Hong Kong•AsiaNew Capital Investment Entrant Scheme (New CIES)
At a Glance
Processing Time
120-180 days
Application Fee
600 HKD
Stay Duration
24 months
Renewable
Yes
Job Offer
Not Required
Dependents
Allowed
PR Pathway
Available
This visa can lead to permanent residency — the right to live and work here indefinitely without renewing your visa.Remote Work
Not Required
Overview
Residence by investment scheme launched March 2024. Requires investment in permissible assets and government portfolio. Pathway to permanent residency after 7 years.
New CIES was launched on 1 March 2024 to attract capital and wealth management talent. Requires HKD 30 million investment (HKD 27 million in eligible assets, HKD 3 million in government-managed portfolio). Offers pathway to permanent residency after 7 years of continuous ordinary residence and portfolio maintenance.
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Requirements
Financial
Minimum Savings
30,000,000 EUR
Investment Required
30,000,000 HKD
Personal
Criminal Record Policy
case_by_case
Excluded Nationalities
Citizens of the following countries are not eligible: AF, CU, KP
Documentation
Applicant Documents
Valid passport
Applicant and dependents
Background documentation
Business history, references
Proof of funds
Bank statements, asset documentation
Investment plan
How HKD 30 million will be invested
Character reference
No criminal record
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Advantages
- Clear pathway to permanent residency after 7 years
- Spouse and dependent children eligible
- Portfolio-based investment flexibility
- No requirement to work
- Open to eligible nationals
Considerations
- High minimum investment (HKD 30 million)
- Ongoing portfolio maintenance required
- Must continuously meet investment conditions
- Long processing time (4-6 months)
- Tied to investment status
Application Process
Arrange capital
Secure HKD 30 million for investment
Prepare documentation
Investment plan, proof of funds, business background
Submit application
Via New CIES Office
Invest in portfolio
HKD 27 million in permissible assets, HKD 3 million in government portfolio
Formal approval
Upon investment completion and background check
Receive entry permit
Permission to stay issued
Application Forms
New CIES Application
Ready to Apply?
Check your eligibility first to see how well you match this visa