Hong Kong's Capital Investment Entrant Scheme (CIES), an immigration
program for investors, will be suspended effective January 15, 2015. Mr. Leung Chun-ying, Chief Executive of the Hong Kong Special
Administrative Region, made the annual Policy Address on Wednesday. During the report, Leung said Hong Kong would make a clear list of
investment categories to attract more overseas entrepreneurs to run
their businesses in the city. 90% of CIES participants are high net worth individuals from the mainland China. The investor's investment was set at $10 million HK dollars.
The termination of current CIES will drive more Chinese investors to consider EB-5 immigrant investor program in the US. Chinese migration industry loses another solid "Product". As Europeans voice for toughening immigration laws, it is very likely to see a much stronger market for US EB-5 immigrant investor program in next two years if the Congress renews the program end of September this year. To learn more about EB-5 immigrant investor program and trends in Chinese market, please contact us at artisanbusiness@gmail.com.
The termination of current CIES will drive more Chinese investors to consider EB-5 immigrant investor program in the US. Chinese migration industry loses another solid "Product". As Europeans voice for toughening immigration laws, it is very likely to see a much stronger market for US EB-5 immigrant investor program in next two years if the Congress renews the program end of September this year. To learn more about EB-5 immigrant investor program and trends in Chinese market, please contact us at artisanbusiness@gmail.com.
