Hong Kong's New Talent Scheme Allows Jobless Relocation

The Hong Kong Immigration Department has published the income and qualification requirements for foreign nationals wishing to relocate under the Top Talent Pass Scheme (TTPS), which allows individuals to move to Hong Kong without a job offer. Under Category A, applicants must demonstrate an annual income of at least HK$2.5 million (N422.65 million) earned in the previous 12 months.

Those qualifying under this category can stay for up to 36 months without additional conditions, provided they meet standard immigration requirements. Categories B and C cater to applicants who do not meet the income threshold but possess strong academic credentials or other qualifying attributes, granting them a shorter initial stay of 24 months.

A key feature of the TTPS is that none of the categories require confirmed employment in Hong Kong at the time of application, distinguishing it from traditional work visa routes. This policy aims to attract global talent to Hong Kong's financial and professional sectors.