Hong Kong has close ties with Mainland China and also boasts the advantages of being an international financial center. Settling in Hong Kong makes it easy to balance both places, ensuring quality education for children and a high quality of life for the family, while maintaining various connections in the mainland. The Hong Kong Capital Investment Entrant Scheme requires applicants to maintain their investment for 7 years to obtain unconditional residency status. During these 7 years, there are actually no other requirements apart from maintaining the investment, which provides many individuals with a "buffer period" to gradually shift their focus in life, career, and assets. Immigration and settlement are more suitable with a soft landing. Many clients who immigrate to Europe and the United States still choose to obtain a Hong Kong identity, as Hong Kong offers convenient conditions for foreign Chinese to regain Chinese nationality. Many insist on obtaining Hong Kong identity for this reason.
At the end of the year, many people will pay attention to the trend of immigration and settlement in Hong Kong. The Hong Kong government publishes the annual Policy Address every 10 months, which is similar to a government work report. However, since Leung Chun-ying took office, this report has been delayed for three consecutive years until 1 month, where it is announced. Each year’s Policy Address includes extensive explanations on various aspects of people’s livelihoods and policies in Hong Kong, including the latest policy adjustments. Over the past 11 years, the Hong Kong investment immigration program has attracted immigration investments totaling 192.7 billion Hong Kong dollars. In 2013, nearly ten thousand applications were submitted, and in the face of a surge in applications in recent years, it is possible to raise the threshold, increase residency requirements, or temporarily close the program. This is because the last time Hong Kong chose to raise the investment amount from 650 thousand to 1,000 thousand, and Macau's immigration policy has already closed, so there are precedents for these options.
Hong Kong investment immigration has no quota restrictions, and all applications submitted will be accepted by the Immigration Department. However, the real risk in Hong Kong lies in the lack of a buffer when its immigration policies change; new policies can be announced today and implemented tomorrow, leaving no time for applicants to rush their submissions. Therefore, whenever the Hong Kong government takes action, applications from various regions will surge. Thus, WorldWay experts remind investors that if they plan to immigrate to Hong Kong, they should prepare early; the sooner the application is submitted, the more advantageous it is. According to current feedback from the Immigration Department, their application processing progress is relatively stable, and the timeline is quite reliable, but before 1 month, there will definitely be a large number of applications rushing to the Immigration Department before the deadline, which will also impact the department's workload.
As the president unit of the Hong Kong Investment Immigration Association, WorldWay Group is a pioneer in Hong Kong's investment settlement business, maintaining a 100% success rate. Meanwhile, WorldWay provides seven years of free renewal services for clients who successfully settle in Hong Kong, helping investors enjoy the advantages of a global free economy. For more details, please inquire at: 400-0907-099(WorldWay Comprehensive)
(International Financial News)
