(Policy Address 2024) HK allows property investment in New Capital Investment Entrant Scheme

John Lee said on Wednesday that the New Capital Investment Entrant Scheme will be enhanced with effect today, with investment in residential properties now allowed provided that the transaction price of the residential property concerned is no less than HK$50 million.

The amount of real estate investment to be counted towards the total capital investment is capped at HK$10 million, he said.

In addition, investments made through an eligible private company wholly owned by an applicant will be counted towards the applicant's eligible investment with effect from March 1, 2025.