Hong Kong's New Investment Visa Scheme
The New Capital Investment Entrant Scheme (New CIES) was launched by the Hong Kong government on March 1, 2024. This program is designed to attract foreign investors and strengthen Hong Kong's position as a global financial hub.
Key Features of the New CIES:
Eligibility: Eligible individuals include foreign nationals and Chinese nationals with foreign permanent residency.
Investment Requirement: Applicants must invest a minimum of HK$30 million in permissible investment assets in Hong Kong.
Residency: Successful applicants and their dependents can obtain residency in Hong Kong.
Permanent Residency: After seven years of continuous ordinary residence in Hong Kong, applicants may apply for permanent residency.
Benefits of the New CIES:
Access to Hong Kong's Financial Market: Investors can benefit from Hong Kong's well-developed financial market and its strategic location in Asia.
High-Quality Education and Healthcare: Hong Kong offers world-class education and healthcare facilities.
Stable and Secure Environment: Hong Kong is known for its political stability and rule of law.
How to Apply:
Prepare Required Documents: Gather all necessary documents, including proof of financial assets, investment plans, and personal information.
Submit Application: Submit the application online through the Invest Hong Kong website.
Assessment: Invest Hong Kong will assess the application to ensure it meets the eligibility criteria and investment requirements.
Immigration Approval: Upon successful assessment, the Immigration Department will process the visa/entry permit and extension of stay applications.
Important Note:
The Capital Investment Entrant Scheme was suspended in 2015. The New CIES is a new program with updated requirements and benefits.
Additional Resources:
New Capital Investment Entrant Scheme Website: https://www.info.gov.hk/gia/general/202403/01/P2024022900797.htm
Immigration Department Website: https://www.immd.gov.hk/
How Bestar can Help
Bestar can be a valuable asset for those seeking to leverage the New Capital Investment Entrant Scheme (New CIES) in Hong Kong. Here's how we can assist:
1. Investment Guidance and Support:
Investment Asset Selection: Bestar can help you identify suitable investment assets that meet the New CIES requirements and align with your investment goals.
Due Diligence: We can conduct thorough due diligence on potential investments to ensure compliance and minimize risks.
Financial Advisory Services: Bestar can provide tailored financial advice to optimize your investment strategy and maximize returns.
2. Company Incorporation and Management:
Company Formation: If you plan to establish a business entity in Hong Kong, Bestar can assist with company incorporation, including name registration, drafting articles of association, and obtaining necessary licenses.
Corporate Secretarial Services: We can provide ongoing corporate secretarial services, such as maintaining statutory records, filing annual returns, and ensuring compliance with Hong Kong's regulatory framework.
Accounting and Tax Services: Bestar can handle your accounting, bookkeeping, and tax compliance needs, helping you navigate Hong Kong's complex tax system.
3. Immigration and Residency Services:
Immigration Application: Bestar can assist with the preparation and submission of immigration applications, including the New CIES application.
Visa and Permit Processing: We can guide you through the visa and permit application process, ensuring timely and accurate submission of documents.
Post-Arrival Support: Bestar can provide ongoing support services, such as assistance with accommodation, schooling, and healthcare arrangements.
4. Leveraging Hong Kong's Business Environment:
Market Entry Strategy: Bestar can help you develop a comprehensive market entry strategy, including identifying business opportunities and understanding local market dynamics.
Networking and Business Connections: We can connect you with key industry players, potential partners, and service providers in Hong Kong.
Regulatory Compliance: Bestar HK can help you navigate the complex regulatory landscape in Hong Kong, ensuring compliance with relevant laws and regulations.
By partnering with Bestar, you can streamline the process of applying for the New CIES, setting up your business in Hong Kong, and managing your financial and immigration affairs. Our expertise and experience can significantly enhance your overall experience and success in Hong Kong.
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