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The Executive Yuan opens a visa for entrepreneurs to compete for international innovative and entrepreneurial talents.

Published: 2024-09-16 Author: mysheen
Last Updated: 2024/09/16, Grab international innovative and entrepreneurial talents, start a visa for entrepreneurs-people from Hong Kong and Macao have been opened to accept, and foreigners are on their way at the end of July. In recent years, the international competition for talent has been staged. In order to improve the incentive for foreign entrepreneurs to come to Taiwan to start businesses, the Executive Yuan has launched a "start-up".

The Executive Yuan opens a visa for entrepreneurs to compete for international innovative and entrepreneurial talents.

Grab international innovative and entrepreneurial talents, start a visa for entrepreneurs-people from Hong Kong and Macao have been opened to accept, and foreigners are on their way at the end of July. In recent years, the international war for talent has been staged. In order to improve the incentives for foreign entrepreneurs to come to Taiwan, the Executive Yuan has launched an "entrepreneur visa" for entrepreneurs from foreign countries and Hong Kong and Macao (excluding the mainland) with innovative ability and technology. loosening the restrictions on investment immigrants to Taiwan in the past requires investment of more than 6 million yuan, provides one-year residence visas for entrepreneurs coming to Taiwan, and can apply for extended stay based on entrepreneurial achievements, and the trial period in the first two years In order to inject new energy into the environment of innovation and entrepreneurship in China and promote the momentum of economic growth in the future, we temporarily take the approval of 2,000 candidates as the principle every year.

In recent years, the Government has actively promoted various measures to promote innovation and entrepreneurship, including: financial assistance from venture capital (such as Venture extraction Program Investment Plan, Entrepreneurship Angel Project), creative implementation through the Taiwan Innovation Express Media Centre (TRIPLE), issuance of visas for entrepreneurs, creation of world-class entrepreneurial clusters, and so on. Among them, in May 2014, the Executive Yuan approved and promoted the entrepreneur visa program, planning to submit applications to the Ministry of Foreign Affairs and then to the Ministry of Economic Affairs for examination, while people from Hong Kong and Macao submitted applications to the Ministry of the Interior. The relevant departments have coordinated with the updated review mechanism and residence visa regulations (for example, the Ministry of Foreign Affairs added the residence cause code for innovative entrepreneurship, the Ministry of the Interior revised the measures for permits for Hong Kong and Macao residents to enter Taiwan and stay and settle, the Ministry of Economic Affairs formulated the key points for the examination and processing of foreigners' applications for business in Taiwan, etc.), the Ministry of the Interior began to accept applications for Hong Kong and Macao entrepreneurs' visas on July 15. The Ministry of Foreign Affairs is expected to launch a visa for foreign entrepreneurs by the end of July.

In addition, the Executive Yuan has instructed the Global Joint Service Center for attracting Investment and talents to set up a single window function, and plans to set up a "Global Joint Service Center for attracting Investment and attracting talents" in early August to provide special project services. to solve the online consultation and physical services of foreign white-collar workers coming to Taiwan at all stages (pre-Taiwan evaluation, application procedures when entering the country, and facilitating life after entering the country).

The National Development Commission said that recruiting international innovative and entrepreneurial talents is a new round of international competition. Britain, Singapore, South Korea and other countries have launched "entrepreneur visas" to attract outstanding international people to innovate and start businesses locally. Therefore, our country uses foreign experience for reference to set up entrepreneur visas to attract foreign entrepreneurs to come to Taiwan to start businesses.

The National Development Commission said that as long as it is determined by the Ministry of Economic Affairs to meet one of the following innovative capabilities and technical conditions:

First, to obtain domestic and foreign venture capital companies or international fund-raising platforms to raise more than 2 million yuan; second, to be stationed in innovative and entrepreneurial parks or nurturing institutions recognized by the government (such as Taiwan New Arena, TSS); third, to obtain domestic and foreign patents; fourth, to participate in domestic and foreign representative entrepreneurship, design competitions and other individuals or groups. Or fifth, you can apply for an entrepreneur visa if you serve as the person in charge of an innovative start-up and invest more than 1 million yuan.

According to the principle of team applicants, each team should have no more than three applicants. Those who are approved can obtain one-year residence first, and then, if they set up a company and have operational facts, they can apply for extension of residence for another two years, continuous legal residence for five consecutive years, and permanent residence for more than 183 days a year. Entrepreneurs from Hong Kong and Macao can apply for settlement.

The inquiry units and telephone numbers for questions related to the eligibility and window of the bid are as follows:

Qualification: http://www.moeaic.gov.tw/ of the Investment Review Commission of the Ministry of Economic Affairs, Tel: (02) 3343-5700.

2. Application delivery window:

(1) Foreign entrepreneurs: http://www.boca.gov.tw/, Consular Affairs Bureau of the Ministry of Foreign Affairs, Tel: (02) 2343-2885, 2343-2895.

(2) Hong Kong and Macao entrepreneurs: http://www.immigration.gov.tw/ of the Immigration Department of the Ministry of the Interior opens a new window (home page / Hong Kong and Macao residents / 0404 notes on applying for residence in Taiwan), Tel: (02) 2389-9983

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