It has also acted as a catalyst, encouraging other

countries to implement various insurance schemes specifically for Hong Kong people, (most recently US Immigration Bill which enabled Hong Kong people to defer

using visa until after 1997).

- In short, the scheme has already done its part in

restoring local confidence.

SHORT FALL WOULD MEAN GIVING PASSPORTS TO PEOPLE WHO ARE NOT

"KEY"

-

Not so.

Hong Kong Government (HKG) are confident that the scheme will provide for the people targetted. Experience with the applications already received supports this

assessment.

- As the points system is totally transparent, potential

applicants are able to assess their own scores in advance.

HKG believe that one of the reasons why the number of

applicants is not greater is that only those who feel sure that they have a reasonable chance of success have applied.

Conversely, people who are not demonstrably "key" do not

seem to be applying.

SHORT FALL OF APPLICATIONS WOULD HAVE FINANCIAL

IMPLICATIONS?

-

HKG estimate that they would break even with 33,000

applications and believe that the chances of not reaching that figure are very slight. If necessary, they would adjust their staff resources.

MTHATO/2

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