Taiwan is making it easier for Hong Kong and Macau students who graduate from its schools to work on the island.
They will be allowed to take up employment right after graduation instead of being required to return to their place of origin, the National Immigration Agency said.
The new rules are set to take effect in two months.
In addition, the graduates can apply for Taiwan citizenship after they have worked there for five consecutive years, provided they do so more than 183 days out of the year.
Their average monthly pay in the last year of their stay must be at least double the basic salary in Taiwan in order to qualify.
Applicants for residency will no longer be required to have a close relative who has a household registration certificate.
Also, a one-year NT$5 million (US$166,600) bank deposit requirement will be scrapped.
There are about 9,000 Hong Kong and Macau students in Taiwan universities. The policy is expected to boost the number by 10 percent to 20 percent, Sky Post reported Thursday, citing staff from youth group Hok Yau Club.
Yip Chee-tim, principal of Pui Ching Middle School, said many Hong Kong students like the cultural atmosphere in Taiwan and the new policy is good for the development of both places.
– Contact us at [email protected]