Must have net assets/equity absolutely
and beneficially entitled to HK$10 million
net throughout the 2 years immediately
prior to application
Capable of supporting himself and dependents (spouse and children to max age 18 years) without relying on any return on the investment, or employment or business in HK
Meet character and security requirements
Funds to be invested in one or a combination
of the following permissible investment
assets:-
1.
Equities-shares of companies listed on the HK stock exchange
2.
Debt Securities- HK Dollar fixed or floating bonds issued or fully guaranteed by the HKSAR, HK Mortgage Corporation, MTR Corporation, KCR Corporation, HK Airport Authority and companies referred to in i) above
3.
Certificates of Deposit: issued by authorised banks with a remaining term to maturity of not less than12 months and thereafter replaced by CD’s of not less than 12 months at a time.
4.
Subordinated Debt: In HK $ and issued by authorised HK institutions
5.
Collective Investment Schemes: see www.immd.gov.hk for details
Note:
Real estate is suspended temporarily
as a class of Permissble Investment
Assets (PIA) under the CIES.
