ARRAGNMENTS FOR ENGAGING A CERTIFIED PUBLIC ACCOUNTANT (CPA)
In order to streamline the application procedure and reduce processing time, individuals may now engage a CPA (who is a member of the Hong Kong Institute of Certified Public Accountants) to assist with CIES Scheme applications at their own cost.
CPAs operating on behalf of applicants may submit a report to the Hong Kong Immigration Department together with the individual’s Scheme application, demonstrating that all application criteria are met.
While this is an optional, voluntary arrangement and will not affect the outcome of the application itself, it may substantially reduce waiting times involved in the processing of the application.
Statistics on the Capital Investment Entrant Scheme
Breakdown of CIES Applicants (as of December 31, 2013)
| RECEIVED | APPROVAL-IN-PRINCIPLE GRANTED | FORMAL APPROVAL GRANTED | |
|---|---|---|---|
| Foreign nationals | 2,861 | 88 | 1,824 |
| Macau SAR residents | 483 | 20 | 335 |
| Chinese nationals with permanent residence overseas | 31,841 | 2,275 | 18,129 |
| Stateless persons with permanent residence in a foreign country | 3 | 0 | 3 |
| Taiwan residents | 531 | 7 | 358 |
| Total | 35,719 | 2,390 | 20,649 |
| REAL ESTATE | SPECIFIED FINANCIAL ASSETS | TOTAL |
|---|---|---|
| 42,457.11M | 124,847.78M | 167,304.89M |
Source: Immigration Department, the Government of the Hong Kong Special Administrative Region. Published December 31, 2013.