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The Independent UK
The Independent UK
National
Kanis Leung and Zen Soo

Hong Kong offers new visa to woo talent amid brain drain

Copyright 2022 The Associated Press. All rights reserved.

Hong Kong’s leader on Wednesday unveiled a new visa scheme to woo global talent, as the city seeks to stem a brain drain that has risked its status as an international financial center.

Chief Executive John Lee said the new Top Talent Pass Scheme will allow those earning an annual salary of 2.5 million Hong Kong dollars ($318,472) or above and graduates from the world’s top universities to work or pursue opportunities in the city for two years.

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