Economy

UK launches welcome package for resettling Hong Kongers

Big Ben London







LONDON — Britain has pledged GBP43 million ($59 million) to help people arriving from Hong Kong find jobs, houses and schools under an initiative allowing millions to resettle after China’s imposition of new security laws in the former British colony.

An escalating row with Beijing over reforms in Hong Kong has seen Britain open its doors to potentially more than 5 million people, offering them the chance to live and work in the country and eventually apply for citizenship.

The bulk of the money announced on Thursday will be spent by local government on programmes to help with English language support and housing costs for new arrivals. The government will also launch 12 virtual regional offices to provide help with tasks like registering for healthcare and schools.

These ‘Welcome Hubs’ will also provide advice on how to set up businesses in Britain.

“This programme will ensure British National (Overseas) status holders and their families have the very best start as soon as they arrive, and support to help them find a home, schools for their children, opportunity and prosperity,” said communities minister Robert Jenrick.

Britain says Chinese-imposed security laws and democracy reforms in Hong Kong have violated the terms of the agreement that saw the semi-autonomous city handed back to China in 1997. Ministers say the visa programme is a way of honoring its side of that deal.

China has reacted angrily to the offer and says the West’s views on its actions over Hong Kong are clouded by misinformation and an imperial hangover.

Since its launch in January, around 27,000 people had applied for the new visa as of March 19. Although overall estimates of demand are uncertain, the government forecasts between 258,000 and 322,000 applicants over five years.

The programme is open to 2.9 million people classed as British National (Overseas) — a special status that specifically relates to Hong Kong — and a further 2.3 million eligible dependents. — Reuters





Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top
ENJOY YOUR FREE SUBSCRIPTION!
Get In-depth Understanding Of The Stock Markets With The Top Headlines Emailed Directly To You Every Day.
We follow a strict anti-spam policy. You may cancel your subscription at any time.