Yu Fung Family Office Management Services and Yu Fung Broker were Invited to Attend the Closed-door Seminar on the Capital Investment Entrant Scheme (CIES) of the InvestHK of the Hong Kong Special Administrative Region Government

On 4 January 2024, Yu Fung Family Office Management Services and Yu Fung Broker attended a closed-door seminar organised by InvestHK on the forthcoming New Capital Investment Entrant Scheme (New CIES). Led by Roy Wu, the team discussed the proposed scheme and its relevance to high-net-worth clients.

Subsequent policy developments: 2024–2025

• The New CIES opened for applications on 1 March 2024. It seeks to attract eligible investors to invest in and settle in Hong Kong.
• The following policy information describes developments after the January 2024 seminar and should not be read as information already available on the event date.
• Under the scheme’s launch requirements, eligible applicants had to demonstrate net assets of at least HK$30 million and make the required investment: HK$27 million in permissible investment assets and HK$3 million in the CIES Investment Portfolio.
• The scheme forms part of Hong Kong’s efforts to develop its asset and wealth management sector and attract global asset owners.
• Enhancements introduced from 1 March 2025 adjusted aspects of net asset assessment and permitted investment through eligible private companies, subject to the scheme’s detailed requirements.
• InvestHK and the Immigration Department administer the scheme’s respective investment and immigration requirements.

Yu Fung’s participation

• The seminar helped the team understand the proposed policy and the questions that prospective applicants might need to consider.
• Family-office administration, wealth-planning support and insurance brokerage can address different aspects of a client’s needs. Each service and its provider must be considered separately.
• Any application or investment decision should be assessed against the applicable official rules and the applicant’s circumstances.

Hong Kong’s business environment

• The New CIES is intended to attract capital and eligible investors and support Hong Kong’s asset and wealth management sector.
• It sits alongside policies supporting family offices, innovation and broader economic development.
• Eligibility, permissible assets and assessment arrangements may change. Applicants should consult the official scheme requirements applicable to their application.

Participation in the seminar reflects Yu Fung’s interest in understanding policy developments relevant to clients. It does not constitute government endorsement or a guarantee of application approval.