evidoria

← Back to browse

Good practice Imported

Top Talent Pass Scheme — Hong Kong's Points-Free Global Talent Visa

Hong Kong · Hong Kong · See the Hong Kong profile · See the Hong Kong profile

Evidence: Observational / pre–post Top 89% 48/100 · Ask Evidence Copilot about this practice

Hong Kong's no-quota talent visa drew over 116,000 applications and 92,000 approvals by end-2024, with 75,000+ arrivals, but only about half of expiring visas were renewed by mid-2025.

116,000+
Applications received (by end-December 2024)
~92,000
Applications approved (by end-December 2024)
75,000+
Approved talents who arrived with families (by end-December 2024)
>50%
Arrivals aged under 40
~HK$50,000
Median monthly salary of arrivals
~25%
Arrivals earning HK$100,000+ per month
~20%
Accompanying spouses who also found local employment
54% (7,394 of 13,678 expiring visas)
First-cohort visa renewal rate overall (by July 2025)
77%
Renewal rate, Category A (highest earners) (by July 2025)
50%
Renewal rate, Category B (graduate entrants) (by July 2025)
Top Talent Pass Scheme — Hong Kong's Points-Free Global Talent Visa

Details

Maturity
Established
Promoter
Hong Kong SAR Government — Labour and Welfare Bureau / Immigration Department
Period
2022–2025
Keywords
talent migration, skilled visas, labour market, professional services

Context

Launched in December 2022 amid an emigration wave and post-pandemic talent shortage, the Top Talent Pass Scheme (TTPS) lets high earners (annual income of HK$2.5 million or more) and graduates of the world's top universities apply for a Hong Kong work visa without a job offer or quota.

Objectives

Attract high-value talent to Hong Kong at administrative scale, with renewal conditional on demonstrating local employment or entrepreneurial activity.

Activities

The Labour and Welfare Bureau and Immigration Department jointly administer applications, approvals and renewals, and conduct follow-up surveys of arrivals' employment, salary and family outcomes.

Results

By end-December 2024 the scheme had received more than 116,000 applications, approved nearly 92,000, and seen over 75,000 approved talents arrive with their families; more than half of arrivals were under 40, with a median monthly salary of about HK$50,000 (around a quarter earning HK$100,000 or more), and nearly 20% of accompanying spouses also found local employment.

Conclusions

The scheme's central open question is retention rather than attraction: of the first cohort of visas up for renewal, only about 54% of holders applied to extend by July 2025 (7,394 of 13,678), split sharply by category — 77% among the highest earners (Category A) versus 50% among graduate entrants (Category B). The government has extended the renewal window and committed to processing at least 50,000 extension applications a year through 2027, but has not published data on where non-renewers went.

Implementation

Indicative cost
Medium (€50k–€500k)
Time to results
Medium (1–3 years)
Staffing & skills
Hong Kong SAR Government — Labour and Welfare Bureau, Hong Kong SAR Government — Immigration Department

Conditions for success

  • No quota and no job-offer requirement, which lowers entry friction for high earners and top-university graduates
  • Renewal conditioned on demonstrated local employment or entrepreneurial activity

Common failure modes

  • First-cohort renewal data reveals a retention problem: only 54% of expiring visas were renewed by July 2025, falling to 50% for graduate (Category B) entrants versus 77% for the highest earners (Category A); the government has not published where non-renewers went

Commonly funded by

National / regional programmes

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

Do you run this practice? Claim it — verified implementers get a public contact pathway and can propose corrections.

Data sources

Where this practice's information was retrieved from, and when.

Attachments

Similar practices you may find useful

★ 100

work2future

United States of America

work2future is Silicon Valley’s Workforce Investment Network. It is a part of the national workforce development system as authorized by …

★ 91

London Living Wage Policy

United Kingdom

The (true) Living Wage is an hourly rate of pay set independently and updated annually (not the UK government's National …

★ 91

Invest Lisboa

Portugal

Invest Lisboa is Lisbon’s investment promotion agency. It's a one-stop shop for companies, investors and entrepreneurs looking to invest or …