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.