Hong Kong Attracts US$1.3 Billion Through Residency Scheme
Hong Kong Residency Scheme Boosts Family Office Hub Ambitions
The four-month-old cash-for-residency scheme in Hong Kong has successfully attracted over US$1.3 billion, supporting the city's goals of becoming a prominent family office hub.
Key Points:
- US$1.3 billion: Amount attracted under the cash-for-residency scheme.
- Family Office Hub Ambitions: Hong Kong's strategic objective.
- High-Net-Worth Individuals: Expressing confidence in Hong Kong's financial landscape.
This surge aligns with Hong Kong's strategy to position itself as a leading destination for family offices, showcasing opportunities for wealth management and investment within the region.
The substantial investment underpins Hong Kong's commitment to fostering a conducive environment for affluent families and financial services providers, bolstering its status as an attractive financial center.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.