Are you looking to obtain Hong Kong permanent residency as a foreign investor? With recent modifications to the New Capital Investment Entrant Scheme (New CIES), Hong Kong has made it easier for investors to apply for permanent residence. The required holding period for investment funds has been reduced from two years to six months, allowing for a faster path to residency.
This guide provides all the essential details on eligibility, investment requirements, and the step-by-step application process.
Overview of Hong Kong’s New Capital Investment Entrant Scheme
| Criteria | Details |
|---|---|
| Minimum Investment | HK$30 million (approx. Rs 1.12 Crore or US$128,586) |
| Eligible Investments | Stocks, ETFs, bonds (Real estate is not allowed) |
| Holding Period | 6 months (reduced from 2 years) |
| Eligibility | Foreign investors with the required net assets |
| Application Process | Must meet net asset requirements before entry application |
| Dependents | Spouses & unmarried children under 18 can accompany the investor |
| Residency Path | Eligible for Hong Kong permanent residency after 7 years of continuous stay |
Key Changes in the New Capital Investment Entrant Scheme
1. Reduced Holding Period
Previously, foreign investors had to maintain their capital holdings for two years. The revised rules now require only six months, making the scheme more accessible and flexible.
2. Enhanced Net Asset Requirement
- Investors must demonstrate a net worth of at least HK$30 million for six months before application.
- Jointly owned assets with family members can also be counted.
3. Private Company Investments Allowed
Foreigners can now hold their investments through a private company incorporated or registered in Hong Kong. This change aligns with Hong Kong’s goal of becoming a global financial hub.
4. Dependents Can Apply
Successful applicants can bring their spouse and unmarried dependent children (under 18) to Hong Kong. Dependents receive an initial two-year residency, which can be extended in three-year increments.
5. Pathway to Permanent Residency
After seven years of continuous ordinary residence in Hong Kong, investors and their dependents can apply for permanent residency under Hong Kong law.
Step-by-Step Guide to Applying for Hong Kong Permanent Residency
Step 1: Confirm Net Asset Requirement
Before applying, the investor must contact the New CIES Office to confirm that they meet the HK$30 million net asset requirement.
Step 2: Obtain Certification
Once the New CIES Office verifies the investor’s assets, they issue a certification document and inform the Director of Immigration.
Step 3: Submit Entry Application
Investors must then apply for an entry visa/permit under the scheme through the Hong Kong Immigration Department.
Step 4: Make the Investment
Upon receiving approval, the applicant must invest at least HK$30 million in eligible investment assets.
Step 5: Maintain Investment for 6 Months
The investor must hold the investment for at least six months before proceeding with further residency requirements.
Step 6: Apply for Residency Extensions & Permanent Residency
- The investor receives an initial two-year residency permit.
- They can extend their stay for three-year periods.
- After seven years of continuous residence, they can apply for Hong Kong permanent residency.
Important Considerations Before Applying
✅ Investment Restrictions: Real estate investments are not allowed under this scheme.
✅ Processing Time: Applications undergo strict scrutiny, and the entire process may take several months.
✅ Regulatory Compliance: The Hong Kong Immigration Department manages all entry, extension, and permanent residency applications.
✅ Legal Assistance: Consulting with legal or financial advisors can help ensure compliance with all requirements.
Why Choose Hong Kong for Investment Residency?
🌏 Global Financial Hub: Access to one of the world’s most dynamic financial markets.
💼 Business-Friendly Policies: Hong Kong has a low-tax environment and a well-regulated financial system.
🚀 Gateway to China: Strategic location offering access to mainland China and Asia-Pacific markets.
🏡 Quality of Life: High standard of living, excellent infrastructure, and international education opportunities.
The Hong Kong permanent residency program under the New Capital Investment Entrant Scheme is a great opportunity for foreign investors seeking global mobility. With a minimum investment of HK$30 million, a six-month holding period, and a pathway to permanent residency, this scheme is attracting high-net-worth individuals worldwide.
If you’re considering relocating to Hong Kong, ensure you meet all financial and legal requirements before applying. Start your journey today and explore the vast investment potential Hong Kong offers!
FAQs
1. Can I invest in real estate under this scheme?
No, real estate investments are not allowed. Investors must allocate funds to stocks, ETFs, or bonds.
2. How long must I maintain my investment?
A minimum of six months, down from the previous two-year requirement.
3. Can I bring my family to Hong Kong under this scheme?
Yes, spouses and unmarried dependent children under 18 can accompany the investor.
4. What happens after the initial two-year stay?
You can apply for a three-year extension and continue extending until you reach seven years to qualify for permanent residency.
5. How does Hong Kong compare to other investment residency programs?
Hong Kong offers a low-tax business environment, a strong financial market, and global connectivity, making it a top choice for investors worldwide.
