Best Golden Visa Lawyers in North Point

About Golden Visa Law in North Point, Hong Kong

A Golden Visa is a type of residency-by-investment program offered by several countries, allowing individuals to obtain residency rights in return for making a significant investment. In Hong Kong, there is no official "Golden Visa" program; however, similar pathways such as the Capital Investment Entrant Scheme (CIES) and various types of Investment Visa options have existed. Although the formal CIES has been suspended, Hong Kong is considering updates and alternatives for high-net-worth individuals and businesspersons interested in long-term residency through investment. North Point, as a vibrant business and residential district, often sees a concentration of such inquiries due to its commercial significance and convenient location.

Why You May Need a Lawyer

Engaging with residency or investment visa processes in Hong Kong can be complex. Here are some common situations where legal expertise is highly recommended:

• Navigating the eligibility criteria for investment-based visas in Hong Kong
• Preparing and reviewing investment documentation to satisfy government requirements
• Dealing with property or business investments in the North Point area
• Responding to requests or queries from Hong Kong immigration authorities
• Handling potential changes in Hong Kong immigration policies and their impact on applications
• Appealing the refusal or delay of a visa application
• Understanding and mitigating any risks of visa cancellation or compliance breaches
• Advising on associated family member applications or dependents
• Assisting businesses seeking to secure residency for key employees through investment
• Offering guidance on tax and financial implications of residency

Local Laws Overview

Hong Kong follows a common law system, distinct from Mainland China, and retains its own immigration policies. The main statutes relevant to residency-by-investment include the Immigration Ordinance and related subsidiary legislation. Although the original Capital Investment Entrant Scheme is no longer accepting new entrants, prospective investors need to monitor potential policy changes, particularly with rumored reintroductions or new Golden Visa-like schemes. Current alternatives may involve business investment, entrepreneurship, or professional entry under the General Employment Policy.

Key points to consider include:

• Hong Kong immigration policies are subject to regular reviews and can change based on local government priorities
• All investments must be legal and comply with due diligence standards
• Applicants must typically demonstrate financial soundness, a clean criminal record, and prove the legitimacy of investment funds
• The location of your investment, such as in North Point, may impact your application if it relates to local businesses or property
• Dependents, such as spouses and children, may be eligible under certain conditions

Frequently Asked Questions

What is a Golden Visa in Hong Kong?

While Hong Kong does not officially offer a Golden Visa, it has had similar schemes where foreign investors can obtain residency through significant investments, especially in business or financial instruments.

Is North Point a popular area for investment-based residency?

Yes, North Point's strategic location and vibrant business environment make it attractive for property and business investments, which may support certain visa applications.

Has the Capital Investment Entrant Scheme (CIES) been reinstated?

As of the latest updates, CIES remains suspended. However, there are discussions about introducing similar pathways in the future. Legal advice is critical to stay informed about these developments.

What are the typical investment requirements?

Historically, the minimum investment was HKD 10 million in permissible assets. Current requirements depend on alternative visa routes and may change if new policies are introduced.

Can I bring my family under a Golden Visa-type permit?

Yes, most investment residency visas allow the main applicant to bring a spouse and dependent children, subject to specific conditions.

What documentation is needed to apply?

Documentation includes proof of investment, financial statements, legal source of funds, identification, past immigration history, and relevant business or property contracts.

Do I need to live in Hong Kong full time?

Minimum residency requirements vary by scheme. Some require physical presence for a set number of days each year to maintain residency status.

What are the risks of applying without a lawyer?

Applicants risk submitting incomplete or non-compliant applications, missing policy changes, or making errors that could lead to refusals or legal complications.

If my application is refused, can I appeal?

Hong Kong provides administrative review avenues for refused immigration applications. Having legal representation greatly increases your chances of a successful appeal.

Are taxes affected by obtaining residency through investment?

Hong Kong follows a territorial tax system. Residency does not automatically create a global tax obligation, but it is wise to consult a legal or tax advisor for your specific circumstances.

Additional Resources

Several resources and organizations can assist with information and guidance on Golden Visa and investment migration in North Point, Hong Kong:

• Hong Kong Immigration Department for official documentation and requirements
• Hong Kong Law Society for connecting with qualified lawyers
• InvestHK for business and investment opportunities in Hong Kong
• Hong Kong Trade Development Council for market and investment research
• Chambers of Commerce based in North Point for local business networking

Next Steps

If you are considering applying for a Golden Visa or investment residency in North Point, Hong Kong, it is essential to stay informed and act with careful planning.

• Consult a licensed immigration lawyer or law firm experienced in residency-by-investment applications
• Gather all required documentation and verify the legitimacy of your investment
• Stay updated on recent policy or legislative changes through official government releases or your legal advisor
• Prepare to discuss your long-term goals, family considerations, and investment objectives with your chosen lawyer
• Consider ancillary legal services such as tax planning, estate planning, and property law

Securing professional legal support is highly advisable to ensure your application is compliant, timely, and best positioned for approval.