Capital Investment Entrant Scheme | Harris Fraser

Capital Investment Entrant Scheme

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The Capital Investment Entrant Scheme (CIES) is an immigration scheme launched by the Government of the Hong Kong SAR in October 2003.

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.


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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.
Other information you need to know
Scope of the Scheme

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
Permissible Investment Asset Classes

Specified Financial Assets (denominated in HK dollar)

  • Stocks
  • Bonds
  • Certificates of Deposits (must first obtained Approval-in-Principle)
  • Eligible Collective Investment Schemes
Portfolio Maintenance Requirements
  • No need to top up
  • Cannot withdraw capital gains
  • Can switch between Permissible Invest Assets
  • Continuously for seven years
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Application procedures

We walk you through every step of the way

  • Application

    Qualified applicant lodges an application with the Immigration Department and submits the necessary documents.

  • Approval-in-Principal

    Immigration Department grants Approval-in-Principal after about 6-8 months.

  • Account opening

    Open designated account with Mason Securities Limited.

  • Investment

    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.

  • Documental proof

    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.

  • Formal Approval

    Immigration Department grants Formal Approval after about 2 months.

  • Hong Kong ID card

    Apply for the Hong Kong identity card to become a Hong Kong resident.

  • Annual declaration

    Confirm to the Immigration Department composition of designated account at each relevant anniversary, until applicant is eligible to apply for permanent resident status.

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