What are the procedures for immigration?

(a) the necessary conditions of the applicant

(1) China mainlanders must obtain permanent residency in foreign countries before they can apply for investment immigration in Hong Kong.

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(2) The applicant 18 years old, with no bad record.

(3) The net assets of the applicant in the two years before the application are not less than HK$ 6.5 million.

(2) Documents to be submitted by the applicant.

A. identification documents;

B. The net assets held for two years shall be no less than HK$ 6.5 million;

C. Purchase real estate or financial assets in Hong Kong according to the plan;

D. power of attorney;

E. application form [ID(C)967, ID(C)936A, b, I].

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Invest and immigrate to Hong Kong.

In 2003, the Hong Kong government launched the investment immigration plan. The purpose of this plan is to absorb world capital and let people with economic strength from all over the world bring capital to Hong Kong, thus promoting Hong Kong's economic development. All investors and their families can obtain a temporary residence permit in Hong Kong, and when investors have lived in Hong Kong for seven years, they can obtain permanent residence status in Hong Kong.

This plan allows investors to choose their favorite investment projects from the approved investment asset categories, without starting or jointly organizing business, and gives investors a very relaxed investment method and environment.

Scope of application of the plan

This program 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;

(e) Residents of Taiwan Province Province.

Qualification standard

Investors must meet the following criteria before they can apply to come to Hong Kong under the scheme:

(a) He/she has reached the age of 18 when applying to come to Hong Kong under this scheme;

(b) Its net assets in the two years before the application are not less than HK$ 6.5 million;

(3) investing not less than HK$ 6.5 million in the approved investment assets 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;

(d) It has no bad record in Hong Kong and its place of residence;

(e) Be able to prove that he has the ability to support himself and his dependants and provide shelter without relying on any income from investment assets approved in Hong Kong or public assistance.

Types of permitted investment assets

Investors are required to invest not less than HK$ 6.5 million in one or two of the following permitted asset classes:

First, real estate.

Investors can invest in commercial, industrial or residential properties in Hong Kong, including land and uncompleted flats. There is no limit to the number of properties purchased under the stay in Hong Kong plan.

Second, financial assets.

Investors can invest in one or more of the following financial assets: stocks, bonds, certificates of deposit, post-debt and qualified collective investment plans.

The Hong Kong Immigration Department may change the categories of approved investment assets listed above at any time without prior notice.

Changes in the value of investment projects

If the total investment value is below the minimum of HK$ 6.5 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 subject to the norms of the plan. An investor can transfer his investment to different permitted investment categories at will (for example, from real estate to financial assets, or from financial assets to real estate), and only 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.

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 or public assistance from Hong Kong's approved investment assets. However, when making an application, the dependant must abide by any other policies then applicable to his entry.

Conditions of stay

After being approved in principle, investors can initially come to Hong Kong as tourists for three months. If you can provide evidence to prove that you are actively engaged in relevant investment activities in Hong Kong, your visitor 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. If investors can prove that they continue to meet the qualification standards and investment management regulations, they can be allowed to extend their stay for two years. 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.