New Capital Investment Entrant Scheme- Free Application Services* ︱Enjoy up to HKD 100,000 Referral

Age

ž The Applicant/Entrant is aged 18 or above at the time of applying for Net Asset Assessment.

Scope of the Scheme 

• žForeign nationals (Afghanistan, Cuba, and Democratic People’s Republic of Korea are excluded), Macao Special Administrative Region residents, Chinese nationals who have obtained permanent resident status in a foreign country and Chinese residents of Taiwan.

Net Assets [ Enhancement Measures with effect from 1 March 2025]

• žThe Applicant/Entrant must demonstrate that he/she is absolutely beneficially entitled to Net assets of not less than HK$30 million Net (or equivalent in foreign currencies) throughout the SIX months preceding the application for Net Asset Assessment (the respective portion of jointly-owned assets with family member(s) which is absolutely beneficially entitled to the applicant can also be taken into account) to fulfill the Net Asset Requirement.

Investment in Permissible investment assets

• žThe Applicant/Entrant must make investment of a minimum of HK$30 million Net (or equivalent in foreign currencies) in the Permissible investment assets within a specified timeframe to fulfill the Investment Requirements.

No adverse record

• žThe Applicant/Entrant must have no adverse immigration record and meet normal immigration and security requirements.

Capability of supporting and accommodating

• žThe Applicant/Entrant must demonstrate the capability of supporting and accommodating himself/herself and his/her dependents^. (^Applicant’s spouse, the other party to a same-sex civil partnership, same-sex civil union, “same-sex marriage”, opposite-sex civil partnership or opposite-sex civil union entered into by him/her in accordance with the local law in force of the place of celebration and with such status being legally and officially recognized by the local authorities of the place of celebration or unmarried.) ž

• The Applicant/Entrant must make investment of a minimum of HK$30 million Net (or equivalent in foreign currencies) in the Permissible investment assets. Assets acquired before the launch date of the Scheme shall not be counted towards the fulfillment of minimum investment threshold.

• The Applicant/Entrant must invest a minimum of HK$27 million in any of the Permissible financial assets and/or real estate. 

• žPlace HKD 3 million into a new CIES IP, which is an investment portfolio managed by the Hong Kong Investment Corporation Limited (“HKIC”). It will primarily invest in companies/ projects with a Hong Kong nexus, with a view to supporting the development of innovation and technology industries and other strategic industries that are beneficial to the long-term development of Hong Kong’s economy. 

^ The HK$3 million placed into the CIES IP will be subject to a lock-up period. After expiry of the applicable lock-up period, and the invested amount may be withdrawn by or distributed to the Applicant/Entrant subject to the terms of the CIES IP, however the exact timing of withdrawal or distribution may depend on market liquidity and strategy of fund

managers to realise underlying investments of the CIES IP (which may be subject to factors beyond the control of the CIES IP).

The Applicant/Entrant must deposit his Permissible financial assets into designated account(s) operated by eligible financial intermediary(ies), use the designated account(s) exclusively for the transaction of Permissible financial assets and must not reduce the committed investment while permitted to stay in Hong Kong.

The designated account(s) must be held:

•in the own name of the applicant; or

•in the name of a Holding Company, which fulfills all of the following conditions during the six months preceding the date the applicant lodged his/her application for assessment on Investment Requirements, and during the entire period of which the applicant is permitted to stay in Hong Kong (wherever applicable) -

a. incorporated or registered in Hong Kong;

b. wholly owned by the applicant;

c. only holds Permissible investment assets;

d. in the form of Family-owned Investment Holding Vehicle (FIHV), or Family-owned Special Purpose Entity under an FIHV, where the FIHV has at least two full-time employees in Hong Kong and incurs at least HK$2 million operating expenditure annually in Hong Kong to carry out the activities of FIHV 6; 

and

e. managed by an Eligible Single Family Office of applicant’s family which manages assets specified under Schedule 16C to the Inland Revenue Ordinance (Cap. 112) for the FIHV(s) of the family with an aggregate Net asset value of not less than HK$240 million.

• The Applicant/Entrant who is granted “Approval- in- Principal” from the Director of Immigration (“DoI”) will be issued with a visa/ entry permit for entering and remaining in Hong Kong on visitor status for not more than 180 days. 

• Afterwards, upon obtaining of “Formal Approval”, under normal circumstances, the Applicant/ Entrant and his dependents, where any, will be granted permission to stay for not more than 24 months on time limitation only, subject to the condition that the Applicant/ Entrant continues to satisfy the requirements of the Scheme throughout this period. 

•  Further extensions for not more than three years will normally be granted on the same conditions and on the same basis upon subsequent successful applications for extension of stay. 

ž 

• An Entrant and his dependents may apply to become permanent residents of Hong Kong after a period of continuous ordinary residence in Hong Kong of not less than seven years and subject to any other relevant requirements under the Immigration Ordinance. Entrants of Chinese nationality who are permanent residents holding valid permanent identity cards may apply for Hong Kong Special Administrative Region passports.