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

The new and revamped Capital Investment Entrant Scheme (New CIES) is launched and started accepting applications from 1 March 2024. Applicants are required to invest not less than HKD 30 million net in Permissible Investment Assets after 1 March 2024. The new approach of the permissible investment assets increases the attractiveness of the scheme as it would be conducive to the CIES applicants in executing cross-border and cross-boundary asset allocations via investing in those Hong Kong local funds, achieving their needs of both individuals and families financial planning or risk appetite on investment portfolio.

Promotion Leaflet

CIS- One of the Largest Qualified Securities Companies in Providing CIES Services︱ Offer All- round Investment Products & Platforms

CIS Group is firmly rooted in Hong Kong for over 20 years and is one of few full- licensed Hong Kong financial services institutions that holding licenses (Type 1, 2, 4,9) issued by SFC. The Group management has over 30 years of experience in the fields of capital market, wealth management, funds, securities, insurance, and bank etc.

Over the past decade or so, we have proactively developed a diversified all-in-one financial services platform, and endeavor to provide our high-net- worth clients and business partners in Hong Kong, China, and the Asia-Pacific region a reliable and holistic solutions on wealth management services, including securities, bond, fund, insurance, Open-ended Fund Companies (OFC) and Limited Partnership Fund (LPF), etc. Meanwhile, we are one of the largest licensed securities companies in providing the Capital Investment Entrant Scheme (CIES), dedicated to providing our clients the tailored, robust and strong growth potential asset allocation.

CIS International Services Limited (CIS International), one of the Group subsidiaries has over the years provided a one-stop services for their clients in applying Hong Kong migrant admission scheme and visa or identity, as well as the solution on long-term wealth planning. The professional team of CIS International provides a total solution service on asset allocation and long-term wealth management which can fulfill the client’s needs on CRS, living overseas, overseas development and foreign investment.

Historic Brand with Ample Experience

One of the largest licensed securities firms in providing the Capital Investment Entrant Scheme (CIES) services
Our professional team is with over a decade experience in handling the application of CIES, extension of stay, Unconditional Stay and Hong Kong permanent residence
With over 1,000+ CIES’s clients, maintain continuous services on residency and asset management
Existing AUM is over 10 billion

Holistic Services

Historic Brand with Ample Experience

Provide one-stop services that not only limited to residency
Our services cover securities, fund, bond, insurance, family office, trust, overseas migration, taxation, as well as all kind of investment and asset management
Fulfill client’s needs on robust and strong growth potential investment, to achieve global presence

Key Points of the Scheme

Eligibility Requirements

Age 18 or above
An applicant must apply for a New Asset Assessment: the applicant should demonstrate to the satisfaction of the Director- General of Investment Promotion of InvestHK (“DGIP”) that he has Net assets or Net equity to which he is absolutely beneficially entitled with a market value of not less than HKD 30 million Net (or equivalent in foreign currencies) throughout the two years preceding the date he lodged his application for Net Asset Assessment of the Scheme
Foreign 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
No adverse immigration record and meets normal immigration and security requirements

Permissible Investment Assets

Must invest a minimum of HKD 27 million in any of the Permissible financial assets
Place 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

Investment Requirements

Applicant must make the committed not less than HKD 30 million investment in Permissible investment assets within and thereafter throughout the period beginning on the launch date of the scheme or the 180th day before his application is lodged for Net Asset Assessment

Dependents Eligibility Criteria

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

Entry, Stay and Extension

Applicant 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
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

Portfolio Maintenance Requirements

No need to top up
Cannot withdraw capital gains
Can switch between Permissible Investment Assets
Must invest for seven consecutive years

Equities

Debt Securities

Must be traded or denominated in Hong Kong dollars or Renminbi and listed on the Stock Exchange of Hong Kong

Debt Securities

Must be traded or denominated in Hong Kong dollars or Renminbi and must be listed on the Stock Exchange of Hong Kong, or issued or guaranteed by Government of HKSAR, the Exchange Fund, or other specified entities or agencies wholly or partly owned by the Government or companies listed on the Stock Exchange of Hong Kong

Fund

Non- residential real estate

Funds authorized by SFC, Real Estate Investment Trust, Open-ended Fund Companies (OFC) and Limited Partnership Fund (LPF) (subject to an aggregate cap of HK$10 million)

Non- residential real estate

Non-residential real estate, whether commercial and/or industrial (including pre-completion properties covering offices, commercial premises, retail premises and factories and excluding land and multi-purpose real estate partly for residential purposes) in Hong Kong, subject to a cap of HK$10 million

Advantages of the Scheme

No age restriction and academic qualifications requirement which is more lenient than other immigration schemes
Just required to maintain continuous investment which is simpler than applying for extension of stay. And the number of days to stay and work in Hong Kong is not compulsory/ required
Hong Kong adopts a territorial source principle of taxation; the individual income tax is not higher than 15%. Individual investment and capital gains are not required to pay tax, and there is no sales tax, gift tax and estate tax in Hong Kong
In the new CIES, the investment scope of fund is expected to relax. The bottom investment ambit of the Open-ended Fund Companies (OFC) and Limited Partnership Fund (OFC) is not limited to the investment grade of Hong Kong and China, and there is no restriction on the investment grade of qualified fund, and the underlying investment can be from the products of any markets.