2015 marks the beginning of a new year, and the date for the release of the Hong Kong government's Policy Address is drawing near. Visas United immigration experts, with many years of experience in investment immigration, look back at the "past and present" of Hong Kong's investment immigration policy, which has been full of ups and downs.
To stimulate the economy and attract investment, the Hong Kong government first launched the Capital Investment Entrant Scheme in 2003. In its inaugural year, there were only over 400 applications, with fewer than 300 cases approved. Even by the fourth year, the annual number of applications had not yet reached 1000. However, the first to seize the opportunity gradually reaped the rewards. The first group of clients who purchased Hong Kong real estate and financial investment products at low prices back then have seen their capital invested in Hong Kong appreciate several times over. The number of applicants in 2007 more than doubled compared to the previous year, and in 2008, it grew even more dramatically to more than three times the number in 2006.
Just as the tide of interest was rising, in October 2010, the Hong Kong government announced a policy adjustment in its Policy Address, significantly raising the program's threshold from HK$6.5 million to HK$10 million, and removing the popular real estate investment category from the range of optional investments, requiring applicants to invest only in specified financial products. The policy changed overnight, the market cooled, and some people began to re-evaluate the value of settling in Hong Kong through investment. Although the heat subsided somewhat, it could not deter investors with rigid demands, as the application records have been broken almost every year in recent years. In 2012, Hong Kong accepted 6508 applications, and the total number of applications received in 2013 reached 9227, accounting for one-third of the total for the year 2010. The influx of a large number of immigrants has also brought in huge funds, becoming a major pillar of Hong Kong's financial market; today, the government intends to focus on developing the bond market, and immigration has become the most useful tool at hand.
A look back at history makes it clear that the sooner one invests in Hong Kong immigration, the more advantageous it is, especially when changes in policy require seizing the opportunity in a timely manner. As the 2015 Hong Kong Chief Executive's upcoming Policy Address regarding new investment and settlement policies approaches, the number of investors consulting Visas United about Hong Kong investment and settlement has also exploded. As an immigration agency headquartered in Hong Kong and the first to promote Hong Kong investment and settlement projects in Mainland China, Visas United Group is familiar with Hong Kong's legal system and possesses a first-class Hong Kong customer service team deeply influenced by Hong Kong's century-old white-collar culture, along with a comprehensive customer service system. Visas United provides clients with over twenty types of follow-up services spanning seven years, including investment consulting, resettlement, property purchase, schooling, childbirth, business operations, finance, and taxation. Whenever clients encounter any problems in Hong Kong, they can contact the Visas United Hong Kong office at any time to enjoy 24-hour comprehensive customer service.
"Among investors racing to catch the last train for Hong Kong investment and settlement, capital-protected and yield-guaranteed financial products have been favored by many, as they do not need to take on investment risks to obtain permanent residency in Hong Kong." To learn more about Hong Kong's investment policies and product information, please inquire at 400-138-2929
