In the first half-year of 2012, a total of 311 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 91 compared with the same period last year), 54 applications for major investment and major investment plans (an increase of 21 compared with the same period last year), representing 85% and 15% of the total of 365 new applications in the first half-year of 2012. Approved cases for managerial personnel, technical and professional qualification holders amounted to 192 (a decrease of 33 compared with the same period last year), approved applications for major investment and major investment plans totalled 6 (an increase of 1 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 2012 for fixed assets purchases while all of the 16 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 2012

(* Please find the attached file)

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.