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Good News | Congratulations to Mr. G for being granted Hong Kong Permanent Resident Status & Passpor

label: 2023-04-26

Xingyunhai International sent another good news.


Congratulations to Mr. G for successfully obtaining the Hong Kong Permanent Resident Identity Card and the Hong Kong Special Administrative Region Passport!


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01


basic situation


Mr. G applied for the Hong Kong Capital Investor Entrant Program through our company in 2014 and successfully obtained Hong Kong resident status.


In the follow-up, our company kept in touch with Mr. G, and reminded him to enter the country and guide visa renewal.


After Mr. G has been a Hong Kong resident for 7 years, out of trust and affirmation of Nebula International, he once again entrusted our company to apply for Hong Kong permanent resident identity card and Hong Kong SAR passport.


02


application process


During the period from 2020 to 2023, due to the impact of the epidemic, Mr. G did not travel to Hong Kong.


Because the usual residence time did not meet the standard, our company carefully sorted out the proof materials such as the normal operation of Mr. G’s Hong Kong company and the mainland company, multiple transactions, etc., and wrote for Mr. G from various aspects such as residence, family members and the past 7 years. Relevant instructions, explaining to the Immigration Department a reasonable reason for not being in Hong Kong.


Xingyunhai international team has many years of experience in applying for permanent residence in Hong Kong. In the end, Mr. G was approved by the Immigration Department and successfully applied for Hong Kong permanent resident identity card and Hong Kong SAR passport.


November 2022


submit application


January 2023


Completion


February 2023


notification interview


April 2023


Apply for documents


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03


The latest news on Hong Kong's new Capital Investment Entrant Scheme


Recently, Chen Haolian, Director of the Financial Services and the Treasury Bureau of the Hong Kong Agency, said:


The Hong Kong government is finalizing the details of the new scheme, which will largely follow the framework and application qualifications of the original "Capital Investor Entrant Scheme", and is expected to be launched within this year.


However, the new plan is different from the original investment plan. Chen Haolian mentioned relevant adjustments in the Legislative Council:


Consider doubling the investment amount, and specific requirements are being formulated;


In terms of investment scope, real estate investment is still excluded, and consideration is given to increasing asset classes other than financial assets that are beneficial to Hong Kong's long-term development, including innovative technology companies;


The Hong Kong government is ready to promote the investment immigration plan to the global ultra-high-net-worth population, and it is imperative to implement the plan.


Before the closure of the original "Capital Investor Entrant Scheme", it was 10 million, and the new investment amount is expected to start at least 20 million.


According to Hong Kong's current attractiveness to talents, industry insiders predict that there will be 8,000 applications in the first year, which is expected to attract more than 200 billion funds to Hong Kong.


Prepare application materials>>


? Proof of assets


Since the old institutional framework is used, the new plan will most likely require proof of assets, proving that in the two years before the principle is approved or formally approved, there is no less than the specified amount of net assets, such as global real estate, stocks, funds, bank deposits wait.


? Third country permanent residence status


The new investment plan is not open to mainland residents to apply, but mainland residents can first apply for a foreign green card with a lower threshold, such as the Vanuatu green card, and then apply for Hong Kong investment immigration.


In order to attract talents, the Hong Kong government, in addition to restarting the "Capital Investor Entrant Scheme", has also formulated a number of targeted entry schemes, such as the Excellent Talents Scheme, Professional Talent Scheme, and Gaocaitong Scheme, etc. → to help those who intend to work in Hong Kong , Residents obtain Hong Kong status.


As long as you are a qualified talent, you have the opportunity to have a Hong Kong identity! For details, please contact Xingyunhai International~

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