An occasional, important update from the Hong Kong Visa Centre…
A few weeks ago I went on record stating that the Hong Kong Immigration Department have started to adopt a generally tougher stance in a variety of practice areas but especially as it relates to business investment visa applications.
A clear example of this has been the implementation of an across the board process of Business Review for recently approved investment visa applicants.
Essentially, from now on, every investment visa approval is being subject to a review of the performance of the underlying business, for the the business investment visa holder, when the time comes along for your next extension of stay.
This tightening up is even being extended to those investment visa holders who were originally approved not subject to business review and have been surprised come the time for their renewal, the Immigration Department have called for all the documents which go to make up the basis of a business review exercise.