In the first half-year of 2011, a total of 220 applications for temporary residency for managerial personnel, technical and professional qualification holders were received by the Macao Trade and Investment Promotion Institute (IPIM) (a decrease of 7 compared with the same period last year), 33 applications for major investment and major investment plans (an increase of 26 compared with the same period last year), representing 87% and 13% of the total of 253 new applications in the first half-year of 2011. Approved cases for managerial personnel, technical and professional qualification holders amounted to 225 (a decrease of 85 compared with the same period last year), approved applications for major investment and major investment plans totalled 5 (a decrease of 4 compared with the same period 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 during the first half-year of 2011 for fixed assets purchases while all of the 21 already approved cases were lodged before 4 April 2007. Statistics of Investment Residency Applications and the Cases and Number of Beneficiaries in the First Half-Year of 2011
(* please find the attachment) For further enquiries on the residency application guidelines, please contact IPIM by visiting the website: www.ipim.gov.mo, email: gjfr@ipim.gov.mo, tel: 28712055 or fax: 28713950. Applicants may also visit the website and enquire about the progress of their residency application status online.
