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Hong Kong’s ‘Capital Investment Entrant Scheme’ (CIES) was launched in Oct 2003 as a way for Foreign Nationals to gain residency by making a capital investment in Hong Kong rather than establishing a business here. Entrants are offered a choice of investment from a list of Permissible Investment Assets ( PIA) prescribed by the HK Government.
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| Recent Amendments |
Following a recent review of the scheme, the Government announced on October 13, 2010 that, the following key amendments will be made to the CIES with effect from October 14, 2010.
| i. |
The threshold of investment (and Net assets/Net equity requirement) for admission to Hong Kong under the CIES is raised from HK$6.5 million to HK$10 million; and |
| ii. |
Real estate is suspended temporarily as a class of Permissible Investment Assets. |
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Tyche Service |
| As an independent financial advisor, we offer : |
- Advice on the best and most suitable investment products to the applicant;
- Regular review the portfolio and make pro-active adjustments in order to achieve a better investment return.
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Why Tyche |
| Since inception in 2001, the Tyche Group can proudly claim to have established itself as one of the premier independent investment and financial advisory firms in Hong Kong. We specialize in providing quality financial planning, management of investment portfolios, MPF and pension consultation services. Tyche is widely recognized and frequently interviewed by international financial media like CNBC, Bloomberg, and Now TV Finance etc. |
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| Various Investment Choices |
| 7 mutual funds and 5 ETF which includes bonds , Hong Kong and China quities |
| Professional Advisory Services |
| Portfolio is managed by licensed and experienced investment advisor |
| Simple & Convenience |
| The related assets will be reported to the lmmigration Department by dedicated agency |
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| Scope of the Scheme |
The Scheme is applicable to:
| (a) |
foreign nationals (except nationals of Afghanistan, Albania, Cuba and Democratic People's Republic of Korea); |
| (b) |
Macau Special Administrative Region (Macau SAR) residents; |
| (c) |
Chinese nationals who have obtained permanent resident status in a foreign country; |
| (d) |
stateless persons who have obtained permanent resident status in a foreign country with proven re-entry facilities; and |
| (e) |
Taiwan residents. |
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| Permissible Investment Asset Classes |
The entrant should invest not less than HK$10 million* in one or a combination of the following permissible investment assets
• Equities
• Debt Securities
• Certificates of deposit
• Subordinated debt
• Eligible Collective Investment Schemes
(http://www.immd.gov.hk/chtml/hkvisas_13_6.htm)
• Investment Link Insurance
(Will be launched in 2011) |
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| Statistics on the Capital Investment Entrant Scheme |
| Breakdown of the Applicants under CIES (as at 30-9-2010) |
| Applicants |
Received |
Approval-in-principle granted |
Formal Approval granted |
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2046 |
123 |
1078 |
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335 |
16 |
215 |
| Chinese nationals with permanent residence overseas |
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11240 |
1075 |
6570 |
| Stateless persons with permanent residence in a foreign country |
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3 |
0 |
0 |
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478 |
15 |
288 |
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14102 |
1229 |
8154 |
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| Breakdown of Investment Classes in Formal Approval Cases (as at 30-9-2010) |
| Permissible investment asset class |
Total Assets |
Percentage |
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HKD 189.7M |
32.8% |
| Specified Financial Assets |
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HKD 388.5M |
67.2% |
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