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Is it possible to move to HK and set up a small business ?

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  1. #1

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    Is it possible to move to HK and set up a small business ?

    Hi.
    First of all, is it possible ?
    Secondly, how difficult or otherwise is it ?
    Any pointers in the right direction would be greatly appreciated.
    Many thanks.


  2. #2

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    do you have an appropriate visa or Permanent Residence here?


  3. #3

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    Hi and thanks for your reply.
    No, we don't.
    This is literally our first enquiry.


  4. #4

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    my suggestion then would be to look at the immigration website. it lays out the different types of visas and what the requirements are for each one.

    basically:
    1) employment visa: you are sponsored by a company and you can ONLY work for that company
    2) Quality Migrant: you must meet certain criteria and apply. they only do selections a few times per year, so it might take a while to be approved
    3) investment visa: you need major money to invest in hk

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  5. #5

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    Quote Originally Posted by ALERTDOG:
    Hi and thanks for your reply.
    No, we don't.
    This is literally our first enquiry.
    Are any of you married to a resident?

  6. #6

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    Thanks guys. I had a look at the immigration website. It appears that it might just be possible but would involve selling everything up in order to raise the capital.
    Having already done that once, from UK to Aus and now having 3 kids, It's probably too much of a risk.

    No, neither of us are married to a resident, just each other !

    I spent 2 years in HK in the 80's and have holidayed there a couple of times since.
    We both love the energy and atmosphere of the place.

    Wishfull thinking, I guess.


  7. #7

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    The place to start is Invest HK, a government department, which advises companies and people about setting up a business in Hong Kong. InvestHK Home Page

    The contact details for HKETO in Australia is:

    Mr Cameron Boardman
    Head, Investment Promotion
    T: +61 2 9286 2358
    F: +61 2 9283 3818
    [email protected]

    Hong Kong House, 80 Druitt Street, Level 2, Sydney NSW 2000, Australia

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  8. #8

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    Or obviously if a Brit then UKTI plus other groups may be of assistance

    Hong Kong · Organisations offering UK Overseas Trade Support

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  9. #9

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    Quote Originally Posted by AGxM:
    Or obviously if a Brit then UKTI plus other groups may be of assistance

    Hong Kong · Organisations offering UK Overseas Trade Support
    UKTI can't help, their role is to assist companies based in the UK to export. They are not there to help individual British passport holders to set up businesses overseas. But Invest HK is a good place to start, particularly if you are looking to move an existing business here.
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  10. #10

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    You don't need large amounts of capital if you can persuade ImmD (through a convincing business plan) that you are investing in a business which will provide significant benefits for the HK economy (specifically that it will employ locals). Then you could get an Investment Visa. That is quite different from the Capital Investment Entrant Scheme which requires you to bring assets of HK$10M to Hong Kong. There is no specific investment amount required for an Investment Visa.

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