Authorities have received nearly 3,200 applications since the launch of New CIES in March 2024. Dickson Lee

    Hong Kong’s new cash-for-residency scheme draws US$12 billion in first 2 years

    Hong Kong’s cash-for-residency scheme has attracted about HK$95 billion (US$12 billion) from more than 1,700 investors over the past two years, with around two-thirds of the approved capital channelled into authorised funds and equities, the latest figures from InvestHK show. The government’s investment promotion arm on Monday released the figures for the New Capital Investment…

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    HK capital investment program receives nearly 3,200 applications

      HK capital investment program receives nearly 3,200 applications

      In this undated photo, Director of Immigration  Benson Kwok Joon-fung (second right) meets with Director-General of Investment Promotion at Invest Hong Kong Alpha Lau Hai-suen (second left), Assistant Director of Immigration (Visa and Policies) Yung Wing-ching (first right), and Chief Executive Officer of New Capital Investment Entrant Scheme Office Joseph Yu (first left) to further…

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