What is New Capital Investment Entrant Scheme？

A successful applicant may bring his/her dependants (including spouse and unmarried dependent children aged under 18 years) to Hong Kong. Permission to stay will normally be granted to the applicant and his/her dependants for not more than two years. Upon expiry of the two-year period, they may apply for an extension of stay for not more than three years, and may subsequently apply for further extensions of stay for not more than three years upon the expiry of each three-year period. They may, upon a period of continuous ordinary residence in Hong Kong of not less than seven years, apply to become Hong Kong permanent residents in accordance with the law. If an applicant is unable to fulfil the continuous ordinary residence requirement, while continuously satisfying the financial requirements under the new CIES for not less than seven years, he/she may apply for an unconditional stay in Hong Kong. If the application is approved, the applicant will be free to dispose of the invested assets.

What is the purpose of New Capital Investment Entrant Scheme?

The new CIES would help strengthen the development of the asset and wealth management, financial and related professional service sectors in Hong Kong, and bring more business opportunities and high-quality job prospects to all segments of the industry's service chain.

What is the eligiblity criteria of New Capital Investment Entrant Scheme？

Subject to the terms of the Scheme Rules, an Applicant who satisfies the following criteria will be eligible for an Entry Application:
Age	an Applicant is aged 18 or above at the time of applying for Net Asset Assessment;
an Applicant must fall into one of the following categories covered by the Scheme:	Foreign nationals(Nationals of Afghanistan, Cuba, and Democratic People's Republic of Korea are excluded.); Chinese nationals who have obtained permanent resident status in a foreign country; Macao Special Administrative Region residents; and Chinese residents of Taiwan;
Net assets	an Applicant must apply for a Net Asset Assessment: the Applicant should demonstrate to the satisfaction of Director-General of Investment Promotion that he has Net assets or Net equity to which he is absolutely beneficially entitled with a Market value of not less than HK$30 million Net (or equivalent in foreign currencies) throughout the two years preceding the date he lodged his application for Net Asset Assessment of the Scheme;
Investment in Permissible investment assets	an Applicant must make the committed investment in Permissible investment assets on or after the launch date of the Scheme (i.e. 1 March 2024). An Applicant has met the Investment Requirements if he: has invested within and thereafter throughout the period beginning on the launch date of the Scheme or the 180th day before his application is lodged for Net Asset Assessment, whichever is later, and ending on the day his application is lodged for Net Asset Assessment; or has invested within and thereafter throughout the period beginning on the launch date of the Scheme or the 180th day before his application is lodged for Net Asset Assessment, whichever is later, and ending on the 180th day after Approval-in-Principle has been granted by Director of Immigration; or has invested within and thereafter throughout the period beginning on the day when Approval-in-Principle has been granted by Director of Immigration and ending on the 180th day thereafter; not less than HK$30 million Net (or equivalent in foreign currencies) in Permissible investment assets to which he is absolutely beneficially entitled;
No adverse record	an Applicant must demonstrate that he has no adverse immigration record and meets normal immigration and security requirements; and
Others	an Applicant can demonstrate to Director of Immigration that he is capable of supporting and accommodating himself and his dependants, if any, on his own without relying on any return on the Permissible investment assets, employment, self-employment, office, business or public assistance in or carried on in Hong Kong as the case may be. In addition, the entry of dependants will be subject to any other policy applicable to such entry at the time.

Can an Applicant obtain loans from banks or other financial institutions for the acquisition of non-residential real estate?

Yes. An Applicant may use the non-residential real estate as collateral to take out or refinance a mortgage with banks or financial institutions licensed in Hong Kong, but only investment in the form of net equity (i.e. the portion contributed by the Applicant) in non-residential real estate will be counted as qualifying investments under the New CIES, subject to a cap of HK$10 million.

If an Applicant only invests capital in Hong Kong but is not physically present in Hong Kong, is he/she eligible to acquire the Hong Kong permanent resident status?

No. The Applicant and his/her dependants must have ordinarily resided in Hong Kong for a continuous period of not less than seven years before applying for the right of abode in Hong Kong in accordance with the law.