Hong Kong unveiled incentives to lure talent and companies to the city, seeking to reverse an outflow driven by pandemic controls and political upheaval that hurt its reputation as a global business capital
HONG KONG—Hong Kong’s chief executive announced incentives to lure talent and companies to the city, seeking to reverse an outflow driven by years of stringent pandemic controls and political upheaval that haveJohn Lee, who took the city’s top office in July, unveiled plans to
give two-year visas to high earners and graduates from the world’s top 100 universities, property-tax breaks to foreign buyers who go on to become permanent residents and benefits to companies. Companies will also be able to hire mainland professionals more easily under the plans.
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