Opinion | Hong Kong’s top talent scheme succeeds if people are really staying
The city must attract talent willing to develop careers and raise families here, instead of those just staying long enough to secure residency benefits

The latest visa renewal figures emphasise the importance of this issue. As of July 31, 13,678 top talent visas had expired. About 54 per cent of these visa holders applied for renewal, meaning 46 per cent either were not renewing their visas or had already left Hong Kong.
While these figures compare reasonably well with those for other global talent schemes, they mask a deeper issue: many entrants leave quickly or perhaps never intended to stay, highlighting a gap between government ambition and the reality of long-term integration.
Renewal rates vary significantly across categories. Category A, consisting of those who earned HK$2.5 million a year, has a renewal rate of 77 per cent. Category B, consisting of graduates with at least three years of work experience, has a renewal rate of 50 per cent. For Category C, among recent graduates who have worked less than three years, the figure drops to 40 per cent. The discrepancy highlights the struggle to find suitable jobs, as skills may not meet market demand. Hong Kong needs to better align entrants with the labour market.
