Hong Kong | Harris Fraser

Hong Kong

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The New Capital Investment Entrant Scheme (the Scheme) aims to attract asset owners to settle in Hong Kong and explore its diverse investment opportunities through wealth allocation and management.

The New Capital Investment Entrant Scheme Office ("New CIES Office") under Invest Hong Kong is responsible for assessing the financial assets and investment of the Scheme Applicants/Entrants as well as monitoring their continuous compliance of the Investment Requirements and Portfolio Maintenance Requirements, while Immigration Department is responsible for assessing applications for visa/entry permit, extension of stay and unconditional stay pursuant to the Scheme.

The New Capital Investment Entrant Scheme

Basic Requirement

  • Age - an Applicant is aged 18 or above at the time of applying for Net Asset Assessment.
  • Scope of the Scheme - an Applicant must fall into one of the following categories covered by the Scheme :
  • (i) foreign nationals;
  • (ii) Chinese nationals who have obtained permanent resident status in a foreign country;
  • (iii) Macao Special Administrative Region residents; and
  • (iv) Chinese residents of Taiwan;
  • Net Asset Requirement :-
  • Applicant must demonstrate to the satisfaction of Invest Hong Kong that they have absolutely and beneficially owned assets or capital of no less than HK$30 million throughout the 6-month period preceding the date of their net asset
Permitted Investment Assets

Debt Securities

  1. debt securities listed on the SEHK and traded in HKD or RMB (including debt instruments issued in Hong Kong by the Ministry of Finance of the People’s Republic of China and local people’s governments at any level in the Mainland);
  2. debt securities denominated in HKD or RMB, including fixed or floating rate instruments and convertible bonds 8 issued or fully guaranteed by:
  • the Hong Kong Special Administrative Region Government (“the Government”), the Exchange Fund, the Hong Kong Mortgage Corporation, the MTR Corporation Limited, Hong Kong Airport Authority, and other corporations, agencies or bodies wholly or partly owned by the Government as may be specified from time to time by the Government; or

  • listed companies referred to under paragraph 5.1(a) above;

Equities

Shares of companies that are listed on the Stock Exchange of Hong Kong (“SEHK”) and traded in Hong Kong Dollars (“HKD”) or Renminbi (“RMB”);​

Certificates of Deposit (CDs)

​HKD- or RMB-denominated CDs issued by authorized institutions, with an investment cap of HK$3 million.​

Subordinated Debt

​HKD- or RMB-denominated subordinated debt issued by authorized institutions.

​Eligible Collective Investment Schemes

  1. Securities and Futures Commission (SFC)-authorized funds;
  2. SFC-authorized Real Estate Investment Trusts (REITs);
  3. SFC-authorized investment-linked assurance schemes;
  4. Open-ended Fund Companies (OFCs).

​Limited Partnership Funds (LPFs)

Total investment in private LPFs is capped at HK$10 million.

Real Estate

Up to HK$10 million of real estate investments can be counted toward the minimum investment threshold; A single residential property must have a transaction value of ​HK$50 million or above to qualify.

Basic Info of Hong Kong

  • Population

    As of the end of 2024, Hong Kong's provisional population stands at 7.5342 million, marking a 0.1% increase from 2023 and the third consecutive year of population growth. This rise is primarily driven by a net inflow of 21,000 residents. The growth reflects the effectiveness of the government's talent attraction policies, including enhancements to the Top Talent Pass Scheme (TPPS) and Quality Migrant Admission Scheme (QMAS), alongside improved healthcare and incentives to encourage childbirth. Among the total population, 7.2671 million are permanent residents, while 267,100 are mobile residents.

  • Geography

    Hong Kong is situated in southern China, east of the Pearl River Estuary, bordering Shenzhen (Guangdong Province) to the north, the Wanshan Archipelago of Zhuhai City to the south, and facing Macao across the sea to the west. It comprises Hong Kong Island, Kowloon, the New Territories, and 262 outlying islands, with a total land area of 1,106.3 square kilometers and a maritime area of 1,648.7 square kilometers. The terrain is predominantly hilly, with the highest peak being Tai Mo Shan (958 meters), while flatlands cluster in the Yuen Long Plain and Fanling Lowland in the northern New Territories. Hong Kong has a subtropical monsoon climate, with an average annual temperature of 23.3°C. Summers are hot, humid, and rainy, while winters are mild and dry. Urban areas experience heat island effects due to dense high-rise buildings.

  • Language

    Hong Kong's official languages are Chinese and English, under a "biliteracy and trilingualism" policy: written communication uses Chinese (Traditional characters) and English, while spoken languages are Cantonese (Guangdong dialect), Mandarin, and English. Approximately 96% of the ethnic Chinese population uses Cantonese daily, while non-ethnic Chinese communities predominantly communicate in English, Bilingualism is widespread in government documents, education, and business sectors. Recent talent import policies have also accelerated Mandarin adoption, with new professionals adapting to the multilingual environmnent to integrate into local life.

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