Hong Kong to relax among new cies in 2025 to attract investors with a high network value

The Hong Kong government has presented important improvements to its Capital Investment participant (New Cies), which is effective of March 1, 2025 to strengthen its position as a global hub for asset and asset management.

The updated rules make it easier to submit the net assets requirement (NAR) and enable applicants to prove net assets of $ 30 million over six months – expiry of two years. In addition, assets that are held together with family members can now be included, provided that the applicant has an absolutely advantageous claim for his part.

Investments made by justified private companies will also qualify. These must belong entirely in the possession of the applicant and, as family-run investment holding vehicles (FIHVS) or in family-run special palette (FSPES) under FIHVS, as defined according to the tax law of Hong Kong. This improvement aims to reconcile new cies with the city's broader advance in order to attract global family offices.

“The new cies have attracted individuals, business elites and innovative entrepreneurs with a high network,” said Christopher Hui, secretary for financial services and the Ministry of Finance. “These measures will encourage more investors to join the system and create synergies with the tax concession regime for family offices.”

In the first 10 months of the new cies, almost 7,000 inquiries and over 800 applications were found. Among these, 733 applicants have met the NAR and 240 have already invested the required HK $ 30 million. The expected capital inflow exceeds HK $ 24 billion.

The general director of the investment promotion, Ms. Alpha Lau, added: “This reflects the strong trust of investors in Hong Kong. We will continue to work closely with experts and service providers to promote the system worldwide.”