Hong Kong has restarted the investment immigration scheme, and the details of the "New Capital Investment Entrant Scheme" are released today, highlighting the key points:

1. The total investment amount is 3000 Hong Kong dollars
2. Chinese citizenship requires a third-country green card (PR) and no bad record
3. In the two years before application, proof of personal net worth of not less than HK$3000 (global assets are recognized)
4. Of these, 300 must be invested in science and technology innovation and other key industries
5. The remaining 27 million invested in stocks, funds, bonds, etc
6. Of the 27 million, up to 10 million are invested in non-residential real estate
7. Renewal is 2+3+3
8. Applications will be accepted as soon as mid-2024

On December 19, the Hong Kong government announced the details of the "New Capital Investment Entrant Scheme", including the eligibility criteria, permitted investment assets, investment management requirements, requirements for applying for the right of abode, and the "exemption and levy later" arrangement for foreign home ownership stamp duty.

The Government announced in the Policy Address that the minimum investment threshold for the New Capital Investment Entrant Scheme is HK$30 million, and today further announced that applicants must invest at least HK$27 million in permitted financial assets and non-residential real estate. and investing HK$300 in the new Capital Investment Entrant Scheme Portfolio to support the development of the innovation and technology industry and other key industries. For details, please refer to the overview chart below.

The New Capital Investment Entrant Scheme is one of the eight major policy initiatives for the development of family offices, attracting asset owners to settle and develop in Hong Kong, and explore diverse investment opportunities in Hong Kong through wealth allocation and management. The new scheme will help enhance the development advantages of Hong Kong's asset and wealth management, finance and related professional sectors, and bring more business opportunities and high-quality employment opportunities to all aspects of the industry's service chain.