[Peninsula Metropolis Daily] Calculate Two Accounts for Investment and Settlement in Hong Kong—An Exclusive Interview with Dr. Xing of Worldway

On November 1, the Hong Kong Investment and Settlement Seminar in Qingdao was successfully held at the InterContinental Qingdao. After the event, a reporter from the Overseas Lecture Hall of the Peninsula Metropolis Daily conducted an exclusive interview with Dr. Xing Xinli, President of the Hong Kong Investment Immigration Association and President of the Worldway Group.

 

Reporter: Hello, Dr. Xing, it is a pleasure to interview you. As we know, the asset requirements for Hong Kong investment and settlement are relatively high, and the United States and Europe are quite popular in the overseas market. In your view, what are the advantages of Hong Kong? Can it compete with them?

 

Dr. Xing: The value of investment immigration is twofold. One is the social value of obtaining immigration status, and the other is the economic value of investment returns. Therefore, for investment immigrants, it is essential to calculate two accounts: social value and economic value.

 

Regarding Hong Kong investment immigration, the first aspect is its social value. Its greatest advantage is that it allows for the rapid acquisition of Hong Kong status for the whole family through a simple investment method. Before the Hong Kong investment immigration policy was introduced, it was very difficult for mainland residents to obtain Hong Kong status; it could only be achieved through marriage, long waiting periods, or work visas, making approval very challenging.

 

What benefits can Hong Kong status bring to investors? China operates under the "One Country, Two Systems" principle. Compared with other countries, the biggest advantage of obtaining Hong Kong status is the ability to retain one's original Chinese nationality, meaning life and career in the mainland remain unaffected, while simultaneously enjoying all the welfare and benefits afforded to Hong Kong residents. Additionally, for mainland investors engaged in WorldWay, using Hong Kong as a business hub is excellent. Hong Kong's British-based legal system creates a superior business environment, and its simple tax system with low tax rates makes it very suitable as a center for commercial operations, which is highly beneficial for conducting WorldWay.

 

From the perspective of the investment value of Hong Kong investment immigration, financial investment certainly carries risks. Worldway has now launched bond products with guaranteed principal and returns, where the principal can be safely returned after 7 years. This product is guaranteed by a listed company and offers a fixed annual return of 5%–7%. For investors, this return is far higher than the inflation rate, which helps in the appreciation and preservation of the investor's assets. Now that the US dollar is entering an upward channel, and the Hong Kong dollar is pegged to the US dollar, investing in Hong Kong dollar assets is, in a sense, correlated with investing in US dollar assets. Therefore, it is also excellent for the rational allocation of assets. Thus, Hong Kong investment immigration is a very good investment immigration opportunity in terms of both social and investment value.

 

Reporter: For those who have the need, what are the requirements for the Hong Kong Capital Investment Entrant Scheme?

 

Dr. Xing: The Hong Kong government defines Hong Kong investment immigration through the legal document known as the "Capital Investment Entrant Scheme." For mainland investors, there are 3 essential requirements.

 

First, you must obtain permanent residency in a third country to apply for Hong Kong investment and settlement; you cannot invest directly for settlement in Hong Kong. Worldway provides a one-stop service in this regard, typically helping investors obtain third-country permanent residency that meets the requirements of the Hong Kong Immigration Department in about 7-10 days.

 

Second, investors must possess net assets of no less than HKD 10 million for the two years prior to the application. As long as it is held under your name, there is no need to prove the source; the assets can be in the form of cash, equity, bonds, real estate, etc.

 

Third, you must have sufficient cash to make an investment of HKD 10 million, which is approximately RMB 7.8 million, for a period of 7 years.

 

Reporter: Many people are concerned about Hong Kong's education, medical care, and other living environments. What is the situation in this regard?

 

Dr. Xing: First, let me introduce Hong Kong's education. Many Chinese people look far away to Europe and America, and children may feel lonely. However, Hong Kong is very close to the mainland, and the educational environment is excellent. According to the latest world university rankings in the top 200 published by The Times Higher Education, Hong Kong has 4 universities in the top 200 (the mainland has only 2). The United States has one top 200 university for every 4.05 million people, while Hong Kong has one for every 1.75 million people; therefore, Hong Kong's higher education resources are very abundant. Primary and secondary education is also very good. Hong Kong implements 12-year free public education for primary and secondary schools and follows the principle of enrollment in nearby schools, which is very fair.

 

Reporter: Hong Kong schools use three languages for teaching. Which language is the primary one?

 

Dr. Xing: Local schools primarily use Chinese, with English as a supplement. There are two types of national schools: one is bilingual education, where both Chinese and English reach native-speaker levels; the other is English-based, with Chinese as a supplement. Therefore, children and parents can choose according to their future plans.

 

In addition, Hong Kong's early childhood education is excellent, with a humanistic approach. From teachers to everyone who comes into contact with the children, they are very attentive, which is very beneficial for the physical and mental growth of children in a loving environment. Furthermore, there is no heavy academic burden from primary to secondary school, and there is a strong emphasis on quality education.

 

Reporter: The procedures are very troublesome. What are the advantages of Worldway?

 

Dr. Xing: Hong Kong investment immigration does not require an explanation of the source of funds; you only need to possess the assets. In terms of procedures, this is also the most basic requirement for overseas investment immigration. Advantage one: Worldway is the earliest agency in China to handle Hong Kong investment immigration, possessing rich experience and a professional team.

 

Two, Worldway's headquarters is in Hong Kong, and our services are very comprehensive. The Hong Kong Immigration Department will require Hong Kong accounting firms to re-audit our asset holdings. We have close relationships with Hong Kong accounting firms, and to date, Worldway has maintained a 100% success rate for 11 consecutive years.

 

Three, Hong Kong investment requires a 7-year term, and assets must be declared annually. For status renewal, Worldway's headquarters is in Hong Kong. We provide thoughtful follow-up services, including the renewal of immigration status, property declaration, medical care, insurance, children's enrollment, and further education—all services involving new immigrants. We provide 7 years of free service without any additional fees.

 

Reporter: What was the purpose of establishing a branch in Qingdao? What were the considerations?

 

Dr. Xing: Before the Qingdao company was established, many clients went directly to our Hong Kong or Macau offices to apply for investment immigration. Clients suggested to us that there were many clients in Qingdao, so why not set up a company in Qingdao? This would make our services more comprehensive. Therefore, we listened to the clients' suggestions and conducted extensive market research in Shandong and the Jiaodong region, finding that the client demand was indeed very high. Under these circumstances, our Qingdao company was established; it can be said that the clients came first, followed by the demand.