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In brief

The Hong Kong government, having recently been in talks with regulatory authorities, has signified its intention to support the fintech and ESG market in an effort to attract talent.


In addition to the financial benefits and support lined up through fintech proof-of-concept cash subsidies, there will be a focus on loosening immigration measures.  While the full details are not yet available, the intention is to make the immigration process easier for individuals with a bachelor’s degree in ESG and those with relevant experience. This includes removing the requirement for a dedicated local job offer as well as ensuring that dependents are permitted to join the main applicant in Hong Kong.  

For any questions, please contact our employment and immigration team at [email protected] and [email protected].

Author

Rowan McKenzie is a partner in Baker McKenzie's Hong Kong office and the head of the Firm's Employment Practice Group in China, Hong Kong, Vietnam, Indonesia, Malaysia and Singapore. He has extensive experience in all aspects of employment law. Rowan is regularly invited to chair and present at seminars and events and has authored numerous articles on Hong Kong employment law. He is an Editorial Board Member for LexisNexis Practical Guidance.

Author

Antonia Grant is a special counsel in Baker McKenzie's Hong Kong office and leads the Hong Kong immigration team of the Firm's Employment & Compensation Practice Group.

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