It is surprising that there are so many benefits of living on the Mainland with Hong Kong status!

In recent years, with the deepening of the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong's status has become a "golden springboard" for mainland families to plan for their future.

From education advancement to tax optimization, from convenience of life to career development, Hong Kong status provides holders with multi-dimensional policy dividends.

At the same time, after obtaining the Hong Kong status, if one wants to continue to live in the Mainland, one can also enjoy special benefits in all aspects, such as education, work, home purchase and retirement, and so on, which is too good-smelling, isn't it?

So, what exactly are the advantages of Hong Kong status in the Mainland that should not be overlooked?

Educational Advantage::"Fast track" for children's education

Children with Hong Kong resident status can enroll in local public schools in the nine cities in the Greater Bay Area and enjoy the same opportunities for compulsory education as Mainland students.

If they obtain Hong Kong permanent resident status and apply for a Home Visit Permit, their children's path to further studies will be more diversified:

Taking the Joint Entrance Examination for Overseas Chinese Students

The examination content is relatively simple and the admission score line is much lower than that of the General Certificate of Education Examination. Children can enter top mainland schools such as Tsinghua, Peking University and Fudan University with lower scores.

Taking the DSE exam

Apply to Mainland universities through DSE examination (Hong Kong Advanced Level Examination). Hong Kong permanent resident students can apply to 145 Mainland universities, including all 985 and 211 famous universities, without examination with their DSE results.

Internationalization of educational articulation

Hong Kong status students are free to choose to enroll in international schools in the Mainland, paving the way for further studies abroad in the future.

Tax incentives::Tangible "pocketbook" benefits

Hong Kong status can enjoy a number of tax concessions when working in the Mainland:

Greater Bay Area Personal Tax Allowance

High-end talents and talents in short supply from outside Hong Kong (including Hong Kong residents) working in the nine cities of the Guangdong-Hong Kong-Macao Greater Bay Area are eligible for government financial subsidies for the portion of their personal income tax in excess of 15% of their taxable income.

The "six-year rule" for tax exemptions

Residents of Hong Kong, Macao and Taiwan who have resided in the Mainland for a total of 183 days for less than six consecutive years are exempted from paying individual income tax on income derived from sources outside the Mainland. And in any year, as long as there is a departure of more than 30 days, the number of years of continuous residence can be "zeroed out" and recalculated.

Tax exemptions for specific cooperation zones

For Hong Kong residents working in Qianhai, the portion of their personal tax liability exceeding that of Hong Kong will be directly exempted from taxation, thus further reducing the tax cost of cross-boundary development.

▲Picture source Shenzhen Finance and Taxation Bureau

Convenience::One-stop" benefits for home purchase, travel, and retirement

The advantages of living in the Mainland with Hong Kong status are reflected in a number of scenarios:

Ease of home purchase policy

For home purchase in the nine cities in the Greater Bay Area, Hong Kong residents are not required to provide proof of employment or study and can directly purchase one self-occupied home; in first-tier cities such as Beijng, Shanghai and Guangzhou, the restrictions on home purchase are also far lower than those for ordinary foreign household registration.

enjoy peace of mind when traveling

If you lose your Hong Kong or Macau Travel Permit, you can apply for a 7-day electronic temporary permit through the "Immigration 12367" platform to avoid delaying your trip.

Elderly welfare

Hong Kong residents aged 65 or above who retire in Guangdong and Fujian provinces can apply for a monthly living allowance even if they do not return to Hong Kong every year, provided that they meet the income and asset requirements.

career development::The "Triple Opportunity" of Public Service, Entrepreneurship and Employment

Hong Kong status provides broader scope for career development:

Targeted Recruitment of Hong Kong and Macao Civil Servants

Cities in the Greater Bay Area, such as Shenzhen, have already set up Hong Kong and Macao-specific civil service posts in such areas as administration, finance and planning, which will be gradually extended to the whole province in the future.

Entrepreneurial support

Hong Kong residents starting up businesses in the Greater Bay Area can apply for living allowances, business start-up guaranteed loans and enjoy corporate income tax concessions.

Employment Advantages

Hong Kong status holders are more competitive in areas such as finance, technology and healthcare, and can leverage on Hong Kong's status as an international financial center to connect to global resources.

One identity, multiple benefits!

The Hong Kong identity serves as a bridge between the Mainland and the rest of the world for thePersonal career development, children's education, family wealth planningMultiple safeguards are provided. With the deepening of the integration of the Guangdong-Hong Kong-Macao Greater Bay AreaThe value of Hong Kong identity in the Mainland will be further emphasized.

If you also want to plan your Hong Kong identity, please feel free to enquire!