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.