What are the visa & residency requirements in Macau?

"To apply for a visa to Macau, applicants must submit a valid passport, a completed visa application form, a recent passport-sized photograph, and proof of sufficient funds to cover the duration of the stay. Depending on the purpose of the visit, additional documents may be required. To apply for residency in Macau, applicants must submit a valid passport, a completed application form, a recent passport-sized photograph, proof of sufficient funds to cover the duration of the stay, and proof of employment or other legal source of income. Depending on the purpose of the residency, additional documents may be required," remarked another expat in Macau.