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HONG KONG VISA FOR CAPITAL INVESTMENT  www.hongkongvisahandbook.com
www.hongkongvisahandbook.com CIES OVERVIEW 1 10 million Hong Kong Dollars Into qualifying Hong Kong investment asset classes 2 Secure a 2 year period of stay extendable every 2 years for 7 years 3 4 Right of Abode or Unconditional Stay available after 7 years Invest hard cash in Hong Kong and secure residency permissions
www.hongkongvisahandbook.com KEY CONSIDERATIONS Family Legal spouse & unmarried children under 18 get dependant visas Eligibility Investment assets owned for 2 clear years prior; capable of self support 4 Investments Hong Kong financial  assets only (real estate  now excluded) Continuity HKD10 million portfolio must be maintained throughout
www.hongkongvisahandbook.com THE ORACLE Jake van der Kamp, Monitor, SCMP, October 1, 2004 “ Let us get it straight about this initiative to give foreigners Hong Kong identity cards if they bring a certain amount of money with them. It represents a complete misunderstanding of how our balance of payments system works. Foreigners who come here do not bring Hong Kong dollars. They do not have them at home. They bring their own currencies and we then exchange them for Hong Kong dollars. This results in our holding their foreign currency denominated money, which we then spend or invest in their countries… … Net gain to us? … Nothing. ”
www.hongkongvisahandbook.com ELIGIBLE INDIVIDUALS Qualifiying Nationalities	 ,[object Object]
Residents of Macau & Taiwan
Chinese nationals with PR overseas
Stateless people holding PR overseas with proven re-entry facilitiesFX issues preclude Mainland residents from inclusion in the programme

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Hong Kong Capital Investment Entrant Scheme Visa

  • 1. HONG KONG VISA FOR CAPITAL INVESTMENT www.hongkongvisahandbook.com
  • 2. www.hongkongvisahandbook.com CIES OVERVIEW 1 10 million Hong Kong Dollars Into qualifying Hong Kong investment asset classes 2 Secure a 2 year period of stay extendable every 2 years for 7 years 3 4 Right of Abode or Unconditional Stay available after 7 years Invest hard cash in Hong Kong and secure residency permissions
  • 3. www.hongkongvisahandbook.com KEY CONSIDERATIONS Family Legal spouse & unmarried children under 18 get dependant visas Eligibility Investment assets owned for 2 clear years prior; capable of self support 4 Investments Hong Kong financial assets only (real estate now excluded) Continuity HKD10 million portfolio must be maintained throughout
  • 4. www.hongkongvisahandbook.com THE ORACLE Jake van der Kamp, Monitor, SCMP, October 1, 2004 “ Let us get it straight about this initiative to give foreigners Hong Kong identity cards if they bring a certain amount of money with them. It represents a complete misunderstanding of how our balance of payments system works. Foreigners who come here do not bring Hong Kong dollars. They do not have them at home. They bring their own currencies and we then exchange them for Hong Kong dollars. This results in our holding their foreign currency denominated money, which we then spend or invest in their countries… … Net gain to us? … Nothing. ”
  • 5.
  • 8. Stateless people holding PR overseas with proven re-entry facilitiesFX issues preclude Mainland residents from inclusion in the programme
  • 9. www.hongkongvisahandbook.com ELIGIBILITY CRITERIA Amount 10 million Hong Kong Dollars Invest Within 6 Months In Permissable Investment Asset Classes (cash funds) Self Sufficient Over and above the HKD10 million investment Age Minimum 18 years of age to apply Ownership Proven 2 year prior beneficial interest No Adverse Record Either in Hong Kong or elsewhere Pathway to approval A visa programme for the very well heeled
  • 10. www.hongkongvisahandbook.com PERMISSABLE INVESTMENT ASSET CLASSES Eligible Funds As published by the HKID from time to time and authorised by SFC or Insurer Equities HKSE listed and HKD traded Debt Securites HKD denominated issued / guaranteed by HK Gov or HKSE listed companies Subordinated Debt Issued by Hong Kong banks in HKD under the Banking (Capital) Rules (Chapter 155L) HKD 10 M Combination A mixture of all Permissible Investment Asset Classes is allowed CoD Issued by HK banks for a minimum of 12 months
  • 11. www.hongkongvisahandbook.com APPROVAL OUTCOMES Has Invested in the 6 Months Immediately Prior to Application Submission Will Invest Within 6 Months of the Approval-in-Principle Being Granted Approval-in-Principle Visitor Visa for Max 6 Months Formal Approval Investment Made 2 year visa issued, landing anytime 2 years after issue 2 year extensions available if portfiolo maintained Right of Abode or Unconditional Stay after 7 years The CIES visa allows any lawful permitted activity in Hong Kong by the holder and his family