Ten of the world’s most popular investor immigration schemes
By International Adviser, 17 Nov 15
With investor immigration programs rapidly rising in popularity around the world, the Global Investor Immigration Council publishes its latest report giving an overview of a number of investor visa schemes.
Hong Kong launched its Capital Investment Entrant Scheme for wealthy investors in 2003.
The program was introduced to boost the country’s ailing economy. Applicants were required to invest HK$6.5m ($840,000, £550,000, €790,000) in permissible investments.
In 2010, the threshold was raised to HK$10m. Real estate purchases were removed from eligibility, in a bid to curb rising property prices.
Suspended indefinitely
In January 2015, the scheme was suspended indefinitely. An Immigration Department spokesman said the move was made in an attempt to attract more professionals and “innovative entrepreneurs”.
In total, the scheme has brought more than HK$224bn in investment, through the granting of residency to 26,341 individuals.
Tags: Visa
