HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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UK ANNOUNCES NEW SPECIAL VISA FOR HONG KONG'S BN(O) HOLDERS, OPEN FOR APPLICATION ON JANUARY 31, 202
Hong Kong's British National (Overseas) passport holders and their immediate dependants will have the right to apply for a new special UK visa from January 31, 2021. A five-year visa will cost £250 per person.
Hong Kong Bill 2019-21 passed First Reading through the House of Commons of UK, it reveals that Hong Kong BN(O) passport holders might be granted the right of abode and even more if the bill passes eventually.
The British government will allow one of the parents to stay and work in Hong Kong while his or her spouse could bring their children to study in the United Kingdom, such an arrangement was dubbed the “Astronaut Plan” in Hong Kong.
The unstable pound has contrived to aid the property market after Brexit, as overseas investors have made an ever-increasing number of overtures and investments in British property.
New research finds up to a third of young people in Britain will now rent for their entire lives, underlining the need for more investment in key UK city markets.