The HK$5,000 consumption vouchers that the government announced for all Hong Kong permanent residents seem to be no. 1 conversation topic in the city right now? Which service provider will you use to receive the vouchers? Have you signed up for the vouchers? What will you spend the money on? If you’re still undecided, here’s what you need to know to get the vouchers!
All Hong Kong permanent residents, newly-arrived migrants from mainland China, and people sponsored by a Hong Kong permanent resident are eligible to apply. However, there’s a resident requirement! If you have been outside of Hong Kong for 24 months continuously before June 18, you will be ineligible for the vouchers, unless it was for studying or medical purposes.
The registration period has begun, and will last six weeks until August 14, 2021! Mark it on your calendar and register online here: consumptionvoucher.gov.hk/. But before you register, you will have to decide on which electronic payments providers to receive the vouchers: Octopus, Tap & Go, Alipay HK, and WeChat Pay HK.
The biggest differences between the providers are the validity period and maximum amount received. For Octopus, you will receive the first HK$4,000 in two installments, but you can only receive the remaining HK$1,000 after using up the HK$4,000. The first HK$4,000 will be valid for seven months.
For Tap & Go, Alipay HK, and WeChat Pay HK, the entire HK$5,000 will be given out in two installments. The first HK$2,000 has a five month validity, while the second HK$3,000 has a three month validity. That means you can choose to wait until after the second installment to spend all HK$5,000 in one go.
To receive the first installment by August 1, remember to register for the vouchers on or before July 17. For those who register after, you will receive your first vouchers on September 1.
The vouchers are designed to boost local consumption — you will not be able to use them on bills, as well as online merchants overseas.
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