Macao is considering setting up short-term visas for technology innovation teams from Portugal and Brazil, according to a public consultation document, Development Plan for Appropriate Economic Diversification of the Macao SAR (2024-2028), released on the 4th of August by the authorities.
“We will study the authorization of an appropriate short-term stay (business visa or entrepreneurship visa) for technological innovation teams from abroad (including Brazil and Portugal) to set up businesses in Macau and Hengqin, facilitating them to seek local and Mainland China partnerships,” the document reads.
A strategy is in line with the desire to move towards “a selection of the best technological innovation teams from Brazil and Portugal, attracting them to settle in Macau and Hengqin, or to cooperate with teams from cities in the Greater Bay Area”, but also by extending an innovation and entrepreneurship contest to these two countries.
The public consultation will run for 30 days, until the 2nd of September.
(Source: Notícias ao Minutos)