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Applications for New Capital Investment Entrant Scheme are now open

Applications for New Capital Investment Entrant Scheme are now open

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An eligible applicant must make an investment of a minimum of HK$30mn in the permissible investment assets.

The new Capital Investment Entrant Scheme (the Scheme) has been open for application from 1 March 2024.

An eligible applicant must make an investment of a minimum of HK$30 million in the permissible investment assets. Assets acquired before the launch date of the Scheme shall not be counted towards the fulfilment of the minimum investment threshold.

An applicant must demonstrate that he has no adverse immigration record and meets normal immigration and security requirements

A successful applicant may bring dependants (including spouses and unmarried dependent children aged under 18) to Hong Kong. Permission to stay will normally be granted to them for two years. Upon expiry of the two-year period, they may apply for an extension of stay for three years, and may subsequently apply for further extensions of stay for three years. They may, upon a period of continuous ordinary residence in Hong Kong of not less than seven years, apply to become Hong Kong permanent residents in accordance with the law.

An applicant must be able to demonstrate to the Director of Immigration (Dol) that he/she is capable of supporting and accommodating himself/herself and his/her dependants, if any, on his/her own without relying on any return on the Permissible investment assets, employment, self-employment, office, business or public assistance in or carried on in Hong Kong as the case may be.

In addition, the entry of dependants will be subject to any other policy applicable to such entry at the time.

Invest Hong Kong is responsible for assessing whether the applications fulfil the financial requirements under the Scheme, and the Immigration Department is responsible for assessing the applications for visa/entry permits and extension of stay, etc.

Christopher Hui, Secretary for Financial Services and the Treasury, said 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.

Alpha Lau, Director-General of Investment Promotion, said the Government will continue to work diligently in promoting the Scheme to various business associations, international stakeholders and family offices. We will also collaborate closely with service providers and potential applicants in addressing enquiries and ensuring clarity.


ALSO READ: Hong Kong to launch new Capital Investment Entrant Scheme to beef up the talent pool

Photo / HKSAR Government Press Releases

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