Hong Kong’s enhanced New Capital Investment Entrant Scheme (NCIES) is rapidly reestablishing the city as a premier hub for global investor migration. Since its relaunch in March 2024, the program has attracted over HK$21 billion in capital inflows—marking a powerful comeback for one of Asia’s key financial gateways.
As of the latest figures, the program has received 1,548 applications and approved 673. Government forecasts now predict the scheme will draw HK$30 billion by the end of 2025, with momentum continuing to accelerate.
Residency Through Strategic Investment
The NCIES allows high-net-worth individuals to obtain residency in Hong Kong by investing a minimum of HK$30 million (approx. US$3.8 million) in approved financial assets. Eligible investments include:
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SFC-regulated funds (currently the most popular, representing 40% of investments)
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Publicly listed stocks (30%)
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Government and corporate bonds (over 10%)
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Additional options: linked assurance schemes and REITs (real estate investment trusts)
This diversified asset structure offers global investors a stable and transparent framework in one of the world’s most dynamic markets.
Policy Reforms Fuel Application Surge
In March 2025, regulatory updates to eligibility criteria led to a dramatic increase in application approvals. In just two months (March–April 2025):
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339 applications were reviewed
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171 approvals were granted
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Up from a monthly average of 31 prior to the reforms
These changes have significantly streamlined the approval process, increasing efficiency and investor confidence.
Property Option: A Niche Route
Since October 2024, the program has also allowed investments in single residential properties valued at HK$50 million or more, provided the real estate cap of HK$10 million is observed.
While uptake remains limited, this pathway offers diversification for investors seeking exposure to Hong Kong’s high-end real estate market alongside financial instruments.
For those exploring European residency options, check out our detailed guide on Malta Citizenship by Investment: Your Path to Europe for valuable insights.
Outlook: HK$50 Billion in Sight
Driven by strong demand and regulatory clarity, Hong Kong authorities now project that the total investment under the NCIES could surpass HK$50 billion (US$6.4 billion) by the end of 2025.
This resurgence affirms Hong Kong’s position as a preferred jurisdiction for global investors seeking residency in a low-tax, high-growth, financially mature environment.
Why Global Citizens Are Looking to Hong Kong
With no wealth or capital gains tax, a stable banking system, and access to the Greater Bay Area economy, Hong Kong offers unmatched advantages for entrepreneurs, investors, and family offices. The NCIES provides:
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Residency through diversified financial assets
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A transparent and efficient process
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Strategic entry into one of Asia’s most internationally connected business ecosystems
Let Become Global Citizen Guide You There
At Become Global Citizen, we specialize in helping high-net-worth individuals leverage residency-by-investment programs like Hong Kong’s NCIES to secure mobility, asset protection, and global reach.
From investment structuring to application navigation, our team ensures your transition is seamless, compliant, and aligned with your long-term goals.
Ready to explore Hong Kong’s investor visa?
Contact us today for a personalized consultation or visit BecomeGlobalCitizen.com to learn more.
Contact us today via email, or connect with us on WhatsApp to learn more about the Hong Kong Investor Visa, which has attracted over HK$21 billion in just five months. Our experienced team will guide you through every step, ensuring a smooth and hassle-free process while you explore the lucrative investment and residency opportunities this program provides.