Hong Kong’s New Investor Visa Program Attracts Over HK$10 Billion Inflows
Hong Kong is making strides in attracting wealthy individuals and families back to its shores, competing with other global hubs like Singapore and Dubai. According to government figures, over HK$10 billion ($1.28 billion) has flowed into Hong Kong through a new investor visa program.
The Capital Investment Entrant Scheme has seen a significant number of visa applications approved in record time, with 339 applications received between March and June. Of those, 88 have been approved in principle for 180-day visas, while three have already been fully approved for investments totaling HK$30 million.
This influx of investment comes at a crucial time for Hong Kong, which has faced challenges due to lockdowns and other setbacks. The city is eager to regain its status as a premier destination for the wealthy and their families, especially as rival locations like Dubai and Singapore have been ramping up their own offerings to attract high-net-worth individuals.
Hong Kong's new investor visa regime is proving to be a success, with a significant amount of capital flowing into the city. As the government continues to streamline the application process and attract more investors, Hong Kong is well-positioned to reclaim its status as a top destination for the wealthy.
Hong Kong’s New Investor Visa Program Attracts Over HK$10 Billion Inflows
Wealthy Individuals Flee UK for Italy’s Allure
Wealthy Individuals Flee UK for Italy’s Allure
Explore the trend of affluent individuals relocating to Italy from the UK and beyond, seeking new opportunities and lifestyle enhancements.
![](https://sunetmost.com/uploads/noidung/thumb/wealthy-individuals-flee-uk-for-italys-allure-0-338.png)
Vontobel Acquires Significant Minority Stake in London’s Ancala Partners
Vontobel Acquires Significant Minority Stake in London’s Ancala Partners
Vontobel completes acquisition of stake in Ancala, a leading private infrastructure manager based in London. Stay updated on the latest investment news.
![](https://sunetmost.com/uploads/noidung/thumb/vontobel-acquires-significant-minority-stake-in-londons-ancala-partners-0-182.png)
Bain Capital to Acquire Envestnet in $4.5B Deal
Bain Capital to Acquire Envestnet in $4.5B Deal
Bain Capital's acquisition of Envestnet will take the wealth technology platform private, closing in Q4. Stay updated on this $4.5B transaction.
How to Use Debt to Build Wealth: A Strategic Guide
How to Use Debt to Build Wealth: A Strategic Guide
Learn how to use debt to build wealth wisely and achieve financial goals. Understand the difference between good and bad debt for long-term success.
Discover the Top Wealth Management Technology Trends 2024
Discover the Top Wealth Management Technology Trends 2024
Explore the evolving landscape of wealth management technology trends 2024, driven by customer-centric innovation to meet growing consumer expectations in the financial services industry.