Hong Kong’s CIES Tops 3,000 Applications, HK$95 Billion in Anticipated Investment
Hong Kong’s New Capital Investment Entrant Scheme (New CIES) received 3,166 applications in its first two years, InvestHK announced Monday, with anticipated investment of approximately HK$95 billion (US$12.15 billion). Of those, 1,762 applicants completed their investments and received formal approval from the Immigration Department. Year two alone produced 2,248 of those applications, up 145% from…