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Hong Kong identity + cash subsidy, financial technology and ESG talents are sought after!

label: 2022-09-10

Recently, media reports said that Hong Kong plans to provide cash subsidies and relax immigration requirements to attract fintech and ESG talents.


For those who have obtained a bachelor's degree in ESG and have relevant experience, they can bring their family members directly to Hong Kong without showing the employment notice of the Hong Kong company!


#01


What is ESG


ESG stands for Environment, Society, and Corporate Governance.


Different from traditional financial indicators, ESG indicators evaluate the sustainability of business operations and the impact on social values from the perspective of environment, society and corporate governance.


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Simply put, it is the contribution made by the enterprise to the society, including solving the labor force and reducing pollution.


#02


ESG standing in the wind


In the past two years, the term ESG has frequently appeared in the reports of local governments and well-known companies.


In order to seize the development opportunities, enterprises are also increasing their efforts to recruit talents in the ESG field.


01


PricewaterhouseCoopers made a strong official announcement last year: it will invest US$12 billion in the ESG field in the next five years and create 100,000 jobs.


02


Ernst & Young specially set up an ESG consulting company and made a bold statement: it plans to invest 100 million pounds and expand its recruitment by 1,300 people.


03


Deloitte launched a "Climate Learning Program" for 330,000 employees, acquired a consulting firm to develop ESG-related certification and consulting services, and expects to double its headcount.


04


KPMG plans to expand its enrollment in China by 7,000 in the next three years.


05


This year, many well-known companies have joined the queue to release ESG reports, such as JD.com, bilibili, Lufax, and Geely Auto.


It's enough to see how big the wind is.


There are well-known companies proofing, and more companies will enter this green gold track in the future, and ESG-related talents are bound to be looted.


#03


ESG Talent


The sweet pastry in the eyes of the Hong Kong government


In fact, the Hong Kong SAR government has included ESG professionals in the Hong Kong talent list as early as 2021.


In addition, New World Development, a Hong Kong-listed company, also held a large-scale job fair, adding nearly 1,000 positions. Among them, the highest-paid ESG strategist earned a monthly salary of HK$100,000.


The Hong Kong Immigration Department has made a detailed description of the responsibilities and typical qualifications of ESG talents, as follows:


▶ Possess a bachelor's degree in environmental science/management, sustainability, business, finance, business administration, economics, accounting, law, environmental studies or other related disciplines with on-the-job training or an industry course or program; and


▶ Possessing ESG financing, investing, product development, disclosure/reporting/standards, rating assessment, risk management, regulation and compliance, investment research and analysis, especially climate change-related practices, incorporating climate-related factors into risk and investment management , carbon footprint calculation, stakeholder management or other relevant areas of experience and knowledge.


The application success rate of talents who meet this list will be higher than that of other industries!


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#04


ESG Talent Choose Hong Kong


Advantages & Benefits


As an international financial center, Hong Kong has a deep application of ESG development, and the industry development is at the forefront of Asia. Therefore, ESG talents have broad prospects for development in Hong Kong.


In addition to high salary and very attractive development prospects, the advantages of Hong Kong identity should not be underestimated! ESG talents can apply through the Hong Kong Talent Program.


There are many advantages of Hong Kong identity, which are comprehensively reflected in financial investment, tax incentives, household registration policies, education and further studies, medical benefits, etc.


1


freedom of identity


No need to wait 7 years to enjoy the same education and medical benefits as Hong Kong permanent residents. Children born in Hong Kong can directly obtain Hong Kong permanent resident status.


2


Welfare Freedom


Before applying for the Home Return Permit, you can keep your mainland identity and household registration and enjoy dual benefits in both places.


3


educational freedom


Fifteen years of free Chinese and English education, you can enter pure foreign international schools, participate in the DSE examination and the exemption plan for mainland colleges and universities, and pass the Hong Kong, Macao and Taiwan overseas Chinese students joint entrance examination to enter mainland famous schools, and enjoy the advantage of lower admission.


4


business freedom


No foreign exchange control, narrow tax base, few tax types, simple tax laws, and preferred tax residency status. It is easy to set up an international company locally, with low business costs, and foreign investment treatment can be enjoyed in the mainland.


5


Visa-free freedom


The issued SAR passport can be visa-free to 168 countries and regions, and can legally hold passports of other countries (as travel documents).


At present, the Hong Kong government is constantly adjusting the existing talent introduction plan and introducing favorable measures one after another. This stage is the golden window period for applying for Hong Kong identity!


Nebula International is headquartered in Hong Kong, China, with regional advantages and strong resources. Professional consultants, senior copywriters, and post-service teams will follow up the whole process, providing a full range of considerate services such as Hong Kong immigration, further education, and investment.


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