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How to Apply For a Hong Kong Investment Visa Without Paying for Professional Help – 11 – Your Loved Ones

February 6th, 2015

Posted by / in Family Visas, Investment Visas, Musing / No responses


 

I have given this talk around town for the last couple of years now and so pleased to finally add it to our coverage of the Hong Kong investment visa. This segment discusses the immigration arrangements for accompanying family members of a Breadwinner seeking to get a Hong Kong investment visa as the principal applicant.

PRACTICE UPDATE: How the content must now be read in light of current ImmD policy:

  • Historical Editorial Standard: This module focuses on family immigration strategy, detailing how an entrepreneur applicant can sponsor their legal spouse and unmarried dependent children under 18 for dependent visas. Historically, the Geeza advised that dependent approvals were essentially a natural byproduct of the principal applicant’s success: once the entrepreneur passed the flexible “substantial contribution” test, dependent sponsorship merely required proving genuine relationship ties, suitable accommodation (“a roof over their heads”), and reasonable personal living funds, with dependents gaining unrestricted employment and study rights in Hong Kong.

  • Comparative Reading Under the Upgraded Regime: While the statutory eligibility rules for dependents remain unchanged, the economic threshold required to sustain family sponsorship alongside a business investment has increased substantially. Because the principal applicant’s investment capital (HKD 1.5M to HKD 2.0M) must now be fully deployed and ring-fenced inside a functional Hong Kong corporate banking facility to cover dedicated commercial leases (“four walls”) and immediate payroll for 2 to 3 local permanent residents, adjudicating officers strictly evaluate personal solvency separately from corporate liquidity. Founders can no longer rely on the same corporate cash pool to demonstrate family maintenance; they must prove substantial, independent personal liquidity to cover the domestic living costs, private schooling, and residential accommodation of their accompanying loved ones without diluting the company’s deployed capital. More critically, because ImmD no longer offers provisional runway for undercapitalized ventures, any failure of the corporate entity to meet the upgraded TTPS Category A substance baseline results in immediate summary refusal of the principal application, instantly collapsing all dependent applications and jeopardizing the entire family’s right to reside in the HKSAR.

The talk was graciously hosted at WYND Co-working Space, ran by a group of great people for whom I have a great deal of time.

The Complete Talk in Logical Segments

1 – Introduction

2 – Policy

3 – Visa Problem?

4 – Mainlanders

5 – Visitors

6 – Work Visa?

7 – Investment Visa?

8 – Approvability Test

9 – Cash Needed

10 – Catch 22

11 – Loved Ones

12 – Visa Refused?

13 – Trying Again

14 – D-I-Y

More Stuff You May Find Useful or Interesting

10 Must Have Resources for a Hong Kong investment visa application

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The 10 key reasons why foreigners seek visas to live and work in Hong Kong

The long stay visitor to Hong Kong’s awkward predicament

Why do some Hong Kong visa applications take a long time (if ever) to finalise?

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The Hong Kong Visa Geeza (a.k.a Stephen Barnes) is a co-founder of the Hong Kong Visa Centre and author of the Hong Kong Visa Handbook. A law graduate of the London School of Economics, Stephen has been practicing Hong Kong immigration since 1993 and is widely acknowledged as the leading authority on business immigration matters here for the last 24 years.

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