Why Citibank?
New Capital Investment Entrant Scheme (CIES) is a program launched by the Hong Kong SAR Government, effective from 1 March 2024, enables eligible individuals to relocate to Hong Kong through capital investment in the form of financial assets.
At Citibank, with our global network and profound expertise, stands as a leading financial institution dedicated to providing tailored solutions for CIES applicants. Our services are designed to support CIES applicants in every aspects of their financial journey, from scheme consultation to financial solutions, to serve the sophisticated needs of our clients. We are committed to elevate your experience and ensuring you a seamless journey to Hong Kong.
What is the new CIES and key features
What is the New Capital Investment Entrant Scheme (CIES)?
The New Capital Investment Entrant Scheme (CIES) presents an exceptional opportunity for high-net-worth individuals looking to embrace a new lifestyle in Hong Kong, one of Asia's most vibrant and dynamic cities. By making a capital investment of at least HKD30 million in Permissible Investment Assets, you can pave your way to residency in this global financial hub.
With Citibank as your trusted partner, you gain access to expert guidance and tailored investment solutions to help you navigate the process seamlessly. Once you fulfill the residency requirements and continuously satisfying the portfolio maintenance requirements under the CIES for not less than seven years, you and your dependents can apply for permanent residency.
Experience the unique blend of culture, business opportunities, and world-class living that Hong Kong has to offer. Invest in your future today and become part of a thriving community in this exciting city!
With Citibank as your trusted partner, you gain access to expert guidance and tailored investment solutions to help you navigate the process seamlessly. Once you fulfill the residency requirements and continuously satisfying the portfolio maintenance requirements under the CIES for not less than seven years, you and your dependents can apply for permanent residency.
Experience the unique blend of culture, business opportunities, and world-class living that Hong Kong has to offer. Invest in your future today and become part of a thriving community in this exciting city!
Who can apply for CIES?
What are the eligibility criteria of CIES?
What are the Permissible Investment Assets?
Above are the key features and process applying CIES for reference. For more information, please visit the website of New Capital Investment Entrant Scheme Office of the Hong Kong SAR Government.
CIES Application Procedure
Step 1
Net Asset Assessment
Net Asset Assessment
Net Asset Assessment
You are required to first approach New CIES Office for verifying whether you have fulfilled the Net Asset Requirement before you submit an Entry Application to Director of Immigration.
Step 2
Entry application – Approval-in Principle
Entry application – Approval-in Principle
Entry application – Approval-in Principle
You are then required to submit an Entry Application to Director of Immigration within the validity period of the certifying proof. If Approval-in-Principle is given after assessment from the immigration perspectives, Director of Immigration will grant a visa/entry permit to the Applicant for entering Hong Kong on visitor status for not more than 180 days for making the committed investment within the period.
Step 3
Assessment on Investment Requirements
Assessment on Investment Requirements
Assessment on Investment Requirements
Upon your completion of making the committed investment within the specified investment timeframe, you are required to approach New CIES Office for verifying whether you have fulfilled the Investment Requirements.
Step 4
Entry application: Formal Approval
Entry application: Formal Approval
Entry application: Formal Approval
You are then required to submit the certifying proof within its validity period to Director of Immigration, who will in turn resume the assessment on your Entry Application. Upon satisfaction from immigration perspectives, Director of Immigration will grant Formal Approval of the Entry Application.
Step 5
Assessments on Portfolio Maintenance Requirements
Assessments on Portfolio Maintenance Requirements
Assessments on Portfolio Maintenance Requirements
Upon expiry of the initial 24-month period, before you submit an application for extension of stay to Director of Immigration, you are required to first approach New CIES Office not earlier than 3 months before expiry of your limit of stay for verifying your continuous compliance with the Portfolio Maintenance Requirements.
Step 6
Extension of Stay
Extension of Stay
Extension of Stay
You and your dependents, where any, are required to submit an application for extension of stay to Director of Immigration before expiry of your limit of stay, notwithstanding the relevant certifying proof may have not yet been secured from New CIES Office.
Step 7
Permanent Residence / Unconditional Stay
Permanent Residence / Unconditional Stay
Permanent Residence / Unconditional Stay
You and your dependents, where any, upon a period of continuous ordinary residence in Hong Kong of not less than seven years may apply to Director of Immigration for becoming Hong Kong permanent residents in accordance with the law.
If you are unable to fulfill the continuous ordinary residence requirement while continuously satisfying the Portfolio Maintenance Requirement under the Scheme for not less than seven years, you and your dependents, where any, may apply to Director of Immigration for unconditional stay following the end of the seventh year.
If you are unable to fulfill the continuous ordinary residence requirement while continuously satisfying the Portfolio Maintenance Requirement under the Scheme for not less than seven years, you and your dependents, where any, may apply to Director of Immigration for unconditional stay following the end of the seventh year.
Ways to Bank
If you would like to learn more about our services, connect with us through below channels for latest market news, or contact us.
Citibank Hong Kong Banking Services WeChat Account
By following our experts via our Citibank Hong Kong Banking Services WeChat Account, you will stay informed about the latest trends and strategies for cross-border investments in the Greater Bay Area.
Learn More
Citibank Branch Locations
Come and visit any one of our Citibank branches to experience comprehensive banking & wealth management services.
Learn More
Contact Us
Your journey to wealth starts with just a simple conversation.
Learn More