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In the latest Policy Address delivered on 17 September 2025, the Hong Kong Chief Executive John Lee Ka-chiu announced that Hong Kong will relax its rules for property purchases under the New Capital Investment Entrant Scheme (“New CIES Scheme”) to attract new investors.
The New CIES Scheme, which was re-introduced on 1 March 2024 after a suspension of approximately nine years, aims to attract high-net-worth individuals committed to investing not less than HK$30 million to settle in Hong Kong with their families and explore the city’s diverse investment opportunities.
When the New CIES Scheme was first relaunched in the market, the total investment amount in real estate (covering non-residential real estate and residential real estate) which was counted towards fulfilment of minimum investment threshold was subject to an aggregate cap of HK$10 million. In addition, only residential properties with transaction price of HK$50 million or above were eligible for inclusion.
The new arrangement will now raise the aggregate investment cap for real estate investment from HK$10 million to HK$15 million, among which the cap on residential real estate will remain at HK$10 million. Nonetheless, the threshold of transaction price of residential real estate for one single property will be reduced from HK$50 million to HK$30 million.
The new measure takes effect from 17 September 2025 and applies to real estate investments where the completion date of the purchase falls on or after 17 September 2025.
Our Immigration Team assists applicants who wish to settle in Hong Kong understand the requirements of different visa schemes and support them throughout the application process. Please contact our Partner Willy Cheng for any enquiries or further information.
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