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Should I Change My Hong Kong Visa Category From Sponsored Employment to Business Investment or Seek Permission to Join in a Side Business Instead?

June 6th, 2016

Posted by / in Employment Visas, Investment Visas, Your Question Answered / No responses


 

Change my Hong Kong visa? This question is less either / or from an immigration perspective but more an issue of full time entrepreneur or not…

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QUESTION

Hi Stephen,

I am currently already on an employment visa (valid for two more years) and would like to start my own company too.

My current employer is supportive.

 1) I understand I can’t work for my own company as of now and i need to submit a letter to ImmD.

Is it better that I submit a letter to ask permission to work for my own company (that I will setup) or should I go in for a transfer of sponsorship.

Are the processes of  ImmD significantly different for the two above – light versus heavy ?

The main benefit of a transfer of sponsorship will be to bring in my dependant wife next year after planned marriage (as compared to being exposed to getting fired at the current place).

2) In either of cases above, shall I be able to issue invoice and bill clients as soon as my company and payment system is setup?

Kindly let me know your views.

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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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