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Capital Investment Entrant Scheme |
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The Hong Kong government has launched the “Capital Investment Entrant Scheme” since 2003. The objective of the scheme is to facilitate the entry for residence by capital investment entrants (the entrant), i.e. persons who make capital investment in Hong Kong but would not be engaged in the running of any business here. The entrant is allowed to make his choice of investments amongst permissible assets without the need to establish or join in a business. Guotai Junan Securities (Hong Kong) Limited “GTJA HK” is a financial intermediaries for this scheme and providing this service to customers.
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1. Investors submit residence application documents to HKSAR Immigration Department (identification documents and net assets proof two years preceding the application). The approval process takes about 1-3 months.
2. Granted the approval in principle from the Immigration Department's and visa for 3 to 6 months.
3. Invest “Permissible Investment Assets” in GTJA’s account with a minimum of HKD$10 million, which includes stocks, bonds or funds (e.g. GTJA’s Greater China Fund).
4. GTJA submit the proof for the competence of investment HKD$10 million to Immigration Department. The approval process takes about 1-2 months.
5. Granted the formal approval from the Immigration Department.
6. Transact the process to obtain Hong Kong Identity Card, and official become Hong Kong resident.
1. Be aged 18 or above when applying for entry under the scheme;
2. Assets Proof: have net assets of not less than HKD$10 million to which he/she is absolutely beneficially entitled throughout the two years preceding his/her application (e.g. property, stocks, certificate of deposit, company assets, etc.);
3. Have no adverse record both in Hong Kong and country/region of residence;
4. Have invested within 6 months before submission of his/her application to the Immigration Department, or will invest within 6 months after the granting of approval in principle by the Immigration Department, not less than HKD$10 million in permissible investment assets classes (e.g. stocks, funds, bonds, etc.); and
5. He/she is capable of supporting and accommodating himself/herself and his/her dependents, if any, on his/her own without relying on any return on the permissible investment assets, employment or public assistance in Hong Kong.
1. Invest and hold the asset under Permissible Investment Asset Classes (in Hong Kong dollars) that include stocks, bonds or eligible collective investment schemes (such as Guotai Junan Greater China Growth Fund).
2. 10 million asset investment regulations:
Make investment for continuously 7 years;
Convert assets under Permissible Investment Asset Classes;
If the assets are value-added, the profits cannot be realized, and if the investment losses, there is no need to make up the losses;
Dividends are allowed for withdrawal.
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