Hong Kong · Residency by investment

Capital Investment Entrant Scheme (original, 2003–2015)

Closed Last verified July 2026

Suspended with effect from 15 January 2015 and never reopened in its original form. It was replaced by the New CIES from 1 March 2024, which is materially different. The threshold is HKD 30m rather than HKD 10m, there is now a mandatory government portfolio contribution, and real estate treatment is far tighter.

This programme is closed. We keep the page up because agents still advertise it and clients still ask. Nothing below is available to new applicants.

We list this because the old HKD 10m figure, and worse, the outdated pre-2010 rule that residential property qualified, still turn up in advisory material and search results. Neither is current. Anyone citing HKD 10m for Hong Kong today is working from a decade-old brief.

Qualifying routes

10M HKD
Permissible investment assets (historic)

Raised from HKD 6.5m to HKD 10m in October 2010, when residential property was simultaneously removed from the permissible asset list

The facts

Minimum investment
10M HKD
Total landed cost
Historic figure: HKD 10m at suspension
Route type
Residency by investment
Physical presence
Historic
Permanent residency
Historic figure: 7 years
Citizenship
Not applicable
Language test
Not applicable
Dual citizenship
Not permitted. You would have to renounce.
What can go wrong
  • It has been closed since January 2015. The New CIES costs three times as much and works quite differently.
  • Residential property was removed from the permissible asset list in October 2010, five years before suspension, and only returned in a heavily capped form in 2024.
Sources (1)

Path to permanent residence and citizenship

Permanent residency. Historic figure: 7 years

Dual citizenship. Not permitted. You would have to renounce.

Frequently asked

What does the Capital Investment Entrant Scheme (original, 2003–2015) cost?

The minimum qualifying investment is 10M HKD. Historic figure: HKD 10m at suspension.

How much time must I spend in Hong Kong?

Historic.

Before you commit capital to this

Tell us your citizenship, your tax exposure and where your family wants to be in ten years. If this route is wrong for you, we will say so.

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