This is an illustrative scenario: the people and details are for explanation only and are not a real client case. Every family’s outcome depends on its background and the policies in force at the time.
Background
Mr Tseng (pseudonym), Taipei, second-generation family business owner. He wanted Hong Kong as the base for managing the family’s wealth.
Main concern
He worried the investment rules would limit his asset allocation.
Our approach
We confirmed his net assets had met the threshold for the six months before applying, allocated HKD 27 million to shares, bonds and funds, and HKD 3 million to the CIES Investment Portfolio.
Process and outcome
He passed the net asset assessment, received residence and set up the family’s asset structure at the same time.
Adviser’s comment
CIES can be planned together with family wealth planning.
CIES application process
- Asset assessment (2–4 weeks): We review your proof of net assets and investment plan.
- Net asset assessment (Several months): Submit the application and pass the net asset assessment.
- Make the investments (Within the required period): Complete the permissible investments as required.
- Residence (After approval): Receive your visa and extend when the conditions are met.
Is this right for you?
Every family’s background and timeline is different. To find out whether a similar plan could work for you, book a free consultation with Global Immigrate.
Learn more: Hong Kong New Capital Investment Entrant Scheme (CIES)