Hong Kong is seeking to attract worldwide talents with specialties in innovative technologies including blockchain via a special immigration policy.
The Hong Kong government released a talent list on Tuesday that covers a range of 11 professions that are now eligible to receive bonus marks when experts in these areas apply for the city’s Quality Migrant Admission Scheme (QMAS).
One of the areas over there is related to innovation and technology expert in, but the limited too…, “artificial intelligence, robotics, distributed ledger technologies, biometric technologies and industrial/chemical engineering, etc.”
The QMAS launched in 2006, allows successful applicants to enter and settle in the Chinese special administrative region without having to first secure a job offer from a local employer.
According to the program description “The Scheme is a quota-based entrant scheme. It seeks to attract highly skilled or talented persons to settle in Hong Kong in order to enhance Hong Kong’s economic competitiveness,”
The scheme’s selection process requires applicants to meet several prerequisites before being awarded points under one of the two points-based tests:
General Points Test and Achievement-based Points Test. The points are further used for competing with other applicants each year.
The government announced that “For applicants who meet the specifications of the respective profession under the Talent List, bonus marks will be given under the General Points Test of the QMAS.”
The report states the Hong Kong Monetary Authority, the city’s de facto central bank, is set to roll out a distributed ledger network among several banks in the region to facilitate transactions in trade finance.