'New Talent Visas For GBA Workers Will Benefit HK'
"); jQuery("#212 h3").html("

"); });
2023-02-10 HKT 15:43
Experts have welcomed a pilot scheme aimed at facilitating the movement of talent around the Greater Bay Area (GBA), saying it will help consolidate Hong Kong’s status as an international research and innovation centre.
Mainland authorities earlier announced that from February 20, targeted professionals from six sectors currently working in GBA cities can apply for a special visa, which will allow them to make multiple entries to Hong Kong and Macau within a certain period of time.
The visas have a validity period of five years, three years, or one year, and their holders can stay in Hong Kong for not more than 30 days during each visit.
Those eligible include professionals who have made outstanding contributions to the region's development, scientific research experts, arbitrators and mediators, and officially recognised high-level talent in education and medical care.
In a statement released on Thursday, the SAR government said the new arrangement will facilitate professional exchanges and visits.
“Compared with the current seven-day period of stay for the exit endorsement for business visits, the exit endorsement for talents will greatly facilitate eligible high-end talents visiting Hong Kong,” the statement wrote.
“Launching the exit endorsement for talents alongside the full resumption of normal travel between Hong Kong and the mainland will help promote the interaction of talents within the GBA, creating stronger impetus for growth for Hong Kong and the entire GBA as well as achieving a win-win situation.”
Dennis Lo, Director of CUHK’s Li Ka Shing Institute of Health Sciences, said the scheme is conducive to making Hong Kong an international research and innovation centre.
“We would need to invite many researchers to come to Hong Kong to attend meetings and do collaborations. So I think this scheme will definitely make that type of work very easy or relatively easy,” Lo said, adding that authorities should also look into allowing those talent to come to Hong Kong for paid projects.
Oliver Wan, chairman of the Greater Bay Area Hong Kong & Macau Talents Association, also said the scheme will make it easier for top professionals from the mainland to share their experience and expertise with their SAR counterparts.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
