Objectives of the Scheme

In October 2003, Hong Kong SAR Government launched the Capital Investment Entrant Scheme ( the "Scheme") to facilitate the entry for residence by capital investment entrants, i.e. investors who make capital investment in Hong Kong but would not be engaged in the running of any business here. With a wealth of expertise and experience, KGI helps the Scheme applicants to tailor-make investment portfolios that fulfill the Scheme requirements with specified financial assets, such as equities, debt securities and eligible collective investment schemes (i.e. unit trusts or mutual funds).

Scope of the Scheme

The Scheme is generally applicable to:

1. Foreign nationals (except nationals of Afghanistan, Albania, Cuba and Democratic People's Republic of Korea);
2. Macau SAR residents;
3. Chinese nationals with permanent resident status in a foreign country;
4. Stateless persons with permanent resident status in a foreign country with proven re- entry facilities; and
5. Taiwan residents.

Eligibility Criteria

The applicant must:

1. be aged 18 or above when applying for entry under the Scheme;
2. be beneficially entitled to net assets of not less than HK$10 million throughout the two years preceding his application;
3. have invested within six months before submission of his application, or will invest within six months after the granting of approval in principle by the Immigration Department, not less than HK$10 million in permissible investment asset classes;
4. have no adverse record both in Hong Kong and country/region of residence; and
5. be able to demonstrate that he is capable of supporting and accommodating himself and his dependants, if any, on his own without relying on any return on the permissible investment assets, employment or public assistance in Hong Kong.

Permissible Financial Assets offered by KGI

The Scheme applicants may invest in either or several of the following permissible financial assets:

1. Equities - Shares of companies listed on the Hong Kong Stock Exchange and traded in HK dollars.
2. Debt Securities - HK dollars denominated debt securities issued or fully guaranteed by the HKSAR Government, or by specified corporations/agencies.
3. Eligible Collective Investment Schemes

Change in Value of Investment

The entrant is not required to top up the value of his investment in either permissible investment (i.e. real estate or specified financial assets) should its market value fall below the requisite minimum level of HK$10 million. On the other hand, he is not allowed to withdraw any capital gain from his investment if its market value rises above the requisite level.

Rental income from the permissible real estate and cash dividend income and interest income derived from specified financial assets may be retained by the entrant and need not be ring-fenced under the Scheme.

The entrant is permitted to switch his investments from one permissible investment asset class to another (i.e. from specified financial assets to Eligible Collective Investment Schemes or vice versa) provided that the entire proceeds from the sale of the initial assets are reinvested. He should keep a proper record of every change to his investment portfolio for the purpose of applying for extension of stay in Hong Kong.

Please call our free enquiry hotline: (852) 2878 5555, or visit our Head Office or branches to understand the services we may offer under the Scheme.