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Hong Kong Trying to Attract Skilled Immigrants

November 2016, 02
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Hong Kong Trying to Attract Skilled Immigrants
With ageing population and shortage in labour Hong Kong population is expected to shrink by 2039. If  the present immigration system goes on Hong Kong would be facing huge shortage of labour. More over Hong Kong is the second oldest population after Japan from Asia. This demographic structure would result in severe social issues as the retired citizens tend to spend less and consume more public resource resulting in more investments in education and technology would be hit.

The population is expected to raise if Hong Kong invites 15000 new immigrants annually the population is expected to reach 2064 with labour force stabilising around 3.6 million as per the survey made.

Unlike the assumptions that immigrants from mainland are of ill education and indigent, it was confirmed that more skilled professionals have arrived in recent years through different talent admission schemes.  With the mainland immigration being granted one-way permit scheme to reunite with families , there is an increase to the education levels from 5% in 1995 to 20.8% in 2015 as per the Home Affairs department .

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