Hong Kong goes all out to lure talent, targeting the mainland

Contributing sentiments towards policy:

59% : Last year, Secretary for Labour and Welfare Chris Sun estimated that the flagship scheme - the Top Talent Pass Scheme launched in December 2022 - would generate HK$34 billion (S$5.7 billion) in direct economic benefits, equivalent to 1.2 per cent of local gross domestic product.
54% : Citing data from the Labour and Welfare Department, Shang says that out of 250,000 applicants, 100,000 - along with their families - were granted two-year visas to live in Hong Kong while attempting to find a job.
41% : In social media posts earlier this year, Leung questioned the scheme's effectiveness, citing incidents such as the departure of some recruits shortly after receiving their Hong Kong ID cards; the mismatch between qualifications and job market needs; the abuse of the system for children's education, travel and cross-border tax avoidance; and the city's lack of infrastructure to cope with a massive influx.

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