Authored by: Jingjing Jiang and Cindy Shek
As one of the series of policy measures to attract high-net-worth individuals, new capital and talent pool, the Hong Kong SAR Government (Government) announced the details of the new Capital Investment Entrant Scheme (CIES) on 19 December 2023. Its aim is to bring a substantial boost to Hong Kong’s economic growth and to strengthen Hong Kong’s position as an international financial hub. It is expected that the CIES will be officially launched in mid-2024.