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Hong Kong Visa Guide

Top Talent Pass Scheme for Entrepreneurs (2026)

Can you start a business in Hong Kong without a job offer? The TTPS makes it possible.

Everything entrepreneurs need to know about Hong Kong's Top Talent Pass Scheme: eligibility categories, application process, and how to transition from TTPS to running your own company.

No job offer required, ideal for founders
24 to 36 months initial stay by category
200 eligible universities across 4 global rankings
Processing: 4 weeks on average
GrowAcross TeamPublished
12Last updated

What is the Top Talent Pass Scheme (TTPS)?

The Top Talent Pass Scheme (TTPS), launched by Hong Kong's Immigration Department in December 2022, is designed to attract high-earning professionals and graduates from world-renowned universities to live and work in Hong Kong.

For entrepreneurs, TTPS represents the most straightforward entry point into Hong Kong. Unlike the General Employment Policy (GEP) or Investment Visa, TTPS requires no employer sponsor, no company setup, and no business plan at the application stage.

Since its launch, over 90,000 applications have been approved, with more than 75,000 talents arriving in Hong Kong with their families. The scheme has become the fastest-growing visa pathway into the city.

TTPS Eligibility Categories for Entrepreneurs

TTPS Categories Comparison

Income RequirementHK$2.5M+ assessable income in year priorNot requiredNot required
University RequirementNot requiredDegree from one of 200 eligible universitiesDegree from one of 200 eligible universities
Work ExperienceNot specifiedMin. 3 years in past 5 yearsLess than 3 years (recent graduates)
Annual QuotaUnlimitedUnlimited"10
Initial Stay36 months24 months24 months
Best ForSuccessful founders and executivesExperienced professionals pivoting to entrepreneurshipRecent MBA or business school graduates

Categories and requirements as of April 2026 (university list updated 1 January 2026). Subject to change by Hong Kong Immigration Department.

Important eligibility exclusion: nationals of Afghanistan, Cuba, and the Democratic People's Republic of Korea (DPRK) are not eligible under any TTPS category, regardless of income or qualifications. Additional restrictions may apply to nationals of Laos, Nepal, and Vietnam under broader immigration guidelines.

Category C does not apply to non-local students who obtained their undergraduate qualification from a full-time, locally accredited programme in Hong Kong. These graduates should consider the IANG scheme instead.

TTPS Categories in Depth

Category A: The Path for Successful Entrepreneurs

Category A targets high-income individuals earning HK$2.5 million (approximately US$320,000) or more in the year preceding the application. This is the most relevant category for established entrepreneurs and business owners with a track record of success.

Who qualifies under Category A:

  • Founders or co-founders of companies generating significant personal income
  • Business owners drawing substantial salary or dividends from company profits
  • Serial entrepreneurs with verifiable income history
  • C-suite executives planning to launch their own venture in Hong Kong

Key documents needed:

  • Tax returns from the past year showing HK$2.5M+ assessable income
  • Employment reference letters or company financial statements
  • Valid passport with at least 6 months remaining validity
  • Completed application form ID(E)1040

There is no annual quota for Category A, and no university degree requirement.

Category B: Top University Graduates with Experience

Category B is designed for professionals who graduated from one of the 200 eligible universities on Hong Kong's aggregate list and have at least 3 years of work experience in the past 5 years.

Why this matters for entrepreneurs: many founders hold degrees from top universities but do not meet the HK$2.5M income threshold, especially if they have been reinvesting profits into their startup. Category B provides an alternative entry point that does not depend on personal income.

The aggregate list of 200 eligible universities (updated 1 January 2026) includes institutions from the top 100 of four global rankings (QS, THE, US News, SJTU), plus the top 5 hospitality programmes, top 5 art and design institutions, and top 20 Mainland Chinese universities.

Eligible universities include major US institutions (MIT, Stanford, Harvard), UK universities (Oxford, Cambridge, Imperial), Asian universities (NUS, NTU, HKU, HKUST, Tsinghua, Peking), and European institutions (ETH Zurich, EPFL, IE University). The full list is updated annually by the Immigration Department.

Application requirements:

  • Degree certificate from an eligible university
  • At least 3 years of post-graduation work experience
  • CV demonstrating professional trajectory
  • No income threshold

Category C: Recent Graduates

Category C covers graduates of eligible universities with less than 3 years of work experience, subject to an annual quota of 10,000 places (first come, first served). This category suits recent MBA graduates or young entrepreneurs.

Important exclusion: Category C does not apply to non-local students who obtained their undergraduate qualification from a full-time, locally accredited programme in Hong Kong. These graduates should apply through the Immigration Arrangements for Non-local Graduates (IANG) scheme instead.

TTPS Application Process: Step by Step

From Application to Arrival

  1. 1
    Prepare Documents

    Gather your passport, degree certificate (Category B/C), income proof (Category A), CV, and completed ID(E)1040 form. Ensure all documents are in English or Chinese, or have certified translations. Applications using digital degree verification through approved third-party organisations may benefit from faster processing.

    1-2 weeks
  2. 2
    Submit Online Application

    Apply through Hong Kong Immigration Department's e-Visa portal. Upload all required documents digitally. Pay the application fee of HK$600 (updated February 2025).

    1 day
  3. 3
    Immigration Review

    The Immigration Department reviews your application. They may request additional documents or clarifications. Standard processing time is approximately 4 weeks.

    4-6 weeks
  4. 4
    Receive Approval-in-Principle

    Once approved, you receive an electronic notification. You have 6 months from the approval date to enter Hong Kong and activate your visa.

    Same day
  5. 5
    Enter Hong Kong and Collect Visa

    Upon arrival, visit the Immigration Department to collect your visa label. Your stay period (36 months for Category A, 24 months for B/C) begins from this date.

    1 day
  6. 6
    Set Up Your Business

    Once in Hong Kong with your TTPS visa, you can register a company, open business bank accounts, and start operating. No additional visa or permit is needed to run a business. See our Hong Kong company formation and business banking guides for details.

    2-4 weeks

Can You Start a Business on a TTPS Visa?

Yes, and this is the key advantage of TTPS for entrepreneurs.

Unlike the GEP visa (which requires a sponsoring employer) or the Investment Visa (which requires a detailed business plan upfront), TTPS holders have complete flexibility to:

  • Register and operate a Hong Kong company as a director, shareholder, or both (limited company, sole proprietorship, or partnership)
  • Work for any employer while building your business on the side
  • Switch between employment and self-employment without notifying Immigration
  • Hire employees through your Hong Kong company
  • Open business bank accounts at major Hong Kong banks

No separate business plan or Investment Visa is required during your initial 24 to 36 month stay. You will need a Business Registration Certificate once your company is operational, which also serves as key evidence for your visa renewal.

TTPS also now permits remote employment for an overseas employer, provided your annual income exceeds HK$1,200,000 and you comply with Hong Kong income tax requirements. This can be a useful bridge for entrepreneurs winding down commitments abroad while building their Hong Kong venture.

The only restriction: you must be physically residing and working in Hong Kong. Purely remote arrangements from outside Hong Kong are not compatible with TTPS status.

TTPS vs Other Visa Options for Entrepreneurs

For entrepreneurs who do not qualify under TTPS (neither HK$2.5M assessable income nor a degree from an eligible university), the Investment as Entrepreneur scheme is the main alternative. It requires a detailed business plan, capital investment, and assessment by the Immigration Department, but has no income or university requirements. Learn more at /hong-kong/visa-work-permit.

Pros
  • No employer sponsor needed

    Unlike GEP, you do not need a Hong Kong company to sponsor you before arrival

  • No business plan required

    Unlike the Investment Visa, you do not need to submit a business plan with your application

  • Fast processing (about 4 weeks)

    Faster than Investment Visa (3-6 months) or GEP (6-8 weeks)

  • Full flexibility

    Work, start a business, or do both. No restrictions on business activities

  • Dependent visa eligible

    Spouse and children under 18 can join you in HK with unrestricted work rights

  • Category A gets 36-month initial stay

    Longer initial period than most other visa types

Cons
  • Strict eligibility criteria

    Category A requires HK$2.5M+ income; Category B requires a degree from one of 200 eligible universities

  • Renewal requires proof of activity

    Must demonstrate employment or business operations in HK at renewal. A startup with no activity could face challenges

  • Income definition is narrow

    Investment income and dividends do not count toward the HK$2.5M threshold. Only taxable employment or business income qualifies

TTPS Application Checklist for Entrepreneurs

Complete Document Checklist
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All Categories
Category A
Category B
Category C

From TTPS to Hong Kong Permanent Residency

TTPS holders who maintain continuous ordinary residence in Hong Kong for 7 years can apply for permanent residency. This is the same pathway available to all visa holders.

For entrepreneurs, the 7-year clock starts from your TTPS entry date. Your time on TTPS counts toward the 7-year requirement, even if you later switch to an Investment Visa or GEP.

How renewal works

At the end of your initial stay (36 months for Category A, 24 months for Categories B and C), you apply for an extension of stay. You must demonstrate that you are either employed in Hong Kong with a stable income, or that you have established or joined a business in the city.

Extensions are normally granted for up to 3 years, or until the expiry of your employment contract, whichever is shorter.

Top-Tier Employment Stream

If you have been permitted to remain in Hong Kong for at least 2 years under TTPS and your assessable income for salaries tax was HK$2 million or more in the previous year of assessment, you can apply under the Top-Tier Employment Stream. Upon approval, Immigration may grant an extension of up to 6 years in one go, significantly reducing administrative burden and providing long-term stability for your business.

What "continuous ordinary residence" means for entrepreneurs

Hong Kong allows reasonable business travel. You do not need to be physically in Hong Kong every day, but it must be your primary base. Extended absences (6+ months) without returning may jeopardize your permanent residency application.

You can apply for extension of stay up to 3 months (90 days) before your current visa expires, expanded from the previous 4-week window as of November 2024.

Frequently Asked Questions

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