Hong Kong Capital Investment Entrant Scheme Visa Factsheet
by Hong Kong Visa Handbook on May 18, 2011
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http://www.hongkongvisahandbook.com - this is the Factsheet on the Hong Kong Capital Investment Entrant Scheme Visa as found in the Hong Kong Visa Handbook. On the Hong Kong Visa Handbook website you ...
http://www.hongkongvisahandbook.com - this is the Factsheet on the Hong Kong Capital Investment Entrant Scheme Visa as found in the Hong Kong Visa Handbook. On the Hong Kong Visa Handbook website you will discover every possible resource required to effectively finish a Hong Kong visa application at the Hong Kong Immigration Department.
The Capital Investment Entrant Scheme commenced in October 2003. It had the objective of allowing well-heeled people to take up residency in Hong Kong without them needing to join in or establish and operate a business. The program rules are reviewed regularly. At this time, the funds required are 10 Million Hong Kong Dollars with qualifying investments now excluding Hong Kong real property.
Looking at the Capital Investment Entrant Scheme and it’s bare essence, effectively if you invest 10 million Hong Kong dollars hard cash into Hong Kong, you can secure residency permissions assuming that there is no security objection. So, 10 million Hong dollars will get you into the game. You have to put your 10 million dollars into qualifying Hong Kong investment assets which we will look at in subsequent slide. On that basis, you will be able to secure a two-year period of stay which is thereafter extendable every two years for seven years; and then after you hit the seven-year mark, if you have continuously resided in Hong Kong for all of that time and that you are able to declare that you have taken Hong Kong as your only place of residence, then you will be able to make an application for the right of abode which is permanent residency or, as of right, if you have held this immigration status for seven years irrespective of the fact that you have not had continuous residency in Hong Kong for all of that time, the idea that you have kept your assets in Hong Kong for the 7 years should then grant you the immigration privilege of unconditional stay and therefore allowing you to release the 10 million Hong Kong dollars of your assets and you can use it elsewhere whilst continuing your residence status in HKSAR.
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