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Hong Kong sets aside $12.7 million in family office drive

News Team, 24/02/2023

The Hong Kong government is setting aside $12.7 million (HK$100 million) over the next three years to boost its attractiveness to family offices.

It also intends to restart its capital investment scheme that had been suspended since 2015.

This scheme aims to attract new talent and new business by granting residency to those who make an investment of over $1.17 million in the Hong Kong asset market.

The $12.7 million family office funding will be allocated to Inve...


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