The HKSAR Government has launched the Capital Investment Entrant Scheme since October 27, 2003. It aims to attract captial investment entrants to come to Hong Kong. BOCI Securities is one of the eligible Financial Intermediaries in the Scheme.
Eligibility Criteria
Persons aged 18 or over
With net assets under their control and disposal for investment of not less than HK$10 million throughout the two years preceding his application
Foreign nationals except Afghanistan, Albania, Cuba and the Democratic People's Republic of Korea
Macao Special Administrative Region residents
Chinese nationals who have obtained permanent resident status in a foreign country
Stateless persons who have obtained permanent resident status in a foreign country with proven re-entry facilities
Residents of Taiwan
Permissible Investment Asset Classes
Specified Financial Assets
Equities - Shares of companies that are listed on the Hong Kong Stock Exchange and
traded in Hong Kong dollars. - Hongkong equity-base Exchange Traded Funds that are listed on the Hong
Kong Stock Exchange, namely:
- 2800 (Tracker Fund of Hong Kong)- 2825(W.I.S.E. - CSI HK100)
- 2828 (Hang Seng H-Share Index ETF) - 2833(Hang Seng Index ETF)
- 2838 (Hang Seng FTSE / Xinhua China 25)
Debt Securities - denominated in Hong Kong dollars including fixed or floating rate instruments and convertible bonds which are issued or fully guaranteed by the HKSAR Government or Hong Kong Stock Exchange listed companies
Certificates of Deposits
Subordinated Debt
Eligible collective investment schemes (i.e. unit trusts or mutual funds)
Other Information
The applicant is not required to top-up the value of his investment should its Market value fall below the requisite minimum level of HK$10 million Net even in the event of a total loss.
There should not be more than 14 calendar days elapse between the date of the contract for the sale of the permissible financial asset being sold and the date of the contract for the purchase of the reinvestment permissible finanical asset. The reinvestment value for the permissible financial asset should not be less than the gross amount of the proceeds from sale of the initial asset. (For instance, in the case of selling equities, the gross amount should not include Transaction Levy, Commission Fees and Stamp Duty.)
The applicant will initially obtain an Approval-in Principle from the Director of Immigration allowing to remain in Hong Kong as a visitor for 3 months. Upon the satisfaction of the Director, the applicant will be granted a permission to stay as a non Hong Kong permanent resident for 2 years. Further extensions for 2 years will be granted on the same conditions and on the same basis.
The applicant may apply to become permanent resident of Hong Kong after a period of continuous ordinary residence in Hong Kong of not less than 7 years.
For more details on new amendments to the rules for Capital Investment Entrant Scheme, please find following links:
Annual Maintenance Fee of CIES account with BOCI is waived as a courtesy.
For details, please do not hesitate to contact us for further consultancy.
Disclaimer:
This website and its contents are provided for information only and shall not constitute any offer or invitation to make investment in securities or any other financial products. The above information about the Scheme is mainly extracted from the website of the Immigration Department of Government of the Hong Kong SAR at http://www.immd.gov.hk/ehtml/hkvisas_13.htm. For detailed and updated information about the Scheme, please feel free to visit the said website.
For more details on new amendments to the rules for Capital Investment Entrant Scheme, please find following links:
