Hong Kong sets up an expedited procedure for visa applications from white-collar leaving Japan, reports the Wall Street Journal. The territorial administration has approved a simplified system that responds specifically to requests from expatriates who leave the Japanese financial markets to be relocated in other Asian countries.
But this new procedure, which will get a visa in 48 hours against six to eight weeks, normally, does not anyone. It concerns the executives working for banks and multinational finance and earning between 150,000 and 300,000 dollars per year. This corresponds, for the moment, 270 applications received between 17 and 31 March.
The stated goal is to attract and retain these executives in Hong Kong before they opt for other destinations. We'll have to hurry. According to a spokesman for Citigroup Inc., 80% of employees who left Japan were again at their posts in the archipelago. 
But this new procedure, which will get a visa in 48 hours against six to eight weeks, normally, does not anyone. It concerns the executives working for banks and multinational finance and earning between 150,000 and 300,000 dollars per year. This corresponds, for the moment, 270 applications received between 17 and 31 March.
The stated goal is to attract and retain these executives in Hong Kong before they opt for other destinations. We'll have to hurry. According to a spokesman for Citigroup Inc., 80% of employees who left Japan were again at their posts in the archipelago.
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