Hong Kong’s new investment immigration scheme has drawn nearly 3,200 applications, with an anticipated financial commitment of about HK$95 billion for the city since its launch two years ago, officials said.
The New Capital Investment Entrant Scheme aimed to attract global high-net-worth individuals and capital inflows to the SAR saw 3,166 applications as of last month, Invest Hong Kong said.
Among them, more than 1,760 have completed investments and received "formal approval" from the Immigration Department, according to a statement on Monday.
As for capital distribution, nearly 40 percent of the money, or HK$21.4 billion, was invested in the funds approved by the Securities and Futures Commission, followed by HK$16.1 billion, or 29 percent, in equities. Investment in debt securities and investment-linked assurance schemes each accounted for HK$5 billion, or nearly 10 percent, to the total.
InvestHK is actively supporting the work of the Hong Kong Investment Corporation on an investment portfolio that supports local innovation, technology, and strategic industries.
The 2025 batch of capital commenced capital allocations this quarter, with investments exceeding HK$3 billion, the statement said.
Each scheme applicant is required to contribute at least HK$3 million to the fund that will be strategically deployed in themes, including AI-enabled applications, sustainable technologies, materials science, and biotechnology.