InvestHK: New Capital Investor Entrance Scheme expected to bring in over HK$15 billion

According to ChainCatcher, Invest Hong Kong said that the new capital investment entry program has received a warm response since its launch on March 1. As of the 13th of this month, it has received more than 500 applications and more than 5,000 inquiries, and it is expected to bring more than HK$15 billion of investment to Hong Kong. Among them, 448 applications have been verified to meet the net asset requirements, that is, the applicant has proved that he has a net asset of not less than HK$30 million in the two years before submitting the application; 47 applications have been verified to meet the investment requirements, that is, the applicant has completed an investment of HK$30 million in Hong Kong within the six-month deadline. Liu Kaixuan, Director of Invest Hong Kong, said that the increase in the number of applications for the "new program" reflects the confidence of high-net-worth individuals in Hong Kong, which has attracted experienced businessmen and innovative entrepreneurs, enhancing the development advantages of Hong Kong's asset and wealth management industry. (Hong Kong Government News Network)