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The Chief Executive-in-Council in Hong Kong has endorsed the implementation
details of the “Capital Investment Entrant Scheme” and the “Admission Scheme
for Mainland Talents and Professionals”.
The Secretary for Security of the HKSAR Government, Mrs Regina Ip, said,
“The two schemes are aimed at attracting the inflow of capital and
facilitating local firms to tap the expertise of Mainland professionals to
develop their business.”
The Capital Investment Entrant Scheme is designed to attract people who have
the financial means to make substantial investment in Hong Kong, but would
not run the business themselves. The investment threshold will be set at
HK$6.5 million, and investment will have to be made in a specified list of
permissible investment assets.
“When compared to admission schemes elsewhere, the arrangements under our
Scheme would allow capital investment entrants greater flexibility in their
choice of investment assets to suit their individual needs,” said Mrs Ip.
The new policy will be applied to all foreign nationals, Macao SAR
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 and residents of
Taiwan.
Successful applicants will be allowed to bring in their dependants. After 7
years of continuous ordinary residence in Hong Kong, capital investment
entrants and their dependants may apply for the right of abode in Hong Kong.
Welcoming the introduction of the “Capital Investment Entrant Scheme”, the
HKETO Director, Mrs Rosanna Ure, said: “The scheme offers a good opportunity
to people from overseas who have the financial means to make substantial
investment in Hong Kong and, at the same time, have a genuine interest in
immigrating to Hong Kong.”
The Capital Investment Entrant Scheme will be launched in the third quarter
of this year.
The Admission Scheme for Mainland Talents and Professionals, which aims at
admitting Mainland professionals in the commercial and financial fields, as
well as Mainland talents in the arts, culture and sports sectors, is not
applicable to Canadian citizens.
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