New Capital Investment Entrant Scheme of Hong Kong
Explore the vibrant tapestry of Hong Kong, acclaimed as Asia’s World City, where 24-hour trading seamlessly interacts with the globe’s most influential financial hubs. With its sophisticated financial infrastructure, thriving innovation and technology ecosystem, and an unrivalled pool of talent, this energetic metropolis empowers investors to seize opportunities within the world’s fastest-growing region. Strategically situated in the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong serves as an ideal bridge between the East and West, with unique cultural ties to the Mainland.
The New Capital Investment Entrant Scheme (the Scheme), launched on 1 March 2024, aims to attract asset owners to settle in the city and explore its diverse investment opportunities through wealth allocation and management. The New Capital Investment Entrant Scheme Office (“New CIES Office”) under Invest Hong Kong is responsible for assessing the financial assets and investments of the Scheme applicants/entrants and monitoring their continuous compliance with the Investment Requirements and Portfolio Maintenance Requirements. The Immigration Department is responsible for assessing applications for visas/entry permits, extension of stay, and unconditional stay pursuant to the Scheme.
The Immigration Department and Invest Hong Kong have pledged to collaborate closely to enhance Hong Kong’s business environment under the new scheme.
Individuals who apply to enter or remain in Hong Kong pursuant to the Scheme are subject to the Rules for the New Capital Investment Entrant Scheme.
The Immigration Department has announced the approval of the first batch of visa applications under the Scheme.
As of 30 June 2024, the Scheme garnered 339 applications and over 3,700 enquiries. Three applicants, who invested $30 million each, had their applications approved. Additionally, 88 applications received conditional approval, granting 180-day visitor visas to the applicants.
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