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Hong Kong
New Capital Investment Extrant Scheme
ABOUT HONG KONG
Hong Kong serves as a central trade gateway between southern China, Southeast Asia, and the global marketplace, capitalizing on its advantageous position since the early 1900s. Today, it remains a vital global center for finance and international trade, with an exceptional judicial system, low tax rates, and a favorable business environment that have earned it recognition as one of the world’s freest economies. As a conduit between mainland China and the international community, Hong Kong seizes opportunities from the mainland’s economic growth while developing a world-class Greater Bay Area, contributing to China’s regional development. Hong Kong’s unique blend of Eastern and Western cultures, outstanding education system, and comprehensive healthcare infrastructure make it an ideal immigration destination in Asia and a preferred place for many overseas individuals to settle.
After obtaining a Hong Kong passport, passport holders can enjoy convenient entry and exit - Hong Kong passports can be used visa-free in 172 countries, achieving global access. At present, there are several ways to apply for Hong Kong residence, including the "New Capital Investor Entrance Scheme" officially launched on March 1, 2024. The plan is a series of strategies launched by the Hong Kong government to attract foreign capital in response to the development of Hong Kong's asset and wealth management industry. According to the plan regulations, investors need to invest HK$30 million to obtain permitted investment assets to apply for residence qualifications. In addition, for people coming to settle in Hong Kong, other Hong Kong settlement plans - such as "Top Talent Pass Scheme", "Admission Scheme for Mainland Talents and Professionals", "Quality Migrant Admission Scheme" and so on are also options that can be considered. We can assess your family’s circumstances and recommend the most suitable solution.
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PROGRAM FEATURES
Diversified Choices
A broad range of investment types can be selected
Easy Pathway
No requirement on language, education or management experience
For Entire Family
Spouse and children can be included
Fast Processing Time
Obtaining the visa in 4-6 months
Favorable Tax Regimes
No taxation on wealth, gift, inheritance, capital gain & foreign incomes
Unconditional Stay
Apply after 7 years
Unconditional stay visa options
Free education
Children can enjoy free education in Hong Kong
Visa-Free Travel
HK Passport offers Visa-free travel to 172 countries incl. Japan, Korea, Singapore, the Schengen Area & the United Kingdom
PROGRAM REQUIREMENTS
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Main applicant must be at least 18 years old
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Main applicant must be foreign nationals/ Chinese nationals who have obtained permanent resident status in a foreign country/Macao Special Administrative Region residents/ Chinese residents of Taiwan
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Hold a minimum net assets of HK$ 30 million throughout the two years preceding the application submission
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Have a clean criminal record and no adverse immigration record
ELIGIBLE DEPENDENTS
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Spouse of the main applicant
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Dependent children under the age of 18
INVESTMENT OPTIONS
Applicant is required make an investment of a minimum of HK$30 million combining in the following two parts of investments:
1/ Permissible financial assets & non-residential real estate – HK$27 Million
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Permissible Financial assets: stocks, bonds, certificates of deposit, subordinated debt, qualified collective investment schemes, limited partnership funds of companies listed on the Hong Kong Stock Exchange traded in Hong Kong dollars or RMB
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Non-Residential Real Estate: Acquire non-residential real estate with a value of HK$ 10 million will be counted
2/ New CIES Investment Portfolio – HK$3 Million
*Please note that the above prices are not inclusive of miscellaneous government fees and a legal management fee calculated on a case-by-case basis. Prices are subject to change based on government regulations. Please contact one of our advisors for a personalized quote.
APPLICATION PROCESS
1 | Preliminary Consultation
Begin with an initial consultation with Chaucer Team to assess your background and immigration goal.
2 | Signing a Service Agreement
Signing the service agreement with Chaucer Team and to complete the onboarding process.
3 | Document Preparation
Our team will assist the applicant to prepare all the documents and application forms required for the CIES application.
4 | Net Asset Verification
Engage a Certified Public Accountant to conduct a net asset assessment and obtain verification from the New CIES Office.
5 | Entry Application – Approval-in-Principle
Submit an entry application to the Director of Immigration, including certified proof of meeting the net asset requirement issued by the New CIES Office. Upon completing an immigration assessment, an entry permit will be issued for making investments, valid for up to 180 days.
6 | Assessment on Portfolio Maintenance Requirements
Once the HK$ 30 millions investment has been made, Chaucer Team will complete the Application for Assessment on Investment Requirements to demonstrate his fulfillment of the Investment Requirements.
7 | Entry Application – Formal Approval
A Formal Approval will be granted once New CIES’s offices verified the Investments and other criteria are also met. Permission to stay in Hong Kong will normally be granted to the applicant and dependants for up to 24 months.
8 | Extension of Stay
Applicants must demonstrate the fulfillment of portfolio maintenance requirement and apply to the Immigration Department for an extension of stay of no more than three years upon expiration of their limit of stay.
9 | Permanent Residence / Unconditional Stay
After the applicant and his/her dependants have been ordinarily residing in Hong Kong for not less than seven years continuously, they may apply for permanent residence . Alternatively, they may apply for unconditional stay in Hong Kong after they have met the investment management requirements of this scheme for seven years.
CONTACT YOUR ADVISORS
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