Opportunities with a work visa in Hong Kong. Analysis of types and prospects for employment
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Hong Kong is one of the largest financial centres not only in Asia but in the entire world. The open market economy, ideal infrastructure, high standard of living, high-quality health care system, safety, and many other positive factors attract a large number of foreigners to this region, including to find a job in Hong Kong.
Of course, there are some not-so-pleasant moments for labour migration to Hong Kong. For example, the exorbitant accommodation prices in Hong Kong, the language barrier (about 90% of the locals communicate mostly in the Cantonese dialect), the hectic pace of life, and high competition in the labour market. Nevertheless, employment in Hong Kong is a good opportunity to migrate and stay in Asia forever.
Features of employment in Hong Kong
Hong Kong has one of the purest capitalist economies in the world. The territory's economy is based on a free market, low taxation, and government non-interference in the economy.
Hong Kong is a freely convertible Hong Kong dollar, which has been pegged to the U.S. dollar since 1983. Continuing the policy of the British administration, the Hong Kong government prioritizes the free market and the private sector in managing the economy. Singapore's economy depends on product exports, especially in areas such as consumer electronics, information technology, pharmaceuticals, and financial services. Multinational corporations play an important role in the economy. Singapore is attracting large investments in pharmaceuticals and medical manufacturing and will continue efforts to develop Singapore as a financial and high-tech centre in Southeast Asia.
Business consultants, brand managers, auditors, and marketing experts are considered to be scarce professions in Hong Kong. It is rather difficult to get such jobs, but the salary level here is very high. Successful employment directly depends on the level of English, ideally knowing the Cantonese dialect. Jobs in Hong Kong for girls are available in the media industry, especially if their appearance corresponds, as well as in bars, restaurants, hotels, and other areas of service.
It is worth noting the field of education. Yes, Hong Kong, like the rest of China, has a shortage of English teachers. This job is considered prestigious and well-paid.
Most employers in Hong Kong create good working conditions for their employees, including a full social package. The government is not indifferent to this issue either - the authorities ensure the health and safety of workers. Taxes here are very low and many different deductions are allowed.
Work Visa in Hong Kong
To get a work visa, you need to find an employer and sign a contract with him and get a work permit. To get it, you need to apply to the Immigration Department of Hong Kong. As a rule, processing of the application can take up to 2 months. To get this permission, the following conditions must be met:
- Availability of a signed employment contract;
- Availability of higher education;
- Experience and skills of a foreign citizen are in demand in Hong Kong;
- The foreigner should have no criminal record and should not be involved in committing crimes, i.e. should not be a danger to the residents of Hong Kong;
- Absence of applicants for the vacancy in question among residents.
The types of work visas
- Investment working visa to Hong Kong. is issued if you are the founder of any operating business in Hong Kong or a new company with plans to develop in the territory of Hong Kong.
- Visa for workers who improve their qualifications. Hong Kong Training visa is granted to those who want to come to Hong Kong to acquire certain skills relevant to their profession. Such a visa is usually issued for a period not exceeding one year.
- Change of sponsor for a work visa. If the holder of a work visa needs to change employers, he needs to execute a change of sponsor for a work visa. It is done regardless of whether or not the current work visa has expired. However, the sponsor change must take place before the employer changes.
- Travel and Transit visa. Suitable for frequent visits, and business trips.
- Working Holiday Visa. The main purpose of this program is to facilitate cultural and educational exchange between Hong Kong and other participating countries, such as South Korea, Australia, Canada, New Zealand, Germany, and Ireland. Those wishing to obtain such a visa must meet the age category of 18 to 30 years old.
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