Hong Kong Visas
Permissible Investment Asset Classes ( Applications submitted on or after 14 October 2010 )
The entrant should invest not less than HK$10 million* (For details, please click here) in one or a combination of the following permissible investment assets** :
- Equities - shares of companies that are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars.
- Debt securities - denominated in Hong Kong dollars including fixed or floating rate instruments and convertible bonds which are issued or fully guaranteed by the HKSAR Government, the Exchange Fund, the Hong Kong Mortgage Corporation, MTR Corporation Limited, Kowloon-Canton Railway Corporation, Hong Kong Airport Authority and other corporations, agencies or bodies wholly or partly owned by the HKSAR Government as may be specified from time to time; or by companies referred to under (A) above.
- Certificates of Deposits - denominated in Hong Kong dollars issued by authorized institutions as defined in the Banking Ordinance with a remaining term to maturity of not less than twelve months at the time of purchase (such purchase should take place after approval in principle has been given by the Immigration Department for the entrant to join the Scheme and that such instruments, on reaching maturity, should be replaced by Certificates of Deposits with a remaining term to maturity of not less than twelve months or by assets in other permissible investment asset classes).
- Subordinated debt - denominated in Hong Kong dollars issued by authorized institutions which satisfies sections 42(1) (e) and (g) of the Banking (Capital) Rules (Chapter 155L), a subsidiary legislation under the Banking Ordinance.
- Eligible Collective Investment SchemesNote - for the purpose of the Scheme as published and updated in the Immigration Department's website from time to time (Click here for the list).
Permissible Investment Asset Classes listed above are subject to change without prior notice. Entrants who wish to submit applications under the Scheme may refer to the Immigration Department's website regularly for up-to-date information.
|Note||An Eligible Collective Investment Scheme under the Scheme should be managed by a corporation licensed under Part V of the Securities and Futures Ordinance or be issued by an insurer permitted under the Insurance Companies Ordinance to carry on Class C business as specified in Part 2 of the First Schedule to the Insurance Companies Ordinance and invested as to at least 70% of its average net assets in permissible investment assets as specified in paragraphs (I) or (II) (A) - (D) above. An Eligible Collective Investment Scheme may be domiciled in Hong Kong or elsewhere, but it must be denominated in Hong Kong dollars and it must be a collective investment scheme authorized by the Securities and Futures Commission for sale to the public in Hong Kong.|
* The investment threshold (and Net assets or Net equity requirement) has been raised from HK$6.5 million to HK$10 million with effect from 14 October 2010.
** Real estate is suspended as a class of Permissible investment assets with effect from 14 October 2010.