Golden Visa

Hong Kong Residency Pathways

Golden Visa

Hong Kong does not have a traditional "Golden Visa" program like many other countries. However, they do offer several pathways to residency for high-net-worth individuals and entrepreneurs.   

Hong Kong Capital Investment Entrant Scheme (CIES)

This is the closest equivalent to a Golden Visa in Hong Kong. It requires a significant investment of HKD 30 million in permissible assets, including:

• Non-residential real estate (capped at HKD 10 million)   

• Equities   

• Debt securities   

• CDs   

• Subordinated debt   

• Collective investment schemes   

• Limited partnership funds   

After 7 years of residency, applicants can apply for permanent residency.   

Hong Kong Capital Investment Entrant Scheme (CIES)

The Hong Kong Capital Investment Entrant Scheme (CIES) is a program designed to attract wealthy individuals to Hong Kong through significant investment. Here's a breakdown of the key points:   

Eligibility:

• Age: 18 or above   

• Clean Record: No adverse immigration history   

• Net Worth: Minimum net assets of HKD 30 million (or equivalent) in the two years prior to application   

• Investment: Minimum investment of HKD 30 million (or equivalent) in permissible assets   

Permissible Investment Assets:

• Financial Assets:

  • Equities   

  • Debt securities   

  • Certificates of Deposit (CDs)   

  • Subordinated debt   

  • Collective investment schemes (including funds)   

  • Eligible insurance policies

• Non-Residential Real Estate: Up to HKD 10 million

New CIES Investment Portfolio:

A significant portion of the investment (HKD 3 million) must be allocated to the New CIES Investment Portfolio. This portfolio invests in companies and projects with a Hong Kong nexus, supporting the development of innovation, technology, and other strategic industries.   

Residency and Permanent Residency:

• Residency: Successful applicants can enter and stay in Hong Kong.   

• Permanent Residency: After maintaining continuous ordinary residence for seven years and meeting portfolio maintenance requirements, applicants and their dependents can apply for Hong Kong permanent residency.   

Key Points to Remember:

• Significant Investment: The minimum investment is substantial.   

• Portfolio Restrictions: A portion of the investment must be allocated to the New CIES Investment Portfolio.   

• Residency Requirements: Physical presence in Hong Kong is necessary to maintain residency status and qualify for permanent residency.

Additional Considerations:

• Government Website: For the most accurate and up-to-date information, refer to the official Hong Kong government website for the New CIES.

Other Pathways to Residency

• General Employment Policy (GEP): This is for individuals with a confirmed job offer from a Hong Kong company.   

• Admission Scheme for Mainland Talents and Professionals (ASMTP): This is for mainland Chinese professionals with specialized skills.   

• Investment as Entrepreneurs: This is for entrepreneurs who want to start a business in Hong Kong.   

Investment as Entrepreneurs

The "Investment as Entrepreneurs" scheme in Hong Kong is a pathway for foreign entrepreneurs to obtain a work visa and establish or join a business in Hong Kong. It's a popular option for individuals who want to leverage Hong Kong's strategic location and business-friendly environment.   

Key Points:

• Eligibility:

  • You must be a founder or shareholder of a Hong Kong company.   

  • Your business should be related to your previous work experience.   

  • You need to have a physical office and at least two local full-time employees in Hong Kong.   

  • You must have business ties with Hong Kong or engage in real business operations.   

• Visa Duration:

  • The initial visa is valid for two years.

  • It can be renewed for three years after the first renewal.   

  • After seven years of continuous residency and tax payment, you may be eligible for permanent residency.   

• Benefits:

  • Right to live and work in Hong Kong   

  • Access to a favorable tax regime   

  • Strategic location in Asia   

  • Opportunity to grow your business in a global financial hub   

Additional Considerations:

• Business Plan: A comprehensive business plan is crucial, outlining your business model, financial projections, and contribution to the Hong Kong economy.   

• Local Sponsor: You may need a local sponsor, who can be an individual or a company.   

• Government Support: Consider seeking support from government-backed programs and initiatives to facilitate your business setup and operations.   

Helpful Resources

For more information, please refer to these helpful resources:

• New Capital Investment Entrant Scheme: https://www.bestar-hk.com/post/new-capital-investment-entrant-scheme

• Immigration Department: https://www.immd.gov.hk/eng/services/visas/capital_investment_entrant_scheme.html

• Securities and Futures Commission: https://www.sfc.hk/en/Regulatory-functions/Products/List-of-Eligible-Collective-Investment-Schemes-under-new-CIES

• Bestar: https://www.bestar-asia.com/post/temporary-residency-hk

• Bestar: https://www.bestar-asia.com/post/hk-investment-as-entrepreneurs

• Bestar: https://www.bestar-asia.com/post/hong-kong-investment-visa

By carefully planning and meeting the eligibility criteria, you can successfully navigate the "Investment as Entrepreneurs" scheme and establish a thriving business in Hong Kong.

Sources and related content

Important Considerations

• Minimum Investment: The investment requirement for the CIES is substantial.   

• Residency Requirements: You must maintain physical presence in Hong Kong for a certain period to qualify for permanent residency.   

• Complex Application Process: The application process can be complex and requires professional assistance.

How Bestar Can Help

Bestar can provide invaluable assistance throughout the immigration process. Bestar can play a crucial role in helping you manage your finances and achieve your financial goals, especially when moving to a new country. Here's how we can assist:   

1. Expert Guidance: We can guide you through complex immigration laws and regulations, ensuring you understand the requirements and timelines.   

2. Document Preparation: We can help you prepare and submit accurate and complete immigration documents, reducing the risk of delays or rejections.   

3. Case Strategy: We can develop a strong case strategy tailored to your specific circumstances, increasing your chances of a successful application.   

4. Representation: We can represent you before immigration authorities, advocating for your interests and addressing any issues that may arise.   

5. Visa Application: We can assist with various visa applications, including work visas, family visas, and investor visas.   

6. Permanent Residency: We can help you navigate the process of obtaining permanent residency, including understanding eligibility requirements and filing necessary paperwork.   

7. Tax Planning: We can help you minimize your tax liability by understanding the tax implications of your move and implementing effective tax strategies.    

8. Banking and Financial Services: We can help you set up bank accounts, obtain credit cards, and access other financial services in your new country.

By working with Bestar, you can increase your chances of a smooth and successful transition to your new country.

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