[Hong Kong (China) Identity] The 2023 Top Talent (QMAS) Selection Results Are In — and Demand Is Hotter Than Ever!


Author: Soso FUNG

Hello, I am migration consultant Soso FUNG. I graduated from Auckland University of Technology in 2010. After returning to China in 2019, I began working on the Hong Kong (China) Quality Migrant Admission Scheme, and to date I have helped more than 100 families successfully obtain Hong Kong (China) identity through the Top Talent (QMAS) programme. Sincerity is my basic working attitude, professionalism is my basic code of practice, and dedication is my reputation in the industry. I will not let you down — I will use my most dedicated and most professional service to help you and your family successfully secure Hong Kong (China) identity.

The Hong Kong (China) Top Talent (QMAS) scheme has carried its booming popularity from 2022 right through into 2023, and that popularity comes down to its many advantages. The scheme has low application costs, does not require you to work in Hong Kong, and its latest renewal pattern of 3 years + 3 years + 2 years is relatively flexible and offers a high degree of freedom. In 2022, the Hong Kong (China) Immigration Department received a total of 16,396 QMAS applications — making it one of the most popular Hong Kong (China) talent schemes among Mainland applicants today.

First-Quarter Selection Results

The Hong Kong (China) Immigration Department recently released the selection results for the Hong Kong (China) Top Talent (QMAS) scheme for the first quarter of 2023: a total of 2,073 applicants were invited. Compared with the 440 applicants invited in the same period of 2022, this represents an increase of as much as 371%, reaching close to 73% of the full-year 2022 QMAS invitation total (2,845).

1. 97% of applicants are from the Mainland
From January to March 2023, a total of 2,011 cases involved applicants from Mainland China.

2. The main age bracket of approved applicants: 18-39
Of the 2,073 approved QMAS applicants in the first quarter, 1,354 were aged 18-39, making up around 65%.
The data shows that, relatively speaking, the younger you are, the greater your advantage.

3. Highly qualified candidates are more favoured
Of the 2,073 approved cases, those holding a master’s degree / two or more bachelor’s degrees made up the largest group, at 57% (1,185 people).
,
4. Among applicants approved under the General Points Test, the most sought-after industry talent
The industries with the most approvals this quarter were
financial and accounting services (710 people), information technology and telecommunications (326 people), with these two industries together accounting for around 50%. Applications from “other” industries made up 40%.
Financial and accounting services have long been an in-demand, sought-after industry in Hong Kong (China).
Information technology and telecommunications are an emerging industry in Hong Kong (China). As Hong Kong (China) sets out to build an international hub for innovation and technology, the government and resources across every sector are being directed towards the IT industry, with an all-out effort to make Hong Kong (China) an internationally influential innovation-and-technology hub — and a strong demand for technology talent.
The commerce and trade industry recorded 106 approvals, overtaking the construction and engineering industry (86 approvals), while applications from “other” industries made up 40% — an increase of 11% on the previous quarter, showing that the range of industries applying through the QMAS scheme is becoming more diverse.

5. Among applicants approved under the General Points Test, rich work experience is an advantage
Of the 2,067 approved applicants, 1,780 had no fewer than 5 years of work experience at a degree level or expert level — around 86%. This shows that, in this year’s QMAS applications, a bachelor’s degree alone, without other advantages, makes approval increasingly difficult.

6. Approval scores: candidates scoring above 120 points are more likely to be approved
When applying for QMAS, your score is a very important reference, but it is not the only one. The Hong Kong (China) Top Talent scheme is highly subjective: it does not select talent purely on the basis of how high or low your score is, but instead weighs the overall match between your credentials and what Hong Kong (China) needs.That said, applicants scoring above 120 points clearly do have an approval advantage!


The various policy adjustments the Hong Kong (China) government has made to the QMAS scheme in 2023 — expanding the Talent List, scrapping the annual quota, streamlining the approval process, awarding points for prestigious employers and expanding the list of prestigious universities — all point to one thing: the two years of 2023-2024 are a window of opportunity for talent intake into Hong Kong (China). If you have plans to build a future in Hong Kong (China), be sure to seize this opportunity — especially talent who meet the Hong Kong (China) Immigration Department’s criteria for “prestigious universities”, “prestigious employers”, “the Talent List”, “senior executives” and “overseas elites”.

HK

QMAS Eligibility Requirements

1. The main applicant must be aged 18 or over;
2. No criminal record and no adverse immigration record;
3. Good written and spoken Chinese or English;
4. A university degree awarded by a tertiary institution;
5. Sufficient funds to support the first year of living expenses for yourself and your dependants (200,000 for an individual; 300,000+ for a family);
6. Achievement-based Points Test: visa granted directly; General Points Test: 80 points or above.

HK

What Are the Benefits?

Why do so many people long for Hong Kong (China) identity?
The two places share a similar culture and a common language, and at the same time Hong Kong offers lower tax rates, no foreign-exchange controls, a stable financial system and a sound business environment. These many advantages are drawing more and more Mainland friends to apply to relocate to Hong Kong (China).

In summary, it generally comes down to the following benefits
1. One person applies, the whole family benefits
2. Simple documentation and a fast process
3. Low application cost, with no investment requirement
4. International education and the Overseas Chinese Joint Entrance Exam — keep your options open
5. Visa-free access to 171 countries and regions, to travel the world freely

Q

The QMAS scheme does not require you to be employed by a Hong Kong (China) company before applying, and it is open to a broad range of people — making it one of the most popular Hong Kong (China) talent schemes among Mainland applicants today.People who satisfy either the Achievement-based Points Test or the General Points Test may submit a QMAS application. The Immigration Department then carries out an overall assessment and selection, and invited applicants are issued a visa / entry permit to stay in Hong Kong (China). The main applicant’s spouse and unmarried dependent children under 18 may accompany them to Hong Kong and obtain Hong Kong (China) identity.

If you are interested in applying for Hong Kong (China) but are unsure how to assess and score yourself, scan to follow us



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