UK Disappointed By Beijing BNO Stance
Britain's foreign ministry says it is disappointed, but not surprised, by Beijing's decision not to recognise the British National (Overseas), or BNO, passport. Beijing made the move in response to the UK's opening from Sunday of a special visa scheme linked to the BNO.
"I am immensely proud that we have brought in this new route for Hong Kong BNOs to live, work and make their home in our country," UK prime minister Boris Johnson said.
The scheme was set up after Beijing imposed its version of a national security law in Hong Kong last July, which the UK said violated Hong Kong's high degree of autonomy and was a breach of the Sino-British Joint Declaration. The UK then offered, what it called, a pathway to citizenship to Hong Kong residents who have BNO status.
Beijing said the national security law was needed to bring months of anti-government protests to an end. In 2003, Hong Kong had tried to bring in a national security law by itself, as specified in Article 23 of the Basic Law, but it backed down after a huge demonstration.
BNO holders, though, will still technically not get right of abode in the UK, as they will still be subject to a UK visa. However, the visa - which is for five years - lets the holder live and work in the UK without recourse to public funds. After five years, the holder can then apply for a type of permanent residency, which lasts a year. After the full six years are up, the holder can apply for full UK citizenship.
Before the BNO visa was announced, the BNO passport used to just offer the holder the right to visit the UK for six months and UK consular protection, outside China. As the Hong Kong SAR passport became more widely accepted, many let their BNO passports expire. However, those who did, still have their BNO status registered with the British authorities and can still apply for the BNO visa.
Also the UK has said a physical BNO passport is not needed for a BNO visa and that Hong Kong residents with BNO status can use their Hong Kong SAR passports and still get the BNO visa.
At the moment, China's move is largely symbolic as Hong Kong residents with BNOs are nearly all Chinese citizens, who would not normally use their BNO passports to travel to the mainland or overseas. In the case of the former, they have special identity cards issued by the mainland government, known as return homeland passes. For overseas travel, the Hong Kong SAR passport has wider recognition than the BNO passport and is cheaper.
Nevertheless, China says it retains the right to take further action. In Hong Kong, there has been talk of a potential public office ban for BNO holders, and even the loss of SAR residency rights. China believes the BNO visa undermines its sovereignty and, at a press conference in Beijing on Friday, it scorned the move.
"Britain is trying to turn large numbers of Hong Kong people into second-class British citizens. This has completely changed the original nature of BNO," Chinese foreign ministry spokesman Zhao Lijian told a briefing.
On Saturday, writing on her blog, the Hong Kong justice secretary Teresa Cheng backed Beijing's stance. She said the 1984 Sino-British Joint Declaration had no clause that provided for British rights, or obligations, to Hong Kong after the handover.
The 250 pound (US$340) visa could attract more than 300,000 people and their dependants to Britain and generate up to 2.9 billion pounds of net benefit to the British economy over the next five years, according to UK government forecasts.
It is still highly uncertain how many people will actually take up the offer. (With additional reporting from Reuters)
______________________________
Last updated: 2021-01-30 HKT 12:12
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more