UK visa is the trigger for a flight from Hong Kong to the capital

ServiceFinancial flow

London confirms a “window” for citizens of the former colony with “foreign” passports before 1997, and is the first to leave financial assets

By Rita Fatiguso

London confirms a “window” for citizens of the former colony with “foreign” passports before 1997, and is the first to leave financial assets

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London did not give up and, despite threats of retaliation from Beijing, opened a preferential channel for those with “foreign” Hong Kong passports issued by the former colony before 1997 and wanted to move to the United Kingdom to live and work is. With the possibility after five years to gain British citizenship. The online process also starts from 23 February. London’s move to the financial hub has led to a loss of at least $ 36 billion.

Big move

It is estimated that at least 3 million are entitled to take advantage of the possibility that, at the moment, it seems difficult to achieve on a large scale; The virus is affecting Hong Kong and Great Britain and flights between the two countries have been disrupted. Potential users may actually be 300 thousand. In addition, many are waiting for the online process rather than queuing at the offices of consular officers due to tensions on the front of relations with Beijing.

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But those who have actually decided to leave Hong Kong have already sold their homes, property and transferred financial assets in a capital inflow of at least $ 36 billion. Given the uncertain prospects of Great Britain, he sheltered everything he had done in Hong Kong in the wake of the move.

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As to the possibility of returning to Hong Kong, it should be said that foreign passports are valid only abroad and for countries that recognize it, those who still arrive will still return to the former colony with a simple identity card. Can enter.

The clarification must be made as Beijing has declared that it does not recognize passports issued before handover, but asked Great Britain not to guarantee this escape route for Hong Kong citizens. The request was rejected.

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