Hong Kong, China - New Capital Investment Entrant Scheme (New CIES)
Hong Kong, China -
New Capital Investment Entrant Scheme (New CIES)
The Government of Hong Kong SAR announced the New Capital Investment Entrant Scheme (“New CIES”) in March 2024. The New CIES seeks to further enrich the talent pool and attract more new capital to Hong Kong. This will strengthen the development of our asset and wealth management business, financial services and related professional services. The New CIES does not apply to nationals of Afghanistan, Cuba and North Korea.
Benefits
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No qualification and language requirement
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No need to be employed or set up a company in Hong Kong
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Can bring spouse and unmarried dependent children under the age of 18
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No residency requirement
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Can apply for Permanent Residents or unconditional of stay
Requirements
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at least 18 years old
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no criminal records or adverse immigration records
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Can prove possession of a minimum net asset of HK$30 million in the two years prior to the application submission.
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A minimum investment of HK$30 million into qualified investment for 7 years
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If the applicant is a Chinese national, they must also hold permanent residency in a foreign country.
Procedure
Step 1: Retain Anlex Consultants to assess and prepare your application
Step 2: Submit your application to the New CIES Office
Step 3: Receive Confirmation from New CIES Office
Step 4: Submit application to Immigration Department
Step 5: Receive the Approval-in-principal
Step 6: Make your investment
Step 7: Submit your Investment Report to New CIES Office
Step 8: Receive Official Approval from CIES Office
Step 9: Submit your Official Approval to Immigration Department for Official Entry Permit
Step 10: Obtain Hong Kong Identity Card