CIES applications continue to surge after government’s policy changes, monthly application average now at 85. Hong Kong’s Capital Investment Entrant Scheme (CIES) has received 1,257 applications as of May 25. InvestHK anticipates HK$37 billion (US$4.7 billion) in investment commitments from the expanding applicant pool. The program has processed 512 formal approvals for applicants who completed…
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Financial Secretary Paul Chan announced at the PWMA Wealth Management Summit 2024 that Hong Kong’s Capital Investment Entrant Scheme (CIES) had attracted 670 applications and over HK$20 billion (US$2.57 billion) since its March relaunch. The program has maintained a growth rate of approximately 74 applications per month since its launch. The monthly application rate, however,…
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