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What conditions do Hong Kong immigrants need to buy a house?
The qualifications for applying for buying a house are divided into two aspects: the qualifications of Hong Kong employers and the qualifications of employees (mainland talents). The employer must be a company registered in Hong Kong. The employing company must prove that the purpose of importing mainland talents is to meet the operation or research needs of the company, so as to promote the business development and competitiveness of the company. The application procedure is as follows:
1. Receiving and Filling in the Application Form for Mainland Talents to Work in Hong Kong You can fill in the Chinese application form, which can be obtained free of charge at the headquarters and branches of the Immigration Department of the HKSAR, district offices and the Immigration Section of the Beijing Office of the HKSAR Government.
2. Documents submitted
(1) copy of the company's business registration certificate, the company's legal person registration certificate or the company's articles of association 1;
(2) Documents proving the company's economic status, such as recently audited financial reports or operating profit and loss statements, profit tax returns, etc. ;
(3) Brief introduction of the company, such as the company's annual report including the opening date/details of business activities/mode of operation/company background, etc.
3. After each application is submitted, the Immigration Department can approve the application within about 4 weeks, while the mainland public security organs need 15 working days to handle the entry permit and related endorsement procedures for the employee.
4. If the application is approved, the Immigration Department will issue a work entry permit label, which will be handed over by the Hong Kong employer to the employed mainland talents. Employees must obtain an entry-exit permit issued by the exit-entry administration department of the mainland public security organ and affix an entry permit label on the permit before they can come to work and buy a house in Hong Kong.
You don't have to worry about the formalities of buying a house in Hong Kong. What you need to pay more attention to is to meet the conditions for buying a house. The most important thing to buy a house in Hong Kong is to look at the financial strength and the rights of politicians. These two conditions can be met, so applying for a house is not a problem at all.
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