The Youth I.D.E.A.S. announced its latest report on
“Attracting Diverse Young Talents to Hong Kong”
The Youth I.D.E.A.S. (established by HKFYG Youth Research Centre) has released its study on “Attracting Diverse Young Talents to Hong Kong”.
Figures from the Immigration Department showed that 66,176 foreign talents were approved to work in Hong Kong in 2018 which amounts to 1.67% of the total work force. This percentage is much lower than those of Switzerland and Singapore whose talent rankings top the world. Figures also showed that only 555 and 40 foreign talents were approved to work here under the Quality Migrant Admission Scheme (QMAS) and the Technology Talent Admission Scheme (TechTAS) respectively which are far below their respective quotas of 1,000. It reflects that Hong Kong is not doing well in attracting foreign talents.
Interviews with 21 talents aged 18-39 from the mainland and foreign countries showed that expensive housing cost is the main obstacle for them to work in Hong Kong. In addition, lack of interest in Hong Kong, worries with declining international image and liberal environment, and language barrier are other discouraging factors.
The study recommended to set up a “ConnectHK” agency to coordinate the publicity and recruitment of foreign talents. It also recommended enterprises that are facing talent shortage launch international internship programmes to connect with international talents. Besides, it recommended the government provides an accommodation subsidy to talents of QMAS and TechTAS.