As set out in paragraph 2.1(b) of the Rules for the Capital Investment Entrant Scheme ["the Scheme Rules"], an Applicant has to meet the eligibility criteria, among others, that he has Net assets or Net equity to which he is absolutely beneficially entitled with a Market value of not less than HK$10 million. Net throughout the two years preceding the date he lodged his application for Approval-in-Principle or Formal Approval.
To streamline the procedure and to shorten the processing time, with effect from 16 March 2009, applicants under the Capital Investment Entrant Scheme [CIES] may at their own cost engage a Certified Public Accountant (Practising) [CPA (Practising)] who is a member of the Hong Kong Institute of Certified Public Accountants to issue a report to demonstrate that they meet the requirement of paragraph 2.1(b) of the Scheme Rules.
The report may be submitted to the Immigration Department together with the CIES application form. This is an optional arrangement and whether or not a CPA (Practising) is engaged will not affect the outcome of the application. The new arrangement is also applicable to applications submitted before the implementation date.