HK rolls out Capital Investment Entrant Scheme
Applicants must invest a minimum of $30m in permissible assets.
The government has launched the Capital Investment Entrant Scheme, allowing investors to stay in Hong Kong and bring their spouses and unmarried dependent children under 18.
Applicants must invest a minimum of $30m in permissible assets to be eligible for the scheme.
Initially granted a two-year stay in the city, participants may subsequently apply for extensions of up to three years.
After maintaining a continuous ordinary residence for at least seven years, applicants may seek Hong Kong permanent residency as per legal provisions.
Christopher Hui, secretary for Financial Services and the Treasury, said numerous briefing sessions have been conducted for financial intermediaries, members of the Network of Family Office Service Providers, and international business associations, drawing significant attention from high-net-worth individuals worldwide, including those from the Middle East and Southeast Asia.
“An early launch of the scheme demonstrates the Government’s commitment to strengthening the development of asset and wealth management business, financial services, and related professional services as well as driving the high-quality development in Hong Kong,” said.