On February 10, 2015 I gave a talk at www.centreo.hk on my interpretation of the immigration policy changes announced by CY Leung earlier in January.
In this segment I discuss how the original objectives of Mainland applicants to use the Capital Investment Entrant Scheme actually failed to materialise for the vast majority of them who saw it as an easy ticket to a HKSAR passport.
How the Content Must Now Be Read in Light of the New CIES Policy
Our original commentary on the sudden January 2015 suspension of the legacy CIES examined Chief Executive CY Leung’s decision to halt passive wealth immigration. At the time, the government determined that importing passive capital—heavily concentrated in real estate and financial speculation—did not address Hong Kong’s core economic needs, prompting a policy pivot toward active talent and operating entrepreneurs.
A decade later, the policy landscape has undergone a deliberate recalibration with the launch of the New Capital Investment Entrant Scheme (New CIES). Rather than abandoning capital immigration, the administration revived the scheme with structural guardrails designed specifically to resolve the shortcomings that triggered the 2015 shutdown: residential property remains strictly excluded, the capital baseline is raised to HK$30 million, and a mandatory HK$3 million is ring-fenced into the state-backed Hong Kong Investment Corporation (HKIC) portfolio to fund local innovation and technology.
“The 2015 suspension was an inevitable correction against unbridled capital inflation without domestic yield. The New CIES reverses that closure by aligning private wealth directly with public policy, ensuring passive capital actively finances Hong Kong’s strategic technology ecosystem while granting investors a secure, rule-bound pathway to residency.”
CIES suspended!
On February 10, 2015 I gave a talk at www.centreo.hk on my interpretation of the immigration policy changes announced by CY Leung earlier in January.
In this segment I discuss the suspension of the Capital Investment Entrant Scheme and some of the machinations that went on which meant that the programme was destined to come to end, in the way that it did.
On November 28, 2014 I was invited by the good folks at General Assembly in Hong Kong to discuss the opportunities for their graduates to go about making an application for a Hong Kong work visa without paying for any professional help.
In this segment I discuss the issue of a job offer and its importance in the Hong Kong work visa application process.
Under the Hong Kong General Employment Policy, what’s the procedural difference if you are a Chinese citizen applying for a Hong Kong work visa (or any other type of visa for that matter) compared to the rules applying to non-Chinese foreign nationals?
QUESTION OF THE WEEK
I am a Chinese citizen currently enrolled in a French business school (presently resident in Paris) and I just got an internship offer from Hong Kong.
The application procedure for foreign nationals is quite clear already but I’d love to know if it’s different for Chinese citizens.
Is there any specific point I should pay attention to during the application process?
In this occasional series of commentary, I provide a peek inside our professional practice and offer a glimpse of what it’s like to be part of the Hong Kong Visa Centre team.
In this short piece, I discuss the ins and out of running the Hong Kong Visa Centre professional practice as a virtual business and the advantages it has for colleagues and clients – and the value we can deliver through not being bogged down with a mostly unnecessary fixed overhead.
I have given this talk around town for the last couple of years now and so pleased to finally add it to our coverage of the Hong Kong investment visa. In this segment, I take you through the 10 Must Have Resources which are included in the talk which allow you to make your application for a Hong Kong investment visa without paying for any professional help.
PRACTICE UPDATE: How the content must now be read in light of current ImmD policy:
Historical Editorial Standard: This foundational clearinghouse page serves as the ultimate self-help directory for intending entrepreneurs, curating checklists, procedural roadmaps, business plan templates, and argument blueprints designed to empower founders to secure a Business Investment Visa entirely unassisted. Historically, the entire resource suite was built around navigating ImmD’s flexible, discretionary approvability test: guiding applicants on how to articulate qualitative economic value, structure standard two-year financial projections, budget for modest initial operating capital (covering early runway), and leverage flexible premises (such as co-working memberships or serviced suites) to launch their ventures on a lean budget.
Comparative Reading Under the Upgraded Regime: The entire DIY toolkit catalogued on this page must now undergo a comprehensive structural overhaul, shifting from a flexible self-help guide to an exacting institutional audit manual. Prospective DIY applicants can no longer be told that standard templates, qualitative arguments, and lean-budget setups will navigate departmental review. Every checklist, argument blueprint, and document template across these resources must now mandate the post-April 2026 empirical baselines benchmarked against TTPS Category A operational standards: (1) immediate deployment of HKD 1.5M to HKD 2.0M in unencumbered liquidity into an active Hong Kong corporate account; (2) an executed commercial lease granting exclusive physical possession (“four walls”); (3) active payroll and MPF enrollment records for 2 to 3 local Hong Kong permanent residents at the point of adjudication; and (4) an audited three-year operational horizon. Crucially, the resource page must now carry a prominent threshold warning: unassisted DIY filing is strictly suitable only for well-capitalized, institutional-grade commercial ventures, while early-stage, bootstrapped tech innovators must be redirected away from standard GEP templates and toward government-backed incubation pathways (such as Cyberport or HKSTP) as their sole realistic route to approval.
The talk was graciously hosted at WYND Co-working Space, ran by a group of great people for whom I have a great deal of time.