19 Oct 2022
Hong Kong Chief Executive John Lee unveiled a series of new measures designed to “proactively trawl the world for talents” during his inaugural policy address on Wednesday, while underscoring the need to strengthen national security.
To combat an intensifying brain drain fueled by years of Covid restrictions and diminishing political freedoms, Lee introduced a new two-year visa for people who make at least HK$2.5 million ($318,000) a year, and individuals who have graduated from any of the world’s top 100 universities with at least three years of working experience. The new visas will not be subject to any quotas.
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