Hong Kong to Launch Program to Attract Foreign Talent

John Lee, the former security chief and current chief executive, delivered his first policy address focusing on national security and financial incentives to attract talent to Hong Kong. He emphasized restoring order and safeguarding national sovereignty. To counter the brain drain, he proposed a refund of the stamp duty for foreigners and mainland Chinese who stay for seven years, and introduced top talent visa schemes and an investment fund to consolidate government resources for talent retention.

What was the primary focus of John Lee's speech in his first policy address?

• Economic growth

• National security

• Healthcare reform

• Education improvement

What historical events did John Lee reference in his speech?

• The SARS outbreak

• The 2019 and 2020 protests

• The 2008 financial crisis

• The 1997 handover

What is the condition for foreigners to get a refund on the stamp duty in Hong Kong?

• Staying for seven years

• Purchasing a second property

• Investing in local businesses

• Staying for five years

What is the duration of the top talent visa schemes mentioned in the policy address?

• Three years

• Five years

• Two years

• One year

What is the purpose of the Hong Kong Investment Corporation as mentioned in the policy address?

• To manage public transportation

• To regulate the education system

• To consolidate government funds and attract talent

• To oversee healthcare services