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Asia's New Tax-Friendly Residence Program
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The Hong Kong Government’s budget for the 2023/24 fiscal year has announced the reintroduction of the Capital Investment Entrant Scheme (CIES) as a measure to attract new capital in the city. It is not yet clear whether the scheme will be introduced with the same criteria of the previous one, suspended in January 2015 due to concerns about the impact on Hong Kong’s property market, or if there are going to be major changes.
From investment opportunities to tax benefits, learn why Hong Kong's CIES could be your gateway to a tax-efficient lifestyle in the heart of Asia.
00:00 Start
00:13 Hong Kong's Residence Program
1:30 Shifts in Residency Options in Asia
3:52 Reintroduction of the CIES
5:45 Potential Benefits and Drawbacks
9:15 Investment Options
11:05 Comparison with Other Residency Programs
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