Hong Kong to offer residency visa for investors in local markets

Government hopes to stem outflow of talent to Singapore and Japan

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Hong Kong's government is hoping to attract capital and human resources with a new visa scheme. © Reuters

TAKESHI KIHARA, Nikkei staff writer

HONG KONG -- Hong Kong will revive a visa program that grants residency status to people who invest a certain amount in local asset markets, amid an intensifying competition for talent with neighboring countries like Singapore and Japan.

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