Hong Kong Embraces Crypto for Investment Immigration
Hong Kong is taking a bold step in attracting cryptocurrency investors by allowing Bitcoin (BTC) and Ethereum (ETH) to be used as proof of wealth for its Capital Investment Entrant Scheme (CIES).
While crypto cannot yet be directly invested under CIES, its acceptance as financial proof marks a significant policy shift—making Hong Kong one of the most crypto-friendly jurisdictions for high-net-worth individuals.
If you’re a crypto investor looking to secure Hong Kong residency, here’s everything you need to know.
What Is the Capital Investment Entrant Scheme (CIES)?
The Capital Investment Entrant Scheme (CIES) is an investment-based immigration program that grants residency to individuals who invest HKD 30 million (USD 3.8 million) into eligible financial assets.
While direct crypto investments do not yet qualify, applicants can now use cryptocurrency holdings to prove their financial standing—a huge win for crypto investors seeking global mobility.
Key CIES Requirements for Crypto Investors
Minimum Investment: Investors must allocate at least HKD 30 million into approved financial assets under CIES.
Crypto as Proof of Wealth: Applicants can now submit Bitcoin, Ethereum to demonstrate their financial strength.
Path to Permanent Residency: Investors granted residency can apply for Hong Kong permanent residency after fulfilling stay requirements.
What Does This Mean for Crypto Investors?
Easier Residency Applications: Investors no longer need to liquidate crypto just to prove their wealth.
Crypto’s Legitimacy in Hong Kong: This signals official recognition of digital assets in mainstream finance.
More Financial Flexibility: Crypto investors can now use their holdings without needing to rely solely on fiat assets.
This progressive approach positions Hong Kong ahead of global financial hubs that remain uncertain about integrating crypto into their residency programs.
Why Choose Hong Kong for Crypto-Based Residency?
No Capital Gains Tax on Crypto
Hong Kong imposes no capital gains tax on cryptocurrency earnings, making it an ideal destination for long-term crypto investors.
In contrast, profits from cryptocurrency transactions are classified as miscellaneous income in Japan and are subject to progressive income tax rates ranging from 5% to 45%, depending on your total taxable income. Additionally, a 10% inhabitant tax applies, bringing the effective tax rate to between 15% and 55%.
Strategic Location & Financial Hub
Hong Kong provides access to the Asian market and is a global leader in finance and technology
Business-Friendly Policies
Hong Kong offers low taxation, a strong banking system, and a pro-investment environment, making it perfect for crypto entrepreneurs.
Final Thoughts: Hong Kong’s Crypto Residency Program is a Game Changer
Hong Kong’s acceptance of Bitcoin and Ethereum as proof of wealth is a groundbreaking step for digital asset investors. While crypto investments themselves are not yet eligible under CIES, the recognition of digital assets opens new pathways for crypto entrepreneurs seeking global residency options.
Interested in Applying?
At Prism Consultancy, we specialize in Hong Kong investment visas, ensuring smooth application processes for crypto investors.
Contact Us Now [email protected] for expert guidance!
