Gaocaitong: Hong Kong Immigration Statistics and Trends

Gaocaitong: Hong Kong Immigration Statistics and Trends

2024-03-25 08:51:33

It has been more than 14 months since Gaocaitong was launched at the end of December 2022. The latest Immigration Department data obtained by “Jizhishe” shows that as of the end of February, Gaocaitong had approved nearly 59,000 applications, and the number of approved dependents exceeded 61,000 cases. Nearly 44,000 talented people have arrived in Hong Kong, and the number of dependents arriving in Hong Kong is even greater, reaching more than 46,000, of which 27,000 are unmarried children under the age of 18. Taking the more than 90,000 people arriving in Hong Kong as of the end of last month, more than 210 people have arrived in Hong Kong every day since the launch of Gao Caitong.

An average of 211 people arrive in Hong Kong every day, and the number of dependents exceeds that of talented people

According to the figures of the Immigration Department as of the end of February, the authorities have so far approved 58,895 GAP applications, of which 43,944 have arrived (nearly 75%). At the same time, the authorities have approved 61,648 dependent applications, of which 46,362 have arrived. In Hong Kong, 27,000 (nearly 58%) are unmarried and dependent children under the age of 18. In other words, under the Talent Access Scheme, each approved applicant will bring an average of 1.05 dependents to Hong Kong. Calculated from the launch of the scheme at the end of December 2022, the average number of people arriving in Hong Kong per day will be as many as 211, which is higher than the current one-way permit per person. There is a higher quota limit of 150 per day.

Gao Caitong|More than 90,000 people arrive in Hong Kong, with an average of more than 210 per day. There are more dependents than the children of Gao Cai, an increase of 113% in five months.

Gao Caitong|More than 90,000 people arrive in Hong Kong, with an average of more than 210 per day. There are more dependents than the children of Gao Cai, an increase of 113% in five months.

More than 95% of the applicants are from the mainland, and more than half have three years of work experience.

Who is the top talent arriving in Hong Kong? There were nearly 58,000 approved applicants, of which more than 56,000 (nearly 95%) were from mainland China. Canada and the United States, which ranked second and third, had 640 and 628 applications respectively (each accounting for 1%).

Judging from the categories of approved applicants, more than 32,000 (55.1%) were eligible university graduates with three years of work experience in the previous five years; nearly 14,000 (23.4%) had annual income of NT$2.5 million or more. ); approximately 12,000 (21.5%) are eligible university graduates with less than three years of work experience. Among them, the largest number of arrivals are people with qualified university graduates and three years of work experience and their dependents, with nearly 24,000 and 27,000 people respectively.

As for the professional sectors of the approved highly talented people, the Labor and Welfare Bureau responded to the “Jizhishe” inquiry and stated that more than 20% of the applicants came from the financial services sector, the business and trade sector, and the innovation and technology sector, each accounting for regarding 10%. Half of the total is in the information and communications technology services sector, and the industrial manufacturing sector accounts for regarding half.

Gao Caitong|Over 95% of applications are from mainland China and 20% are working in the financial services industryGao Caitong|Over 95% of applications are from mainland China and 20% are working in the financial services industry

Gao Caitong|Over 95% of applications are from mainland China and 20% are working in the financial services industry

The number of children arriving in Hong Kong at five months increased by 113%

It is worth noting that the number of unmarried dependent children under the age of 18 arriving in Hong Kong has increased by nearly 113% in the past five months. “Jizhishe” reported that as of the end of September last year, 12,700 children were among the 44,000 people arriving in Hong Kong; this number has increased to 27,000 in the past five months, an increase of 113%.

At present, immigrants who come to Hong Kong can arrange for their children to attend private schools or publicly funded schools. In response to inquiries from Legislative Council members at the end of January, the Education Bureau stated that Hong Kong currently has enough primary and secondary school places, and the bureau will provide public funds for the admission of newly arrived children. Aided schools provide subsidies to provide various school-based support services. Chief Secretary for Administration Chan Kwok-kee attended an economic forum in mid-March and said that Gao Cai brought regarding 30,000 children to settle in Hong Kong last year, nearly 90% of whom were under the age of 14. He hoped that they would settle down in Hong Kong and “become part of the local labor force.” new force””.

Chief Secretary for Administration Chan Kwok-kee pointed out that Gao Cai brought regarding 30,000 children to settle in Hong Kong last year, nearly 90% of whom were under the age of 14. The birth rate in Hong Kong is low, and he hopes that they will Chief Secretary for Administration Chan Kwok-kee pointed out that Gao Cai brought regarding 30,000 children to settle in Hong Kong last year, nearly 90% of whom were under the age of 14. The birth rate in Hong Kong is low, and he hopes that they will

Chief Secretary for Administration Chan Kwok-kee pointed out that Gao Cai brought regarding 30,000 children to settle in Hong Kong last year, nearly 90% of whom were under the age of 14. The birth rate in Hong Kong is low, and he hopes that they will “become a ‘new force’ in the local labor force.” (File picture)

The authorities estimate that Gao Caitong’s direct economic contribution amounts to RMB 34 billion.

Secretary for Labor and Welfare Sun Yuk-han posted on social media in February this year, stating that the authorities followed up on the situation of highly talented people arriving in Hong Kong in November last year and interviewed 5,000 highly talented applicants and their families who had arrived in Hong Kong for more than six months. Among the respondents, 54% of the applicants are employed, mainly in industries such as financial services (31%), innovation and information technology (18%), and commerce (17%). The median monthly employment income is regarding 50,000 yuan. “Significantly higher than the local median monthly employment income (NT$20,000)”; as for highly talented spouses, 16% are employed, mostly in high-tech jobs, with a median monthly income of regarding NT$30,000.

The authorities also pointed out that based on the employment and income data of applicants and their spouses, “it is estimated that the situation of the more than 30,000 highly talented and general talents who have arrived in Hong Kong in 2023 will be similar.” It is estimated that the plan will bring regarding 34 billion to Hong Kong every year. The direct economic contribution is equivalent to regarding 1.2% of the GDP. Chief Secretary for Administration Chan Kwok-kee also pointed out that the median age of those approved for Gao Caitong is only 35 years old, which is lower than the Hong Kong median of 48.5 years old. It can inject “new blood” into the local labor force.

The authorities are based on employment and income data from interviews with 5,000 highly talented applicants and their spouses. It is estimated that the project will bring an annual direct economic contribution of approximately $34 billion to Hong Kong.  (File picture)The authorities are based on employment and income data from interviews with 5,000 highly talented applicants and their spouses. It is estimated that the project will bring an annual direct economic contribution of approximately $34 billion to Hong Kong.  (File picture)

The authorities are based on employment and income data from interviews with 5,000 highly talented applicants and their spouses. It is estimated that the project will bring an annual direct economic contribution of approximately $34 billion to Hong Kong. (File picture)

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