New Content Daily Sign Up Here

Your Questions Answered

How Can I Extend My Hong Kong Entrepreneur Visa Easily Without Needing To Supply My Financial Performance Details Every Year?

November 24th, 2016

Posted in Investment Visas, The Hong Kong Visa Geeza, Your Question Answered /


 

Since the Audit Commission Report Number 66 published in April of this year, Hong Kong entrepreneur visa holders subject to a review of their business each time they seek to extend their stay, have got more of the same coming…

SMALL-keep-calm-and-ask-the-visa-geeza

 

QUESTION

Hi there,

It’s time for my Hong Kong entrepreneur visa renewal and I’m confused as to whether it is under the ‘General Employment’ section or not? I have a small business that allows me to freelance for one specific company. Is that General Employment?

For the last two years I have submitted an ID 91 form and subsequently had financial statements/business purpose outlines and more evidence of my contribution to Hong Kong along with staffing plans, etc. This will now be the third time that I’ve renewed and I’m wondering if there is anything I can do to simplify the process?

Many thanks,

ANSWER

In an business investment (entrepreneur) visa scenario, ImmD have 2 extensions tracks:

  1. Business review, and
  2. Admin extension

From your profile it seems you are on the business review track.

Once on the business review track you stay on it until ImmD are satisfied at each extension of stay exercise that you are making a substantial contribution to the economy of Hong Kong. Since the Audit Commission Report Number 66 of April this year, this, for all practical purposes, means the creation of local jobs.

Once they are satisfied that the requisite contribution to the economy of Hong Kong is being made, they will move you off the business review track and onto the admin track. Only then will life get simpler for you. Essentially, by keeping you on the business review track, ImmD are reserving the right to assess your progress annually – so there’s not much you can do other than try to build the business and create local jobs.

It’s just a fact of immigration life these days I’m afraid.

More Stuff You May Find Useful or Interesting

What type of visa do you think you need for Hong Kong?

How can my FDH visa holding fiance transition into a  Hong Kong dependant visa 6-12 months before we are due to get married?

Do I automatically qualify for a Hong Kong dependant visa if my partner has a work or investment visa here?

Married to a PHKID card holder overseas – the Hong Kong visa situation for the foreign national spouse

How to cure your Hong Kong vise extension headache and make sure it gets approved the very first time!

VISIT OUR PROFESSIONAL PRACTICE or VISIT OUR VISA GEEZA BLOG

Please select the social network you want to share this page with:

The Hong Kong Visa Geeza (a.k.a Stephen Barnes) is a co-founder of the Hong Kong Visa Centre and author of the Hong Kong Visa Handbook. A law graduate of the London School of Economics, Stephen has been practicing Hong Kong immigration since 1993 and is widely acknowledged as the leading authority on business immigration matters here for the last 24 years.

Handbook Contents
Professional Service Options...