A Hong Kong limited liability company was established with the typical and standard share capital of 10,000 Hong Kong dollars which she owns 100% outright. She conducts her trading business from her apartment in Wanchai and was turning over approximately 300,000 Hong Kong dollars a month. She had no local staff working for her nor did her business plan anticipate that any would be needed. She had secured the rights to a French fashion product for Northeast Asia but that product itself is from a relatively small company and did not, on the face of it, appear to be a particularly compelling commercial proposition, although the potential was always there. In this situation, the nature of the business and the way the one-person operation was to be run along with the simple intrepot trading nature of the enterprise that the Hong Kong Immigration Department concluded that this lady would not be able to make a substantial contribution to the economy of Hong Kong.