Hong Kong
Asia's premier financial centre with a renewed Capital Investment Entrant Scheme.
Residence of Hong Kong.
The New Capital Investment Entrant Scheme (New CIES) was reopened on 1 March 2024. Qualifying applicants must commit a minimum of HKD 30 million into permissible Hong Kong assets — including listed equities, debt securities, eligible funds and a capped allocation to non-residential real estate — together with a HKD 3 million contribution to a Hong Kong I&T portfolio.
Successful applicants receive a multi-year residence permit and may, after seven years of ordinary residence, apply for the Right of Abode (Hong Kong permanent residence).
Territorial taxation — no tax on foreign income.
Hong Kong applies a strict territorial system. Salaries, profits and property income are taxed only when sourced in Hong Kong. Income arising outside Hong Kong — including foreign salary, foreign business profit, foreign dividends, foreign interest and foreign capital gains — is not subject to Hong Kong tax for individuals.
There is no tax on dividends paid by Hong Kong companies, no tax on capital gains, no withholding tax on interest, no wealth tax and no inheritance tax (estate duty was abolished in 2006).
CIES eligibility for the principal and family.
- ◆Aged 18 or above
- ◆Net assets of at least HKD 30 million for the 2 years preceding application
- ◆Clean criminal background
- ◆No adverse immigration history with the HKSAR
- ◆Spouse (legally married)
- ◆Unmarried dependent children under 18
- ◆HKD 30 million committed to permissible Hong Kong assets
- ◆HKD 3 million contribution to the CIES Investment Portfolio (I&T-focused)
- ◆Investment maintained throughout the residence period
- ◆Right of Abode (PR) eligible after 7 years of ordinary residence
Day 0 to Hong Kong ID card and (eventually) PR.
- Day 0
Engagement & net-asset attestation
Onboarding, KYC and CPA net-asset assessment of HKD 30M+ over the last 2 years.
- Week 4 – 8
Portfolio structuring
Investment portfolio designed across permissible assets via our partner private banks.
- Month 2 – 3
Net-asset approval-in-principle
Invest HK confirms net-asset eligibility; HKD 3M I&T contribution settled.
- Month 3 – 5
Visa approval & investment deployment
Approval-in-principle of visa; HKD 30M deployed into the qualifying portfolio.
- Month 5 – 6
Visa & Hong Kong ID card
Entry visa issued; HKID card collected on landing. Multi-year residence begins.
- Year 7
Right of Abode (PR)
After 7 years of ordinary residence, apply for the Right of Abode (permanent residence).
Two tailored routes into the HKD 30 million threshold.
Not every client wishes to immobilise HKD 30 million of liquid capital in order to qualify under the New CIES. For applicants who consider the full ticket size excessive, we structure two proprietary entry routes — each fully compliant with the program rules and underwritten through our partner private banks in Hong Kong.
Scheme A — Leveraged Entry (HKD 8M out of pocket)
A bank-financed structure in which the applicant contributes only approximately HKD 8 million of personal capital. The remaining ~HKD 22 million is financed through a collateralised facility arranged with a Hong Kong licensed bank, allowing the client to keep the balance of their wealth deployed in their own portfolios while still meeting the full HKD 30 million qualifying commitment.
Scheme B — Full Subscription with Capital-Protected Income
The applicant subscribes the full HKD 30 million into qualifying assets, but the portfolio is constructed around capital-protected instruments that distribute regular dividend coupons back to the client throughout the holding period. Principal protection is built into the underlying structure, giving predictable cash flow without sacrificing CIES eligibility.
One-stop family office, fully insulated from home-country reporting.
Every CIES client is onboarded onto our integrated Hong Kong family office platform. Custody, portfolio management, insurance, succession structures and lending facilities are consolidated under a single Hong Kong reporting perimeter.
Because assets are held, booked and reported within Hong Kong's regulatory environment under your Hong Kong tax residency, account information is not transmitted back to your country of origin. Your wealth footprint is consolidated, professionally administered, and kept entirely within the jurisdiction you have chosen.
Use your second passport to incorporate in Hong Kong.
Incorporating a Hong Kong private limited company under your second citizenship — rather than your country of birth — is the cornerstone of a properly structured wealth and income strategy. Hong Kong allows 100% foreign ownership, a single director and shareholder, no minimum paid-up capital and no residency requirement for shareholders, so the entire structure can be set up around the passport you choose to present.
The director and ultimate beneficial owner (UBO) details filed with the Companies Registry and the Significant Controllers Register are taken from the identity documents you submit. When those documents are issued by your second jurisdiction (for example a Caribbean or Pacific CBI passport, or a residence card from Malta, Cyprus or Portugal), the company's published nationality footprint is that jurisdiction — not your country of origin.
We act as your end-to-end formation and administration partner: company secretary, registered office, accounting, audit, profits tax filing, MPF, and bank account opening with our partner private and digital banks in Hong Kong. One platform manages the operating company, the family office investment account and your personal CIES portfolio.
Tax efficiency through territorial sourcing
Hong Kong taxes only profits sourced in Hong Kong (currently 8.25% on the first HKD 2 million of assessable profits and 16.5% thereafter). Profits genuinely arising from offshore activities — overseas clients, overseas contracts performed outside Hong Kong, foreign investment income — can be claimed as offshore-sourced and, where the claim is accepted, are not subject to Hong Kong profits tax. There is no VAT, no GST, no capital gains tax, no withholding tax on dividends and no tax on dividends received by shareholders.
CRS reporting realignment
Under the Common Reporting Standard, a Hong Kong bank reports a corporate account to the jurisdiction(s) of the controlling persons' tax residency, identified through their self-certification and supporting ID. When the UBO presents a second passport together with a Hong Kong tax residency certificate (achievable through CIES residence and substance in Hong Kong), the account is reported to Hong Kong — which does not onward-share with the original home country. Your operating cash flow, retained earnings and investment portfolio sit outside the automatic reporting channel back to your birth country.
Privacy of beneficial ownership
The Significant Controllers Register is kept at the registered office and is accessible only to Hong Kong law-enforcement and regulatory bodies on lawful request — it is not a public register. Combined with a nominee-free, second-passport-based filing, your name does not appear in any public database tied to your country of origin.
One-stop wealth and income management
The same Hong Kong entity can receive your global consulting, licensing or trading income, hold your listed investments, subscribe into the CIES portfolio, and pay you a salary or dividend on a tax-efficient schedule. We handle incorporation, banking, accounting, audit, tax filing and ongoing compliance so the structure remains clean, defensible and fully aligned with your residency.
Request a confidential briefing on Hong Kong.
Our advisors will assess your eligibility, your existing residency footprint and your reporting exposure before recommending a structure.