Deficit-hit Hong Kong hikes work visa fees as much as 8-fold
HONG KONG — The Hong Kong government has sharply raised fees for work visas amid a sustained fiscal deficit, underscoring a shift from the generous, low-tax business environment it used to provide. Under the new two-tiered schedule, individuals seeking to stay more than 180 days are required to pay 1,900 Hong Kong dollars ($242) — a HK$600…