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Hong Kong to Introduce Talent Attraction Measure

26 October 2022

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Proposed Changes

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Hong Kong

The Hong Kong Inland Revenue Department has announced stamp duty relief to attract and keep talent in Hong Kong. --- Talent Attraction Measure: Stamp duty refund for eligible incoming talents On 19 October 2022, the Chief Executive announced in his 2022 Policy Address that, to encourage incoming talents to stay in Hong Kong for long-term development, the Government would refund the extra stamp duty paid by eligible incoming talents in purchasing residential property in Hong Kong. For eligible incoming talents who purchase a residential property in Hong Kong on or after 19 October 2022, and subsequently become a Hong Kong...