CIES Audit

The New Capital Investment Entrant Scheme

The New Capital Investment Entrant Scheme (the Scheme) aims to attract asset owners to settle in the city and explore its diverse investment opportunities through wealth allocation and management. The New Capital Investment Entrant Scheme Office (“New CIES Office”) under Invest Hong Kong is responsible for assessing the financial assets and investment of the Scheme Applicants/Entrants as well as monitoring their continuous compliance of the Investment Requirements and Portfolio Maintenance Requirements, while Immigration Department is responsible for assessing applications for visa/entry permit, extension of stay and unconditional stay pursuant to the Scheme.

(1) Threshold of transaction price of residential real estate is reduced from HK$50 million to HK$30 million for one single property

(2) Aggregate investment cap for the total investment amount in real estate which is counted towards the fulfillment of minimum investment threshold is raised from HK$10 million to HK$15 million
(among which the cap on residential real estate remains at HK$10 million)