Afrigather
Thursday, October 20, 2022
Hong Kong
The federal government of Hong Kong has introduced a brand new visa program in an effort to draw worldwide abilities as the town works to cease a mind drain that has threatened its place as a serious monetary hub.
The brand new High Expertise Move Scheme, based on Chief Govt John Lee, will permit individuals incomes an annual wage of two.5 million Hong Kong {dollars} ($318,472) or extra and graduates from the very best universities on the earth to work or pursue alternatives within the metropolis for 2 years.
Mr Lee mentioned the nation have to be “extra proactive and aggressive in competing for enterprises and competing for expertise” in his first speech on the topic.
“The federal government will actively trawl the world for expertise, along with actively nurturing and retaining native expertise,” he continued.
The try to attract expertise to Hong Kong comes because of a latest exodus of residents who have been prompted by the town’s ongoing political repression, lowered freedoms following the passage of a stringent nationwide safety legislation, and stringent COVID-19 entry restrictions that have been in place for almost all of the pandemic.
The Hong Kong authorities revealed that plans have been ongoing to create a brand new activity drive to develop recruitment methods and provide help to new immigrants, in addition to streamline the processes for companies to rent foreigners in particular professions.
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