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We pride ourselves on having a long-term business relationship with our business partners.It aims to enable some eligible persons to obtain opportunities to emigrate through Hong Kong through capital investment.
The scheme enables eligible individuals migrate Hong Kong by investing not less than HKD10 million in Permissible Investment Assets. The entrants and their dependents (i.e. spouses and unmarried children under the age of 18) may apply to become permanent residents of Hong Kong after fulfilling the Portfolio Maintenance Requirements and living in Hong Kong for seven consecutive years.
The Government of the Hong Kong SAR has suspended applications for this scheme from January 15, 2015 until further notice.
Eligible Criteria
Aged over 18.
Have net assets over HKD10,000,000 in the past two years.
Invest not less than HKD10,000,000 in Permissible Investment Assets.
No adverse record.
Able to support the migrant and his dependents living in Hong Kong.
The scheme is applicable to:
• Foreign nationals (except Afghanistan, Cuba and North Korea)
• Macao SAR residents
• Chinese nationals with permanent resident status in a foreign country
• Stateless persons with permanent resident status in a foreign country
• Taiwan residents
Specified Financial Assets (denominated in HK dollar)
• Stocks
• Bonds
• Certificates of Deposits (must first obtained Approval-in-Principle)
• Eligible Collective Investment Schemes
• No need to top up
• Cannot withdraw capital gains
• Can switch between Permissible Invest Assets
• Continuously for seven years
Harris Fraser works with service providers across different regions and sectors to identify your needs, help you gain access to suitable financial products and implement personalised solutions for you.
Qualified applicant lodges an application with the Immigration Department and submits the necessary documents.
Immigration Department grants Approval-in-Principal after about 6-8 months.
Open designated account with Mason Securities Limited.
Invest within six months after the granting of Approval-in-Principal by the Immigration Department, not less than HKD10 million in permissible investment asset classes.
PC Securities Limited submit to the Immigration Department documental proof of applicant´s investment in the designated account, and lodge with the Immigration Department declaration by the applicant.
Immigration Department grants Formal Approval after about 2 months.
Apply for the Hong Kong identity card to become a Hong Kong resident.
Confirm to the Immigration Department composition of designated account at each relevant anniversary, until applicant is eligible to apply for permanent resident status.
Scheme suspended for new application from 15 January 2015 by The Government of the Hong Kong SAR.
Contact us for a more prosperous future.