After the launch of Hong Kong’s “New Capital Investor Entry Scheme” in March, the authorities reportedly received 753 applications, which is expected to bring in more than HK$22 billion (S$3.8 billion) in investment to Hong Kong.
According to reports (December 29), citing the latest data obtained from the Hong Kong Investment Promotion Agency, as of the 13th of this month, Hong Kong had received a total of 753 applications for the scheme, of which 595 were approved in principle and applicants can go to Hong Kong in person to invest.
According to reports, the Hong Kong government launched this scheme in March, allowing qualified persons to immigrate to Hong Kong through financial asset investment.
According to reports, when attending the Legislative Council meeting on the 5th of this month, Chan Ho-lim, Deputy Secretary for Financial Services and the Treasury, said that as of the end of November, more than 700 applications had been received, and it is expected that the investment that can be brought to Hong Kong will exceed HK$21 billion.