Thursday, May 2, 2024

Australia opens permanent resident path to Hong Kongers

Australia has made special visa arrangements to Hong Kongers, in response to the security law in China. Australia will attract Hong Kong’s best and brightest individuals and companies who have contributed significantly to our economic growth and job creation. Last week UK also made similar announcement

The following special visa arrangements will extend permanent resident rights to students, skilled workers. Visa application centre in Hong Kong will reopen, which shut down during COVID-19.

There are almost 10,000 existing temporary skilled, temporary graduate and student visa holders in Australia who will be eligible for these special arrangements, with a further 2,500 outside Australia and 1,250 applications on hand. In addition There are more than 1,000 international companies that have their regional headquarters based in Hong Kong which might consider relocating to Australia.

Special Visa Arrangements

Students

  • Current and future students from Hong Kong will be eligible for a five year temporary graduate visa on the successful conclusion of their studies, with a pathway to permanent residency after five years.
  • Former students already on a temporary graduate visa will be eligible for an extension of five years from today in addition to the time they’ve already been in Australia, with a pathway to permanent residency at the end of that period.
  • Students who study at a regional campus will continue to be able to access a pathway to permanent residency after three years.

Temporary skilled visas

  • Current temporary skilled visa holders from Hong Kong will be eligible for an extension of five years from today in addition to the time they’ve already been in Australia, with a pathway to permanent residency at the end of that period.
  • Future Hong Kong applicants for temporary skilled visas will be eligible for a five year visa, provided they:
    • meet occupational skills lists and Labour Market Testing requirements; or
    • qualify through the Global Talent temporary visa scheme, which is for exceptional talent where the sponsoring employer pays above the Fair Work High Income Threshold of $153,600.
  • These future temporary skilled visa holders will also have a pathway to permanent residency after five years.

Attracting the best and brightest

  • The Government will bolster efforts to attract Hong Kong’s best and brightest through the Global Talent and Business Innovation and Investment Programs, both part of the permanent migration program.
  • These programs will be prioritised and a dedicated Global Talent officer will focus on facilitating the Hong Kong caseload.
  • To support future applications we will re-open our visa application centre in Hong Kong which shut down during COVID-19.

Attracting businesses

  • New incentives will be developed to attract export-oriented Hong Kong based businesses to relocate to Australia. As well as economic incentives, there will be permanent visa pathways available for all critical Hong Kong based staff of the relocated business. The government will particularly target businesses that presently operate their regional headquarters out of Hong Kong who may be looking to relocate to a democratic country.

Read the official announcement here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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