
Hong Kong Relaxes CIES Net Worth Requirement Amid Other Changes
Hong Kong scraps sole ownership requirement and expands qualifying assets under new CIES guidelines

Hong Kong scraps sole ownership requirement and expands qualifying assets under new CIES guidelines

HKIC will divide HK$600 million equally among the four managers next quarter. Siren Chen says the government seeks “optimal returns.”

Siren Chen compares the NIV’s nomination process to similar programs in Canada and the United States, noting distinct requirements

Indonesia says Golden Visa averages US$1.2M in investments per application, brings in over half a billion USD in first 4.5 months

James Hall says the government will drop English requirements, add new investment options, and maintain access to new property developments

Vanuatu’s citizenship program is on track for US$60 mil in 2024 revenue, though the new Nauru CIP could reshape the Pacific CIP landscape

HKIC targets HK$300 million for its CIES investment portfolio by year-end, sets December deadline for fund manager applications

670 investors applied for Hong Kong’s revamped visa program in 9 months, projections show it may reach only 18% of annual target

EU Parliament says “this is the first time ever the EU has revoked a third country from the visa-free list.”

Thailand Privilege Card new memberships growth drops to 7,305 in 2024 after hitting 11,245 in the previous year

USD5K annual agent license, USD25K commission per file: Nauru’s new CIP details revealed in an interview with IMI

Chinese and UK applicants lead the pack as 450 successful applicants secure Sarawak RM90 mil in deposits ahead of the upcoming changes

Nauru has launched its CIP, offering citizenship from US$140,500 all-in. Henley & Partners is the master agent.

Sarawak changes S-MM2H deposit threshold, income rules, new fees, and agent licensing criteria from January 1, 2025.

Siren Chen explains why significant economic contributions alone isn’t enough to gain Singapore PR, and what’s really needed to get approved.

Siren Chen says it’s better to curb your enthusiasm: The Elite Card promises a golden ticket, but with a NT$6M salary cap, few can qualify

Hong Kong reopens door to property investors seeking residency through the CIES – for a premium.

Gov’t warns of blacklisting MM2H agents spreading misinformation; Vincent Fong hopes for potential residence exemption for investors over 50.

Indonesia aims for 1,000 golden visas by the end of 2024, despite issuing only 300 since the program’s inception.

Global Elite Card offers fast-track residency for high earners, while Digital Nomad Visa allows remote workers a six-month stay without residency.