Under has the "Capital Investment Entrant Scheme" (the "Scheme") launched by The Government of the Hong Kong Special Administrative Region ("HKSAR"), the eligible entrant has to invest not less than HK$10 million in Permissible Investment Asset Classes for residence in Hong Kong.
Scope of the Scheme
The Scheme is applicable to foreign nationals (except nationals of Afghanistan, Albania, Cuba and Democratic People's Republic of Korea), Macao Special Administrative Region residents, Chinese nationals who have obtained permanent resident status in a foreign country, stateless persons who have obtained permanent resident status in a foreign country (with proven re-entry facilities) and Taiwan residents.
To satisfy the criteria under the Scheme, the applicant must:
Be aged 18 or above when applying for entry;
Have net assets of not less than HK$10 million throughout the two years preceding his application;
Have invested within six months before submission of his application to the Immigration Department, or will invest within six months after the granting of approval in principle by the Immigration Department, not less than HK$10 million in Permissible Investment Asset Classes;
Have no adverse record both in Hong Kong and country/region of residence;
Be able to demonstrate that he is capable of supporting and accommodating himself and his dependants.
Permissible Investment Asset Classes
The applicant should invest not less than HK$10 million in the Permissible Investment Assets (including equities listed in Hong Kong, debt securities denominated in Hong Kong dollars, certificates of deposits denominated in Hong Kong dollars, subordinated debt issued by authorized institutions, eligible collective investment schemes).
For more information on the Scheme, please visit the website of the Immigration Department of HKSAR:
Service Scope of NCB's "Capital Investment Entrant Scheme" Account
Nanyang Commercial Bank is pleased to offer the successful entrant with a wide range of banking services:
Privileged NCB Wealth Management Services
Dedicated Personal Financial Services Manager assisting you to manage your account
Professional, tailor-made and one-stop wealth management services
Tailor-made investment plans both suit your needs and are permissible under the Scheme
Asset portfolio's report prepared and submitted to the Immigration Department on your behalf at designated time for your convenience
Free Enquiry Services: Our dedicated Personal Financial Services Managers provide you with free enquiry services on "Capital Investment Entrant Scheme", introducing requirements of the Scheme and assisting you with tailor-made investment plan which is permissible under the Scheme to suit your needs.
Enjoy preferential interest rate with specific deposit amounts.
Enjoy preferential brokerage fee for securities trading.
Enjoy monthly service fee waiver offer on NCB Wealth Management service for the "Capital Investment Entrant Scheme" Account Service period.
The above offers cannot be used in conjunction with other promotional offers.
Above promotional offers are bound by relevant terms and conditions. Nanyang Commercial Bank, Limited reserves the right to amend or withhold the above promotional offers and their related terms at its discretion without prior notice.
In case of any discrepancies between the Chinese and English versions of this material, the Chinese version shall prevail.
Should you have any queries on the services or offers, please contact any of our branches or call our Customer Service Hotline at (852) 2622 2633.
The information contained in this material does not constitute an offer, or any invitation to purchase or sell any investment product or service mentioned above. Although investment may bring about profit opportunities, each type of investment product or service comes with its own risks. Due to the fluctuating nature of the markets, the prices of products may rise or fall beyond customers' expectations and customers' investment funds may increase or decrease in value as a result of selling or purchasing investment products. Loss may equal or exceed the amount of the initial investment. Income yields may also fluctuate. Due to market conditions, some investments may not be readily realizable. Before making any investment decision, customers should assess their own financial position, investment objectives and experience, willingness and ability to bear risks and understand the nature and risk of the relevant product. For details of the nature of a particular product and the risk involved, please refer to the relevant offering documents. Customers should seek advice from an independent financial adviser.
Risk disclosure of Investment Funds
Risks are involved in investing in funds and unit trusts. The prices of funds and unit trusts may fluctuate, sometimes dramatically. The price of funds and unit trusts may move up or down, and may become valueless. It is likely that losses will be incurred rather than profits made as a result of buying and selling funds and unit trusts. Past performance is not indicative of future performance. You should carefully read the offering documents for details before making any investment decision.
Risk of Securities Trading
The prices of securities may fluctuate, sometimes dramatically. The price of securities may move up or down, and may become valueless. It is likely that losses will be incurred rather than profit made as a result of buying and selling securities.
Important Notice: To borrow or not to borrow? Borrow only if you can repay!