Government Relaxes CIES Asset Holding Period from 2 Years to 6 Months
The CIES requirement for holding at least HK$30 million in assets has been reduced from two years to six months, effective March 1, 2025. Investments through wholly-owned private companies will now count toward the qualifying investment amount.
The government announced updates to the 'New Capital Investment Entrant Scheme' (CIES) requirements, lowering the asset holding threshold. The measures will take effect from March 1, 2025. Applicants now only need to prove they hold net assets worth no less than HK$30 million within six months before the application, reduced from the previous two-year requirement.
Additionally, investments through an applicant's wholly-owned qualifying private company will count toward the scheme's qualifying investment amount. The government hopes this optimization will create synergy between the CIES and the establishment of family offices in Hong Kong.
Since its launch on March 1, 2024, the CIES has received over 800 applications in the first ten months, with 733 confirmed to meet net asset requirements and 240 confirmed to meet investment requirements. The government estimates this will bring over HK$24 billion in investment to Hong Kong.
原文網址：https://news.mingpao.com/ins/港聞/article/20250107/s00001/1736217424738