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Chapter 103 Hong Kong VTC Education
Chapter 103 Hong Kong VTC Education
Early the next morning, Mao Xiaoyu stood in her room, looking at the bustling city outside, and felt a sense of pride.
I was a little late last night. When I went to HSBC, they had already closed for the night, so I had no choice but to stay out all night.
However, it doesn't matter if it's delayed by one night. It's good that Mao Xiaoyu came back yesterday, so she can think about today's itinerary.
The first thing to do is to find a law firm, at least a reliable one in Hong Kong. Then, take the lawyer to register companies, specifically an offshore company in the British Virgin Islands and an offshore company in Hong Kong.
Only after I finish all this will I have time to open a brokerage account and trade Hong Kong stocks.
Thinking of this, Mao Xiaoyu began to tidy herself up. After finishing her work, she left her room and had breakfast at the hotel before leaving.
Because of her inquiries yesterday, Mao Xiaoyu quickly found a law firm.
Although the law firm wasn't very big, it was quite well-known in the industry, which was enough for Mao Xiaoyu.
Mao Xiaoyu told the receptionist her requirements, and soon a lawyer surnamed Zhang warmly welcomed her into his office.
"Mr. Mao, what do you need? Could you tell me?" Attorney Zhang poured Mao Xiaoyu a cup of coffee, placed it in front of him, and asked warmly.
"I came here mainly for a few things. The first thing is to help me extend my stay in Hong Kong by one or two months. I came here on a tourist visa this time, which only allows me 7 days, which is too short. I need at least a month or more, and it would be best if it were longer."
"The second thing is, I need a lawyer to help me find a reliable company to register an offshore company in the British Virgin Islands. And I also need to register an offshore company in Hong Kong," Mao Xiaoyu said, holding up her fingers.
Mao Xiaoyu only mentioned two things. As for stock trading, that's a matter with the securities company. There's no need for a lawyer to be involved. Securities companies usually have compliant templates, and there's no fraud involved.
"There are actually many ways to extend a tourist visa, such as studying abroad, investing, or talent introduction. These can all extend the time you can stay in Hong Kong. I see that Mr. Mao is not that old. How about we go through the study abroad process?" Attorney Zhang asked in a low voice.
"My grades are terrible. I don't think I'll be able to get into university if I study abroad?" Mao Xiaoyu touched her face, wondering if she could study in Hong Kong.
"Mr. Mao, although we can't get into those high-level universities, VTC education in Hong Kong is still quite good. Although it is comparable to junior colleges in mainland China, there are still differences between them."
In mainland China, after completing a junior college degree, you still need to complete a bachelor's degree before you can pursue a master's degree. However, after completing VTC education in Hong Kong, you can directly use it as a bachelor's degree and move on to higher levels.
More importantly, it is inexpensive. He only needs to study for two years to get a graduation certificate, and if he has connections in China, he can transfer directly to a postgraduate program.
"Of course, if you have connections in Hong Kong, it would be even better to get into Hong Kong University for postgraduate studies." Attorney Zhang directly pointed out the advantages of VTC education in Hong Kong.
"But I don't have time to study in Hong Kong. I have my own career, and I can't give it up to go to this crappy junior college. What's the use of a junior college diploma if I lose all my money?" Mao Xiaoyu said with a hint of regret after thinking for a moment.
"Mr. Mao, you don't think attending VTC Education in Hong Kong is like going to a junior college in mainland China, do you? Although it's possible, you can take leave during the semester if you really don't have time. In the end, as long as you pass the exam, you will naturally receive a graduation certificate. As for how to pass the exam, it's actually quite simple," Attorney Zhang said with a smile.
"Oh, now that you mention it, I'm quite interested. Come on, Attorney Zhang, tell me about this VTC in Hong Kong."
"What exactly is education all about?" Mao Xiaoyu asked with interest.
"This VTC education in Hong Kong, well, it's mainly for people in China who have low academic performance, are rich, but have poor English skills and can't afford to study at those diploma mills in Europe and America."
As for the Hong Kong government, these schools can collect a lot of tuition fees, and wealthy children from the mainland can also go to school. If some of them are good at studying, they also have a way to move up in society. If they are average, they can still make a living in Hong Kong with a Hong Kong college diploma.
"After all, he's studied in Hong Kong for two years, his family is relatively well-off, he's become fluent in Cantonese, and with his parents contributing some money, he should be able to make a living doing business in Hong Kong," Attorney Zhang explained slowly and methodically.
After hearing Attorney Zhang's explanation, Mao Xiaoyu understood a little. In short, VTC education in Hong Kong is no different from junior college education in China.
You could say that graduates from this kind of school are useful, but you could also say they're useless. They're basically the same as junior college graduates in China. In the talent hierarchy, students from Hong Kong's VTC education are considered inferior to those from Hong Kong's undergraduate education.
Of course, such talents may have a better chance of finding employment in Hong Kong. After all, those who can afford this kind of education are considered to have some money, and when it comes to employment, they can find good jobs by using connections.
"How much is this tuition?" Mao Xiaoyu asked again.
"It costs around HK$5 to HK$10 per year, but you need a high school diploma from mainland China, plus exams. Without these, the tuition might be two or three times higher," said Attorney Zhang.
"What majors are available for me to study? At least what courses are included?" Mao Xiaoyu asked.
"We offer a variety of courses, depending on what you want to study. You should know that this is just a junior college program, and there are many specialized courses available," Attorney Zhang said.
Upon hearing this, Mao Xiaoyu thought for a moment about what she could do.
It seems that in my past life, besides being able to cut hair and speak a few words of English, I was a bit bad at writing and not very good at anything else.
What can I learn in my lifetime?
Why not study media, photography, or anything related to film?
Even if you learn it, you might not need it in the future, but it's still good to take pictures for fun when you have nothing else to do.
After all, I can't keep playing with money forever, right?
You have to find some hobbies!
Being a photographer, a director, working in the entertainment industry, and dating beautiful women—it seems like a pretty good thing.
It's all about having fun!
Thinking of this, Mao Xiaoyu casually asked, "Any academic studies related to media?"
"Yes, of course! As long as you want to learn, you can find it," Attorney Zhang replied directly.
Mao Xiaoyu was taken aback by Attorney Zhang's quick reply and felt something was off.
It seems like this lawyer Zhang is intentionally trying to get me to attend this school. Could it be that the other party can make a lot of money from it?
After all, I don't know the other person, so why would they be so kind as to help me?
And another thing is that Hong Kong lawyers charge by the hour, but after all that talk, they haven't mentioned how much they'll charge. It seems like this guy who brought me to school could make a lot of money, huh?
Or should I listen to something else?
Thinking of this, Mao Xiaoyu hesitated for a moment, then asked, "I want to ask, besides going to school, are there any other ways to stay here?"
"Of course, there is also the investment immigration policy. According to the current requirements of the Hong Kong government, as long as you invest HK$650 million in Hong Kong, you can apply for investment immigration. This HK$650 million must be invested in real estate, finance, and government-designated projects, and there are strict investment indicators."
For government-designated projects, a minimum investment of 100 million is required, and for real estate investment, a minimum of 150 million and a maximum of 250 million are required.
It's not that you can only buy properties worth less than 2.5 million, it just means that your share of the investment can only reach 2.5 million. The same goes for finance; you can invest 3 million or 30 million, it's up to you, but the minimum is 3 million.
If you didn't understand, let me explain again. Investment immigration requires 650 million, of which 100 million is for government-designated investment projects. The remaining 550 million can be invested in real estate and finance. The minimum investment in real estate is 150 million, and the minimum investment in finance is 300 million, but the total investment must be at least 550 million.
The finance we're talking about includes not only the stock market and securities market, but also margin trading, bonds, and futures. In short, anything related to finance can be invested up to 300 million. Of course, you can invest more as well. It depends on your personal preferences and you can do whatever you want with it.
"But one thing to note is that this 650 million investment must be held for a period of 7 years. This means that during these 7 years, your assets may change, but the amount invested must be more than 650 million. If it is less than this amount, some problems will arise, such as your permanent ID card may be cancelled," Attorney Zhang said.
After saying this, Attorney Zhang paused for a moment, took a sip of coffee, and continued, "Of course, besides the two mentioned above, there are also relatives, or spouses, which I believe Mr. Mao probably doesn't have. There's also talent introduction. Hong Kong lacks some high-quality talents. If you are such a talent, you can also obtain a permanent resident card for Hong Kong and stay in Hong Kong permanently."
However, I feel that none of these options seem quite suitable for Mr. Mao. Therefore, I think only education and investment immigration are suitable for him. But the amount required for investment immigration is too large, requiring 650 million. It would be better to go to school and obtain a non-permanent resident certificate as a temporary measure.
As Attorney Zhang steered the conversation back to schooling, Wang Xiaoyu knew there was something fishy about it. But after all that, she realized that if she really wanted to stay in Hong Kong long-term, the only options were to get a school permit or immigrate through investment.
Should I go to school or immigrate through investment?
Going to school has its advantages, and so does investing in immigration.
The advantage of going to school is that the cost is definitely lower than that of investment immigration. Moreover, if you study well and have the opportunity to stay in Hong Kong, you can get a permanent resident card after 7 years. Even if you don't want a permanent resident card, you can at least get a non-permanent resident card while studying for the next two years and stay in Hong Kong for a long time.
As for the downsides of going to school, it might be that the cost is very high. Mao Xiaoyu knows that spending money on the surface and spending money secretly are different. Some small, miscellaneous expenses are the real expenses. Tuition fees may sometimes be the lowest charge, while the various fees for different items are the real culprits.
The advantage of investment immigration is that once the money is in place, a lawyer can quickly handle all the procedures for investment immigration.
As for the downsides of investment immigration, they are not too great. Mao Xiaoyu is confident in both buying a house and finance.
What I don't understand the most is that investment of 100 million in some government special project. Most of it is not very useful, and it is questionable whether it can be recovered after 7 years.
Because if something goes wrong, there's nothing the government can do. You invest willingly; no one forced you. If the company goes bankrupt, it's normal to lose money. So, Mao Xiaoyu knew that investing 100 million yuan in the so-called special project was a complete waste of money.
This shows that Mao Xiaoyu needs to spend 100 million to get a permanent resident card in Hong Kong and then be able to stay in Hong Kong for a long time.
Given this, is it better to go to school or immigrate through investment?
After thinking for a while, Mao Xiaoyu decided that going to school was still the best option.
After all, Mao Xiaoyu's educational level is too poor. If it is found out in the future, a junior high school student really doesn't deserve such high assets.
However, having a VTC education diploma from Hong Kong is different; at least it's a college diploma level, and if you spend a little more money, it's quite normal to graduate with a bachelor's degree.
In the end, I can graduate with a bachelor's degree from Hong Kong and go to a third-rate university in mainland China to apply for a master's degree. I believe I might even pass the entrance exam. In the end, I won't be a junior high school student anymore, but a master's student. That way, I can show off my degree.
Thinking of this, Mao Xiaoyu looked up and asked, "Attorney Zhang, if I want to apply for VTC insurance, how much would it cost?"
"Let me calculate it for you." Hearing that Mao Xiaoyu wanted to apply for VTC, Attorney Zhang happily brought out a calculator and began to calculate for Mao Xiaoyu.
After a flurry of calculations, Attorney Zhang finally looked up and asked, "Mr. Mao, do you have a high school diploma from China? And how did your English exam go?"
"Your English is alright, but you don't have a high school diploma from China. Does that mean you can't go to school without a high school diploma?" Mao Xiaoyu asked, pretending to frown.
"No, it's just that the cost is a little bit higher. Wait a minute, I've calculated it and I'll tell you how much it will cost."
Attorney Zhang began busily calculating.
"I've calculated it. Without a high school diploma, it will be a little more complicated to get in, and you'll need to spend a little money. In addition, there are tuition fees, book fees, accommodation fees, clothing fees, food fees, and a series of other expenses. Plus, Mr. Mao, you specified that the media industry is the requirement. So, the total cost for half a semester will be 15 yuan," Attorney Zhang said, looking up after finishing the calculation.