Read previewHong Kong's latest sales pitch involves a cash-for-residency program targeted at wealthy investors — and most of them come from just two countries.
It builds on prior investment-for-residency programs offered in the last two decades, which aim to capture foreign capital and talent to boost Hong Kong's economy.
Permanent residency instead marks a stepping stone to Hong Kong's residency scheme, which prohibits mainland Chinese residents.
The posts, which have been viewed over 600,000 times, highlight that the passports qualify for Hong Kong's residency program.
The West African nation's citizens currently make up the highest proportion of applicants for Hong Kong's New Capital Investment Entrant Scheme — 139 out of 333 applicants, per government data.
Persons:
—, Hayyam Garipoglu, multimillionaire Andrew Spira, Kong's
Organizations:
Service, Hong, Investors, Business, Reuters, Guardian, Africyrpt, European Union, Vanuatu, Australian Broadcasting Corporation, Hong Kong's New Capital, Henley, Partners, Bloomberg
Locations:
Hong Kong, Vanuatu, Guinea, Bissau, Hong, Pacific, bitcoin, Turkey, Australia, West