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Hong Kong investment and settlement policy?
The Hong Kong Investment Immigration Scheme is applicable to the following persons:
Foreign nationals (except Afghan, Albanian, Cuban and Korean nationals);
Residents of the Macao Special Administrative Region (MSAR);
China citizens who have obtained foreign permanent resident status;
(d) Persons who are stateless but have obtained permanent resident status in a foreign country and hold documents that can definitely re-enter the country; and
(e) Residents of Taiwan Province Province.
3. Qualification criteria
According to Hong Kong's investment immigration policy, investors must meet the following conditions before they can apply to enter Hong Kong:
(a) He/she has reached the age of 18 when applying to come to Hong Kong under this scheme;
(2) Its net assets in the two years before the application are not less than HK$ 6,543,800+million;
(c) investing in permitted investment assets of not less than HK$ 6,543,800+within six months before submitting the application to the Immigration Department or within six months after the application is approved in principle by the Immigration Department (except for investment in certificates of deposit, which must be made within six months after the application is approved in principle by the Immigration Department).
(d) It has no bad record in Hong Kong and its place of residence; and
(e) It can prove that it has the ability to support itself and its dependents, and provide shelter without relying on any income, work income or public assistance from investment assets approved in Hong Kong.
4. Types of permitted investment assets
Investors must invest not less than HK$ 6,543,800+in one or two of the following permitted investment asset classes:
I. Real estate (temporarily cancelled)
Investors can invest in commercial, industrial or residential properties in Hong Kong, including land and uncompleted flats. According to Hong Kong's investment immigration policy, there is no limit on the number of properties you can buy for living in Hong Kong.
Two. monetary assets
Investors can invest in one or more of the following financial assets:
(a) Stocks-Shares of companies listed on the Stock Exchange of Hong Kong and traded in Hong Kong dollars.
(b) Bonds denominated in Hong Kong dollars include fixed-rate or floating-rate bills and convertible bonds issued or fully guaranteed by the Government of the Hong Kong Special Administrative Region, the Exchange Fund, the Hong Kong Mortgage Corporation Limited, the MTR Corporation Limited, the Kowloon-Canton Railway Corporation, the Airport Authority of Hong Kong and other designated corporations, institutions or bodies wholly or partially owned by the Government of the Hong Kong Special Administrative Region; Or the company referred to in (a) above.
(c) Certificates of deposit-Hong Kong dollar certificates of deposit issued by authorized institutions prescribed in the Banking Ordinance. The certificate of deposit must be purchased not less than 12 months from the maturity date (in principle, the purchase date must be after the Immigration Bureau approves the investor participation plan). When these bills expire, they shall be replaced by certificates of deposit or other assets with a term of not less than 12 months).
(d) After debts-debts issued by authorized institutions under the Banking Ordinance and denominated in Hong Kong dollars.
Qualified collective investment plan
The Immigration Department may change the categories of approved investment assets listed above at any time without prior notice.
5. Investment management regulations
The authorities will formulate investment management regulations and change the norms (guidelines) of investment projects to ensure that investors' investment during the period of being allowed to stay in Hong Kong is not less than the amount stipulated in the entry plan for capital investors. In investing in financial assets, investors must open designated accounts with financial intermediaries to buy and sell the investment projects mentioned in part (II). Investors must sign an undertaking on the application form and agree to abide by the rules of this plan during their stay in Hong Kong under this plan.
6. Changes in the value of investment projects
When the total investment value is lower than the minimum HK$ 6,543,800+million, investors do not need to invest in any investment category to make up the difference. At the same time, if the value of the investment project is higher than the original minimum, investors may not withdraw capital gains. Investors can retain the rental income, cash dividend income and interest income from licensed financial assets of qualified properties, which are not regulated by the Capital Investor Access Plan. An investor is free to transfer his investment to different types of permitted investment assets (for example, from real estate to financial assets, or from financial assets to real estate), but he must reinvest all the proceeds from the sale of the original assets. Investors must record every change in their investment portfolio so that they can submit it when applying for extension of residence.
7. Family members coming to Hong Kong
Investors can bring their dependants (that is, spouses and/kloc-unmarried and dependent children under the age of 0/8) to Hong Kong, but they must be able to make a living and provide accommodation without relying on any income, work income or public assistance from approved investment assets in Hong Kong. However, when making an application, the dependant must abide by any other policies then applicable to his entry.
8. Entry arrangements
Approved investors and their dependants (if any) will be issued with visas/entry permits, which they can collect in person at the Immigration Department or hand over to them through Hong Kong consultants. The visa label should be affixed to the blank visa page of the travel document and presented to the immigration officer upon arrival in Hong Kong. If investors come to Hong Kong without proper travel documents, the Immigration Department will issue entry permits. The same arrangement applies to the families of investors.
9. Conditions of stay
After being approved in principle, investors can initially come to Hong Kong as tourists for three months. If evidence can be provided to prove that the relevant investment activities are being actively carried out in Hong Kong, their tourist status can be extended for three months. Investors will be allowed to stay in Hong Kong for two years (officially approved), and they have made the necessary investment after submitting the certificate. Investors can be allowed to extend their stay for two years if they can prove to the satisfaction of the Director of Immigration that they continue to meet the eligibility criteria and investment management requirements set out in the eligibility criteria and investment management provisions. According to this standard, investors can extend their residence for two years at a time. Investors and their dependants who have ordinarily resided in Hong Kong for more than seven consecutive years may apply for the right of abode in Hong Kong according to law.
Investors admitted to Hong Kong under the Hong Kong Investment Immigration Scheme must abide by special conditions of stay. If an investor violates any part of his undertaking to the Immigration Department, he can only stay in Hong Kong until the expiration of his stay, or within two months after the Director of Immigration decides that he has violated his undertaking, whichever is earlier.
China immigrants wish you success.
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