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Possibilty to get investment visa for runing a restautrant?


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  #1  
Old 09-01-2007, 12:24 PM
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Location: Hong Kong
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Possibilty to get investment visa for runing a restautrant?

I am having a plan to open a small restaurant here, the start up capital is around hk$300k with one partner which is a HK citizen.

I will go through a professional training in the cooking and will hire 2-3 HK workers as first phase. The business plan of this venture will be looking into building the business into a franchise in 5 years time and open 2-3 branches if the business achieve target profit in 2 years time.

I am worried that this kind of small start up business will not get me a investment visa so that I couldnt implement and control my business plan smoothly...

Can anyone here advice whether this kind of business if possible to get a investment visa in HK?
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  #2  
Old 09-01-2007, 12:36 PM
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links : should not be a problem if there is legtimate finance and employment of locals involved.
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Old 10-01-2007, 11:08 PM
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What I did with my company was just start it. With the revenues I built in 6 months I got it without a single employee I got the visa! I did inject some hefty assets in the company.

But I warn you, the process with the Immigration is probably more through than if you want venture capital. You are going to be seeing them often be submitting a tonne of documents. References, proof of business, copy of invoices, bank statements.

If you have a load of employees and revenues they won't kick you out.

I don't know though what is their view of a "soft" business like a restaurant.

Last edited by hk.com; 10-01-2007 at 11:12 PM.
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