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Investment immigration policy of Hong Kong price of 6.5 million to 10 million

new immigration policy 6.5 million to 10 million real estate pause as permissible investment asset classes

the Government announced on October 13, 2010, after a review of the capital investment entrant scheme, from October 14, 2010 (the effective date) on the capital investment Entrant Scheme (plan) the following amendments should be made:

(a) the investment threshold will apply to come to Hong Kong under the scheme (and the net assets or net capital requirements) increased from 6.5 million to 10 million Yuan;

(b) to real estate pause as permissible investment asset classes under the plan.

(c) licensed to serve the insurance companies Ordinance referred to in part 2 of Schedule 1 of class c business insurer, grant served as financial intermediaries.

source: http://www.ImmD.gov.hk/Zhtml/cies_na.htm

purpose of the revised plan, is to ensure that the plan with the times and continue to serve the best overall interests of Hong Kong. In the review process, the Government has made reference to overseas anti-crime, related economic indicators as well as the views of the public and Legislative Council members.

amend the investment threshold (and net assets/net capital requirements) and suspension of listed real estate as permissible investment asset classes, does not affect the Immigration Department (ImmD) applications received on the effective date, including cases that have been approved or processed.

taking into account the transitional arrangements, such as the implications of the new application not less than 6.5 million yuan of investment (including real estate) to be completed within six months before the entry into force, while the applicant is in compliance with other qualifications, the application can be approved. Amend the program rules apply to these applications before the entry into force. As for any real estate investments transaction on or after the effective date, regardless of the amount, will not be accepted as permissible investment assets for the new application.

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