Now is the historical window to apply for Hong Kong status?

In recent years, Hong Kong's population growth has caused widespread concern. The third consecutive year of population decline has left many worried about the future of Hong Kong. However,work visa application hong kong the latest data from the Hong Kong government brings a ray of joy and hope that Hong Kong is experiencing an unprecedented influx of population.

Recently, the Census and Statistics Department of the Hong Kong Government released a set of data announcing that Hong Kong's population growth rate has reached a new record high. As of mid-2023, Hong Kong's population has reached 7.498 million, an increase of 152,000 over the same period last year, a growth rate of 2.1%. Behind this figure lies a positive change that is taking place in Hong Kong.

Behind the new trend

This population growth is not a coincidence; it reflects the efforts made by the Hong Kong government over the years. Figures show that the natural decline of the local population and the surge in the number of immigrants together make up this trend. Among the immigrants, it includes not only family reunion represented by the One-way Permit, but also other forms of immigration. This shows that the return of population and the impetus of the talent admission policy are injecting new vitality into Hong Kong's population growth.

Opening of a historical window

The relaxation of the policy on admission of talents and the implementation of the Admission of Talents Scheme have made it easier to apply for Hong Kong status. In the first half of this year, more than 100,000 applications covering the six categories of the Admission of Talents Scheme were submitted, of which tens of thousands have successfully obtained Hong Kong status. With the improvement of the policy, the chances of applicants obtaining Hong Kong status will be greatly enhanced.

Moreover, Hong Kong has experienced an exodus of people over the past few years. However, according to historical data, every outflow is followed by a wave of return. Many expatriates choose to return to live and work in Hong Kong after experiencing first-hand the life and work in Hong Kong. Now is the best time to apply for Hong Kong status as Hong Kong's population growth target may be reached soon and policies to attract talents may be tightened accordingly if the return trend officially starts in a few years' time, before the return trend.

Future Outlook

Based on current policies and the government's stance, it is not expected that policies will be significantly tightened before the end of 2024. Even for university graduates and high-tech talents, the government may continue to increase its efforts to bring them in.

However, we should note that, taking into account the population of Hong Kong, China as the current society, as well as the government's development plan for the target of 7.83 million people in 2026 there is still a "balance" of 330,000 people, in the short term will not be because of the urgency to tighten the policy, but if in the company's next two years did not meet or exceed the target value, the government work! May be forced to modify the municipal, education, health care, housing, traffic management and other aspects of planning, and this will be such a process with considerable complexity. Therefore, a tightening of the policy is possible in the long term study.

Therefore, for those who intend to apply for Hong Kong status, now is a rare opportunity. Not only because of the relaxation of the policy, but also because of the historical opportunity that the return tide has not yet started.

hongkong Future Hong Kong status hongkong work visa

0