Ronnie O'Sullivan's Move to Hong Kong: Insights into the Quality Migrant Admission Scheme
Ronnie O'Sullivan's Move to Hong Kong
Ronnie O'Sullivan, the celebrated English snooker star, has become a resident of Hong Kong, attracted by the city's quality migrant admission scheme and its low tax regime. Labour Secretary Chris Sun Yuk-han remarked that the city's appeal is pivotal for exceptional talents. O'Sullivan secured residency through the achievement route of the Quality Migrant Admission Scheme, emphasizing it has been on his radar for years.
Feedback from Officials
Chris Sun revealed that Director of Immigration, Benson Kwok Joon-fung, facilitated O'Sullivan's application using personal connections. During a talent policy briefing, Sun shared, “We are mutually attracted to each other.” In other words, O'Sullivan sees Hong Kong’s benefits, while officials welcome his presence fervently.
Hong Kong's Tax Advantages
- The first HK$5 million of net income is taxed at a rate of 15%.
- Income exceeding HK$5 million is taxed at 16%.
Legislator Shang Hailong indicated that this simple taxation system is a significant draw for high-earning athletes. He also noted O'Sullivan's potential contributions to the local snooker scene, including possibly opening a training school.
Future Initiatives
As Chief Executive John Lee Ka-chiu unveils a new initiative to attract high-caliber talent, O'Sullivan’s residency highlights the Quality Migrant Admission Scheme as a successful model. With over 130,000 applications since 2023, the plan also serves musicians and athletes seeking Hong Kong residency.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.