The Twists and Turns of the Uncommon Hong Kong Everlasting Residency Software

Our client was a French national with a spouse and 5 year aged daughter – all of them, French citizens. He had first arrived in Hong Kong in 2004 to be a student to undertake an MBA programme for the College of Hong Kong. Upon graduation in 2006, he joined a ecu expense bank wherever he worked constantly until 2010 when he was produced redundant as part of the banking worries linked to the GFC. At the time he instructed us, he had an employment visa sponsored by his ex-using expense bank which has a two yr duration of stay endorsed inside of his passport, getting him up just short of the complete seven 12 months time-frame for the functions of an software for the appropriate of Abode.

In 2010, with the likelihood of him gaining more employment during the expense banking sport unlikely inside the in close proximity to time period, our consumer decided to start a French wine importing organization – but didn’t make an application for an adjustment in his immigration working visa extension hong kong  standing to permit him in order to try this. He actually essential an investment visa but experienced hardly ever bothered to obtain one. As being the period of continue to be availed because of the investment financial institution expired six months prior to he would’ve been constantly resident for the seven decades essential for just a Ideal of Abode application, he determined that he would consider him family members outside of Hong Kong at the time his employment visa expired and bring all of them again in as website visitors, attaining a 90 working day period of continue to be every time they entered, waited six weeks, then submitted an application for the ideal of Abode.

This was in 2011, 2 weeks prior to he asked for our assist. At some time of his software, he did not realise which you can’t submit an application for the proper of Abode if you have a visitor visa. You should be ‘resident’ at the time you apply. As an alternative he and his spouse and children have been ‘visiting’. The Hong Kong Immigration Division knocked back again his application for long lasting residency on this floor and so he found his solution to us. The important thing troubles in this application had been: one – The actual fact of his customer visa position at enough time he used for the appropriate of Abode. two – the eleven months he were Doing the job his French wine import small business, unapproved because of the Hong Kong Immigration authorities.

3 – as a previous university student from HKU he could make the most like a ‘returning graduate’ and become afforded ‘good thing to consider’ for just about any software that he could possibly make so that you can just take up a new work in Hong Kong (for which he’d want a suggestion of work from a suitably certified sponsor). Coincidentally, just following our customer approached us for assistance, an ex-colleague of his from the investment financial institution the place he had labored for four a long time Earlier, asked him to come back and check with on an Power task from the Philippines.

This ex-colleague experienced, 3 decades prior, delivered consulting providers as a result of his personal, freshly recognized one particular-male organization and experienced turned about HKD10 million in consulting charges in the primary eighteen months. However, the venture had arrive at A short lived halt, as these items often do, as selected govt approvals processes played themselves out. The challenge has been in A brief hiatus but had, only recently, been reactivated in light on the Philippines governing administration giving regardless of what consents were needed for it to development to the next stage. For that reason, and to some degree out of your blue, our client been given an offer of work from his ex-colleague for him to aid him in the following section with the Vitality venture.

This was Great news around the a person hand, but on the opposite, the employing small business was nonetheless very much a ‘brass plaque’ consulting concern which were successfully dormant for the final 18 months. On the moreover aspect, it had a powerful harmony sheet and likewise experienced a receipt with the Hong Kong Inland Income for much more than HKD1 million it experienced paid in gains tax the 12 months right before. Furthermore, it had a proper notification from its sole shopper which the Vitality job was now recommencing and therefore was manifestly wanting to re-interact in giving companies once more. We advised our consumer that this could be a heaven despatched possibility for us to protected an work visa for him (with dependent visas for his wife and daughter) depending on the relaxed software consideration standards which the Hong Kong Immigration Section find the money for to non community graduates of Hong Kong Universities.