Capital Investment Entrant Scheme
Introduction
The Capital Investment Entrant Scheme (the "Scheme") was launched by the Immigration Department of the Government of the Hong Kong Special Administrative Region (the "Immigration Department") on 27 October 2003 to facilitate the entry for residence by capital investment entrants, i.e. investors who make capital investment in Hong Kong but would not be engaged in the running of any business here. With a wealth of expertise and experience, CPY helps the Scheme applicants to tailor-make investment portfolios that fulfill the Scheme requirements with specified financial assets, such as equities, debt securities and eligible collective investment schemes.
Scope and eligible criteria of the Scheme
The Scheme is generally applicable to:
    * Foreign nationals (except nationals of Afghanistan, Albania, Cuba and Democratic People's Republic of Korea);
    * Macau Special Administration Region (SAR) residents;
    * Chinese nationals with permanent resident status in a foreign country;
    * Stateless persons with permanent resident status in a foreign country with proven re- entry facilities;and
    * Taiwan residents.
In addition, applicants should:
    * Be aged 18 or above when lodging an application for Approval-in-Principal or Formal Approval under the Scheme;
    * Have net assets or net equity of not less than HK$10 million to which he/she is absolutely beneficially entitled throughout the two years preceding his/her application;
    * Have invested during the six months before the submission of his/her application of Formal Approval to the Immigration Department, or invests within and thereafter throughout the period beginning six months before lodging his/her application for Approval-in-Principal and ending six months after Approval-in-Principal has been granted, or have invested within six months after the granting of Approval-in-Principal by the Immigration Department, not less than HK$10 million in permissible investment asset classes (except Certificates of Deposit which must be invested within the latter period);
    *Have no adverse record both in Hong Kong and his/her country/region of residence;
    * Be able to demonstrate that he/she is capable of supporting and accommodating him/herself and dependents, if any, on his/her own without relying on any return on the permissible investment assets, employment or public assistance in Hong Kong.
FAQ
  1. How do Chinese citizens apply for the Scheme?
    As the Scheme does not cover Chinese citizens, applicants should obtain permanent resident status in a foreign country before applying for the Scheme.
  2. Is the applicant allowed to bring in their dependants under the Scheme?
    The applicant may be allowed to bring in their dependants (i.e. spouse and unmarried dependent children under 18 years of age) provided that the applicant is capable of supporting and accommodating his/her dependants on his/her own without relying on any return on the permissible investment assets, employment or public assistance in Hong Kong.
  3. Will the applicant automatically become a permanent resident of Hong Kong after seven years?
    The applicant is still required to apply to become a permanent resident of Hong Kong after a period of continuous ordinary residence in Hong Kong of not less than seven years.
  4. (a)Is the applicant allowed to withdraw any capital gain from the permissible investment asset classes under the Scheme?
    (b)Alternatively, is it necessary to top up the value of permissible investment asset classes under the Scheme if the value falls below the requisite minimum level of the Scheme?

    (a)The applicant is not allowed to withdraw any capital gain from his/her investment if its market value rises above the requisite level, but Cash dividend income and interest income derived from permissible financial assets can be retained by the applicant at anytime.
    (b)The applicant is not required to top up the value of his/her investment in any asset classes should the value of his/her total investment under the Scheme fall below the requisite minimum level of HK$10 million.
  5. Is the applicant allowed to switch between permissible investment asset classes under the Scheme?
    The applicant is free to switch investments from one permissible asset class to another, provided that the entire proceeds from the sale of the initial assets are reinvested. He/She should keep a record of every change to his/her investment portfolio for the purpose of applying for an extension of stay in Hong Kong.
  6. How many account(s) under the Scheme can be opened by an applicant with any financial intermediary in Hong Kong?
    The applicant is only allowed to open a single designated account under the Scheme with any financial intermediary in Hong Kong.

The information shown may be subject to change by the Immigration Department.

For more information, please visit the Immigration Department's website www.immd.gov.hk , or contact our Customer Service Hotline on (852) 2166 3888

Risk Disclosure
CPY does not warrant or give any representation as to the accuracy of the details contained herein in respect of the Hong Kong Special Administrative Region Capital Investment Entrant Scheme (the "Scheme"). CPY does not provide any guarantees or assurances with respect to the Scheme's application process or the ultimate success of the applicant's immigration application, which is solely a matter for the Immigration Department of the Government of Hong Kong Special Administrative Region.

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