Bank of Communications (Hong Kong) Limited "New Capital Investment Entrant Scheme" service
Bank of Communications (Hong Kong) Limited ("BOCOM (HK)"or "the Bank") is rooted in and serves Hong Kong,China ("Hong Kong"),and is committed to providing quality and innovative cross-border financial services. In line with the New Capital Investment Entrant Scheme launched by the Government of the Hong Kong Special Administrative Region to help international talents settle in Hong Kong, we offer the New Capital Investment Entrant Scheme service to provide you with a full range of banking and wealth management services to help you easily explore the infinite possibilities in Hong Kong.
Eligibility for application
The Scheme accepts applications from eligible persons aged 18 or above (including foreign nationals, Chinese nationals who have obtained permanent resident status in a foreign country, residents of the Macao Special Administrative Region and Chinese residents of the region of Taiwan).
Details of the plan
The applicant must demonstrate absolute beneficial net assets of not less than HKD 30 million in the two years prior to the application and must invest at least HKD 30 million in the following permitted investment assets.
Includes:
02
Permissible financial assets, including:
- Equities
- Debt securities
- Certificate of Deposits (Investment amount capped at HKD 3 million)
- Subordinated debt
- Eligible collective investment schemes
- Ownership interest in limited partnership funds
- Non-residential real estate
- Residential real estate (the investment must be made in one single property with transaction price of HKD50,000,000 or above)
Advantage of the plan
Hong Kong has a wealth of professional talent resources and an international business environment, which provides unlimited innovation opportunities for applicants of the New Capital Investment Entrant Scheme. In addition, an approved applicant may bring his or her dependants (including his or her spouse and their unmarried and dependent children under the age of 18) to Hong Kong and may generally be allowed to stay in Hong Kong for not more than two years, after which he or she may apply for an extension of stay not more than three years, and thereafter for a further extension of stay not more than three years at the end of each triennium. Applicants and their dependants may apply to become permanent residents of Hong Kong,China if they have ordinarily resided in Hong Kong for a continuous period of not less than seven years; Applicants who fail to meet the continuous ordinary residence requirement but meet the financial requirements of the new Scheme for not less than seven consecutive years may also apply for unconditional stay in Hong Kong.
Bank of Communications (Hong Kong) Limited "New Capital Investment Entrant Scheme" service scope
BOCOM (HK) provide you with comprehensive banking and wealth management services to help you easily achieve the objectives of the New Capital Investment Entrant Scheme and properly manage your assets:
- Free Consulting Services: Provide you with free consulting services to create customized investment solutions according to the regulations, so that you can easily control the information.
- Free Investment Reporting Service: In order to comply with the requirements of the Scheme, we will make annual and regular reports to the InvestHK within the specified time as planned.
- Professional Advisory Team Service: The professional team of "BComBEST Private Services" will comprehensively plan, establish and practise customized wealth planning and investment management solutions for you, helping you to invest your wealth in the best position, link domestic and foreign resources, and maximize the value of your assets.
- Comprehensive Consulting Services: To provide you with comprehensive consulting services, if you have Hong Kong medical, education consulting, overseas real estate and property management consulting needs, we provide you with referral services to professional agencies, to help you effectively integrate into Hong Kong, rooted in Hong Kong, enjoy a wonderful life, harvest a rich life!
For more information, please call our customer Service hotline at (852)2239 5559 or visit any of our outlets.
Notes
This brochure is for general introduction only. For the rules of "New Capital Investment Entrant Scheme", please refer to the relevant details published by the InvestHK.
Investment involves risk. Terms and conditions apply to the offers and services, please visit our website or check with our staff. For the above promotional content, the Bank will only provide the electronic version of the Terms and Conditions. You are kindly requested to visit our website to download and store the relevant documents for future reference. Please note that you may not be able to access or download the relevant documents online again after the promotion period ends. If you do not agree to the above arrangement or if necessary, please contact our branch staff.
Risk Disclosure Statement
Investors should note that all investment involves risks. Prices of investment products may go up as well as down and may even become valueless.
The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
Certificate of deposit is not equivalent to a time deposit and should not be taken to replace a time deposit .Certificate of deposit is not a protected deposit and is not protected under the Deposit Protection Scheme in Hong Kong.
Investor bears the credit risk of the issuer and has no recourse to the Bank. Before entering into any transaction, you are advised to carefully read the Offering Circular, discuss with your own investment advisor or other appropriate professional to understand the possible risks and benefits of the transaction if needed. You should also take reasonable steps to assess the risks and appropriateness of the transaction in the light of your own risk, financial situation, objectives, investment tenor and circumstances. The price of bonds fluctuates and any individual bond may go down as well as up. Bond investment involves risk, including the possible loss of the principal amount invested. An investment in bonds is not equivalent to a time deposit and should not be taken to replace a time deposit.
Foreign Currency and RMB Risk Disclosure Statement
Foreign currency investments are subject to exchange rate fluctuations which may involve risks. The fluctuation in the exchange rate of foreign currency may make a gain or loss in the event that customer converts the foreign currency into Hong Kong dollar or other foreign currencies. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment. RMB is subject to exchange rate risk and is currently not freely convertible. Conversion of RMB or provision of RMB services through banks in Hong Kong is subject to relevant RMB policies, other restriction and regulatory requirements in Hong Kong. No prior notice will be given for any changes which may be made from time to time.
The above information is for reference only and does not constitute any investment solicitation, offer, invitation or advice to subscribe any investment product. This webpage has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.
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