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They said it was gone for good. They lied...

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nomadcapitalist.com

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help@nomadcapitalist.com

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Wed, Mar 13, 2024 03:08 PM

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Did You Miss Out in 2015? Here's Your Second Chance Hi {NAME}, An old favorite, the Hong Kong Capita

Did You Miss Out in 2015? Here's Your Second Chance [image](=) Hi {NAME}, An old favorite, the Hong Kong Capital Investment Entrante Scheme (CIES), which was discontinued in early 2015, has been launched with effect form March 1, 2024. For many of us, the CIES has been one of the most intriguing programs while exploring the concept of "going where you're treated best." Its revival brings back a premium opportunity that was previously scrapped because Hong Kong felt it had an abundance of capital and did not need to attract more. Over the past few years, we've observed a diversification in residency options across Asia, with new programs rolled out in Cambodia, Indonesia, and changes to Malaysia's existing programs. However, none have quite matched the unique appeal of Hong Kong's approach, which favors significant capital investment over other forms of qualification. The CIES's potential return signals Hong Kong's desire to again open its doors to high-net-worth individuals looking to invest in a wide range of asset classes, excluding residential real estate. The initial investment threshold, set at 6.5 million HKD in the early 2000s and later increased to 10 million HKD, is expected to see a significant jump, reflecting both inflation and Hong Kong's aim to attract substantial foreign investment. This move comes at a time when Asia sees a surge in wealthy individuals looking for favorable investment climates and residency options, contrasting with more stringent policies in other regions. Hong Kong's strategy emphasizes attracting wealth and offering a tax-friendly environment that benefits investors, entrepreneurs, and those with substantial remote income. Despite the anticipated higher investment requirement, potentially tripling to 30 million HKD, the CIES offers a compelling proposition. It not only provides a residence permit but also access to one of the most dynamic financial centers in Asia, with favorable tax policies and a vibrant city life that many expatriates find appealing. The program's focus on investment rather than donation means that applicants have the opportunity to see a return on their investments, alongside enjoying the benefits of Hong Kong residency. This aspect, coupled with Hong Kong's strategic position in Asia and its tax-friendly environment for investors, makes the CIES an attractive option for those looking to diversify their residency and investment portfolios. As we await more details on the re-introduction of the CIES, we encourage you to consider the strategic benefits of Asian residency programs. Hong Kong's approach to welcoming investors aligns with our philosophy of seeking out jurisdictions that offer not just a place to live, but a place where your investments can thrive. Stay tuned for more updates on this and other residence opportunities around the world. Our goal is to provide you with all of the options when it comes to finding the best places for you to live, invest, and achieve your global lifestyle goals. In Freedom and Prosperity, The Nomad Capitalist Team = [Update Email Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623

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