香港投资移民指南：境外投资者必读英文介绍

Hong Kong Investment Immigration: Essential Knowledge for Overseas Investors

As a global financial hub, Hong Kong has long been a favored destination for international investors seeking opportunities in Asia. With its low tax regime, free capital flow, and proximity to mainland China, Hong Kong offers a unique combination of advantages that attract high-net-worth individuals from around the world. In recent years, the Hong Kong government has re-launched its investment immigration program, drawing renewed interest from overseas investors.

The Resurgence of Hong Kong’s Investment Immigration Program

In 2025, the Hong Kong Special Administrative Region government announced the resumption of its Capital Investment Entrant Scheme CIES, marking a significant shift after an eight-year hiatus. The scheme, which was suspended in 2015 due to concerns over property market overheating, has been reintroduced with a more targeted and refined approach. Under the new framework, applicants are required to make a substantial financial investment, primarily in Hong Kong assets such as stocks, bonds, and other financial instruments-excluding residential real estate.

This change reflects the government’s intent to channel foreign capital into the financial and innovation sectors, thereby boosting local economic development. According to the Immigration Department, the revised program aims to attract quality investors who can contribute to Hong Kong’s long-term growth rather than simply acquiring property assets.

Key Requirements for the Investment Immigration Program

The new CIES sets a minimum investment threshold of HKD 30 million approximately USD 3.8 million, which must be invested in a diversified portfolio of eligible financial assets. These include:

Hong Kong-listed stocks

Government and corporate bonds

Mutual funds registered in Hong Kong

Other financial instruments approved by the Securities and Futures Commission

Applicants must also demonstrate that the investment funds are under their full ownership and control, with a clear source of funds. In addition, they must meet the general requirements of Hong Kong immigration, including good character, sufficient financial means to support themselves and dependents, and no threat to national security.

Unlike some other investment immigration programs, Hong Kong’s CIES does not offer immediate permanent residency. Instead, successful applicants are granted an initial visa for two years, which can be extended if the investment is maintained. After seven years of continuous residence, investors may be eligible to apply for permanent residency and, potentially, a Hong Kong SAR passport.

Advantages of Investing in Hong Kong

Hong Kong’s appeal as an investment immigration destination lies in its robust legal system, political stability, and strong investor protections. The city maintains a transparent and efficient regulatory environment, which is particularly attractive to overseas investors accustomed to high standards of governance.

Moreover, Hong Kong serves as a strategic gateway to mainland China and the broader Asia-Pacific region. For investors looking to access China’s vast market while maintaining a base outside the mainland, Hong Kong offers a unique combination of proximity and independence. The city’s well-developed infrastructure, world-class financial services, and multilingual workforce further enhance its attractiveness.

In recent months, Hong Kong has also taken steps to bolster its innovation and technology sectors. The government has introduced various incentives for venture capital and private equity funds, aiming to position the city as a leading fintech and innovation hub in Asia. This evolving economic landscape presents new opportunities for investors under the CIES, particularly those with an interest in supporting and benefiting from Hong Kong’s emerging tech ecosystem.

Considerations for Overseas Investors

While the CIES presents a compelling opportunity, prospective applicants should carefully evaluate the program’s requirements and long-term implications. Unlike some other jurisdictions that offer citizenship through investment, Hong Kong does not grant citizenship-only the right of abode. Additionally, the seven-year residency requirement before eligibility for permanent status means that investors must be prepared for a long-term commitment.

Another important consideration is the management of the required investment portfolio. Given the volatility of financial markets, investors should work with experienced financial advisors and immigration consultants to ensure compliance with the program’s rules and to optimize their investment strategy.

Recent reports indicate that interest in the program has been strong, particularly from investors in Southeast Asia, the Middle East, and Europe. According to a statement from the Hong Kong Economic and Trade Office in early 2025, the government expects to receive several hundred applications in the first year, with a focus on quality over quantity.

Conclusion

Hong Kong’s reinvigorated investment immigration program offers a valuable opportunity for overseas investors seeking a stable and prosperous base in Asia. With its strong financial infrastructure, strategic location, and renewed commitment to attracting global capital, Hong Kong remains one of the most attractive destinations for high-net-worth individuals. However, the program’s requirements demand careful planning and long-term commitment. For those willing to navigate the process, the rewards-both financial and personal-can be substantial.