New Capital Investment Entrant Scheme (CIES) launched

A revamped Capital Investment Entrant Scheme launched on 1 March 2024 — distinct from the original CIES which was suspended in 2015. Minimum investment HKD 30 million (~US$3.8M) into a portfolio of permissible investments (Hong Kong-listed equities and debt, qualifying CIES-eligible investment funds, plus a HKD 3 million contribution to the CIES Investment Portfolio). Initial 2-year residence; renewable; path to Permanent Residence after 7 years.