Q38.I have already invested in Macao and I wish to apply for residency here. What can I do?

A: Interested parties of major investments in the city that are beneficial to the Macao SAR may submit application to IPIM for temporary residency application based on their actual status. Applicants may apply for temporary residency based on the implementation of their investments in Macao as their application grounds.

Q39. Is there any requirement regarding the field of “major investment/major investment plan”? Is there any requirement of the number of shareholders?

A: The field of “major investment/major investment plan” should be one of the industries that the Macao SAR is pro-actively developing and those motivate diversification of Macao’s industries, such as featured finance, traditional Chinese medicine sector, convention and exhibition industry, cultural and creative industries, e-commerce and information technology sector. The amount of an applicant’s investment of shall be calculated according to the shareholding structure of the company. Relevant details are available at the “Assessment Criteria for Temporary Residency Application – Major Investment/Investment Plan”: https://www.ipim.gov.mo/en/investment-residency/temporary-residence-permit-application/assessment-criteria/assessment-criteria-for-temporary-residency-application-major-investment-investment-plan/.

Q40.Can an applicant stay in Macao after filing an application?

A:Applicants are not allowed to receive an extended stay in Macao before the results of their applications are announced. Applicants must stay in Macao within the allowed period as authorised by relevant departments when they enter Macao with valid travel documents. Please refer to the official website of the Public Security Police Force: https://www.fsm.gov.mo/psp/cht/main.html.

Q41.How to prepare documents in relation to the operation of business?

A: Documents relevant to the operation of business include orders the company has received, signed business agreements or contracts to be signed, photos and catalogue of products, photos of the business establishment(s), fiscal reports for the recent two years, valid licence of using the business establishment(s). If the company engages in businesses that require licence to run, relevant licence should also be prepared. (Please refer to point 5.3.2 in the Temporary Residency Application Guidelines: https://www.ipim.gov.mo/en/investment-residency/temporary-residence-permit-application/application-procedures-and-guidelines/.)

Q42.How to distinguish between Group A taxpayer and Group B taxpayer? What documents should I prepare?

A: Definitions of Group A taxpayer and Group B taxpayer are available on the official website of the Financial Services Bureau: http://www.dsf.gov.mo. Relevant required documents are listed in point 5.3 in the Temporary Residency Application Guidelines: https://www.ipim.gov.mo/en/investment-residency/temporary-residence-permit-application/application-procedures-and-guidelines/.

Q43. What are the assessment criteria for temporary residency application based on “major investment/major investment plan”?

A: The analysis focuses on six elements, namely to which industry the investment belong, how the investment project enhances the technological level and competitiveness of the industry, contribution to local labour market, how the investment project enhances Macao’s presence in the international society, sustainability, amount of investment, sustainable operation of the investment in Macao. Relevant details of the assessment criteria for temporary residency application based on “major investment/major investment plan” are available on IPIM’s official website: https://www.ipim.gov.mo/en/investment-residency/temporary-residence-permit-application/assessment-criteria/assessment-criteria-for-temporary-residency-application-major-investment-investment-plan/.

Q44.Is there any standard to meet in terms of the investment amount of “major investment/major investment plan”?

A: IPIM has already published the requirements relevant to the investment amount of “major investment/major investment plan”. The investment amount is calculated based on the proportion of shares held by applicants. The investment is composed of fixed assets for operation, operating expenditure and fees. Capital not possessed by the applicant will not be taken into account and goods in stock are excluded in the calculation of investment amount. Relevant details of the assessment criteria for temporary residency application based on “major investment/major investment plan” are available on IPIM’s official website: https://www.ipim.gov.mo/en/investment-residency/temporary-residence-permit-application/assessment-criteria/assessment-criteria-for-temporary-residency-application-major-investment-investment-plan/.