In 2013, a total of 587 applications for temporary residency for managerial personnel, technical and professional qualification holders were received by the Macao Trade and Investment Promotion Institute (IPIM) (an increase of 47 compared with last year), 105 applications for major investment and major investment plans (an increase of 21 compared with last year), representing 84.83% and 15.17% of the total of 692 new applications in 2013. Approved cases for managerial personnel, technical and professional qualification holders amounted to 251 (an increase of 11 compared with last year), approved applications for major investment and major investment plans totalled 41 (an increase of 33 compared with last year). In accordance with the Administrative Regulation No. 7/2007, temporary residency applications for fixed asset purchases have been suspended since 4 April 2007. There were over 4,000 applications lodged before the closing date of the policy and are still being processed. Therefore, there were no new residency applications for fixed assets purchases in 2013 while all of the 7 already approved cases were lodged before 4 April 2007. Currently, there are still 2 remaining cases being processed as the identity and education qualifications need to be verified. Please read at attachment!
