What are the visa & residency requirements in Macao?

"To obtain a visa to enter Macao, applicants need to provide a valid passport, completed application form, passport photo, proof of travel insurance, passport-type photos, and proof of financial resources. Proof of hotel reservation made in Macao and an invitation letter from an organization or an individual in Macao might also be required. For certain visa categories, additional documents might be needed. After submitting all required documents, the visa may be granted once the application is approved. In order to apply for residency in Macao, one has to submit certain documents to the Immigration Service of Macao. First, the individual needs to submit a valid passport and other related documents, such as a marriage certificate or documents proving family relations. The applicant may also have to submit proof of financial resources and proof of residency. Once this documentation is verified and approved, the individual may be granted residency status by the Macao Government," mentioned another expat when asked about moving to Macao, China.