投资不少于3,000万港元，可为合资格主申请人提供香港居留路径；其配偶、获认可伴侣及未满18岁的未婚受养子女，须按当时的受养人政策另行申请。若合资格单一家族办公室为该家族的FIHV管理不少于2.4亿港元的「指明资产」，并持续满足所有权、香港管理、经济实质及交易条件，合资格投资交易利润可享0%香港利得税优惠税率。部分新CIES金融资产可能同时计入家办资产门槛——但并非整笔3,000万自动计入，更绝非「一笔投资、全家永居、全部免税」。 Investing HK$30 million or more can open a Hong Kong residency pathway for a qualifying principal applicant; their spouse, recognised partner and unmarried dependent children under 18 must apply separately under the prevailing dependant policy. Where an eligible single family office manages at least HK$240 million of "specified assets" for the family's FIHVs — with ownership, Hong Kong management, substance and transaction conditions continuously met — qualifying investment profits can enjoy a 0% Hong Kong profits-tax rate. Some New CIES financial assets may also count toward that threshold, but not the whole HK$30M automatically — and it is emphatically not "invest once, whole family permanent residency, everything tax-free."
香港的新资本投资者入境计划（New Capital Investment Entrant Scheme，简称 New CIES），可以成为符合条件的高净值家庭移居香港的一条居留路径。 The New Capital Investment Entrant Scheme (New CIES) can serve as the residency route for a qualifying high-net-worth family moving to Hong Kong.
主申请人必须：
这3,000万港元并非支付给政府的申请费。申请人保留相关投资的经济权益，并承担投资风险；如资产通过合资格全资私人公司持有，资产的法律所有权属于该公司，而申请人持有该公司的全部权益。
至少HKD 2,700万须投资于许可金融资产及／或房地产，两者的持有安排不同：许可金融资产须按新CIES的指定账户、资产处置、再投资及投资组合维持规定持有；房地产则须以计划规则认可的方式持有，并持续满足有关投资及证明要求。许可资产一般可以出售、赎回或在到期后更换，但所得款项须按计划规则处理及再投资。
另行投入的HKD 300万CIES投资组合，受其自身的认购、锁定、分派及退出机制约束，资本及回报均不获保证。
The main applicant must:
The HK$30 million is not a government application fee. The applicant retains the economic interest in the investments and bears the investment risk; where assets are held through a qualifying wholly-owned private company, legal ownership sits with that company, and the applicant owns 100% of the company.
At least HK$27M must go into permissible financial assets and/or real estate, which are held differently: permissible financial assets are subject to the scheme's designated-account, disposal, reinvestment and portfolio-maintenance rules, while real estate must be held in a manner the scheme rules recognise and keep meeting the relevant investment and evidential requirements. Permissible assets can generally be sold, redeemed or replaced at maturity, but the proceeds must be dealt with and reinvested under the scheme rules.
The separate HK$3M CIES Investment Portfolio is governed by its own subscription, lock-up, distribution and exit mechanics, and neither capital nor return is guaranteed.
「房地产最多只能投资HKD 1,000万」已不准确。对2025年9月17日或之后完成购买的房地产：合计最多计入HKD 1,500万，其中住宅房地产最多计入HKD 1,000万。 "All real estate is capped at HK$10 million" is no longer accurate. For purchases completed on or after 17 September 2025, the overall real-estate cap is HK$15 million, with a HK$10 million sub-cap for residential property.
成功申请人一般可以担保以下家属另行提出受养人申请（并非自动获批，须符合当时的受养人政策、证明真实关系、无不良记录，并有足够生活及住所保障）：
申请人必须证明，有能力依靠自身其他财务资源，为自己及家属提供生活及住所保障，而不依赖新CIES许可投资资产的回报、在香港就业、自雇、担任职位、经营业务或香港公共援助。
主申请人也必须属于计划认可的申请人类别。该计划并非对所有国籍和所有身份的人士自动开放。
A successful applicant may generally sponsor the following to file their own dependant applications (not automatic — they must meet the prevailing dependant policy, prove a genuine relationship, have no adverse record, and be adequately supported and accommodated):
The applicant must show they can support and accommodate themselves and their dependants from their own other financial resources, without relying on the returns from the New CIES permissible investments, or on employment, self-employment, holding an office or carrying on a business in Hong Kong, or on Hong Kong public assistance.
The applicant must also fall within one of the eligible immigration categories — the scheme is not automatically open to every nationality or immigration status.
家族办公室税务优惠与新CIES是两个不同的制度。该优惠主要适用于符合家族所有权要求、在香港通常管理或控制，并由合资格单一家族办公室管理的FIHV。相关家族特殊目的实体（FSPE）也可按FIHV在该FSPE中所持实益权益的比例，就合资格利润享受相应优惠。 The family-office tax concession is separate from the New CIES. It applies principally to an FIHV that meets the family-ownership requirement, is normally managed or controlled in Hong Kong, and is managed by an eligible single family office. A related Family-owned Special Purpose Entity (FSPE) can also enjoy the concession on qualifying profits, but only to the extent of the FIHV's beneficial interest in that FSPE.
合资格单一家族办公室，必须为同一家族的一个或多个家族投资控权工具（Family-owned Investment Holding Vehicle，FIHV）管理不少于 2.4亿港元的合资格「指明资产」。 The eligible single-family office must manage at least HK$240 million in qualifying "specified assets" for one or more Family-owned Investment Holding Vehicles (FIHVs) belonging to the same family.
「指明资产」指《税务条例》附表16C所列资产（证券、债券、基金、存款、外汇、期货及部分衍生工具等）。门槛按家办为相关FIHV管理的指明资产总净值计算——并非家族总资产、净资产或全球财富；自住物业、私人使用资产及直接持有的房地产等，并不当然计入。 "Specified assets" means the classes listed in Schedule 16C of the Inland Revenue Ordinance (securities, bonds, funds, deposits, foreign exchange, futures and certain derivatives, among others). The threshold is the aggregate net asset value of specified assets the family office manages for the relevant FIHVs — not the family's total assets, net worth or global wealth; the family home, private-use assets and directly held real estate do not automatically count.
FIHV必须正式选择适用这项税务优惠，而该选择一般不可撤销。 The FIHV must formally elect into the concession, and that election is generally irrevocable.
FIHV必须在香港进行其核心创收投资活动，最低要求包括： The FIHV must carry out its core income-generating investment activities in Hong Kong. At a minimum:
这只是最低门槛，并非绝对安全港。雇员人数和开支水平必须与投资活动的规模、性质和复杂程度相称 — 规模较大或较复杂的架构可能需要超过最低标准。相关活动可由合资格单一家族办公室代表FIHV执行，但安排必须真实，不得只为形式上规避实质要求。 These are minimum thresholds, not necessarily a complete safe harbour. Headcount and spending must be reasonable and proportionate to the size and complexity of the investment activities — larger structures may need more. The activities may be performed by the family office on the FIHV's behalf, provided the arrangement is genuine and not merely a device to dodge the substance rules.
一般情况下：
如架构中包含符合条件的慈善机构，则适用特别的所有权规定。
In the standard case:
Special rules apply where an eligible charitable organization is part of the ownership structure.
该制度针对为一个家族服务的真正单一家族办公室，而非面向公众的商业资产管理公司。不过法律并非绝对禁止一切外部活动：合资格单一家族办公室一般须符合安全港规定，即其至少 75%的应评税利润来自向该家族的指定人士提供服务。 The regime targets a genuine single-family office, not a commercial asset manager serving the public. The rule is not an absolute ban on outside activity: an eligible single family office generally must meet a safe-harbour requirement under which at least 75% of its assessable profits come from services provided to specified persons of the family.
实际上，大规模管理无关第三方客户的资金可能危及合资格地位，须谨慎评估。 As a practical matter, substantial management of unrelated clients' assets could jeopardize eligibility and should be reviewed carefully.
另注：同一合资格单一家族办公室所管理的FIHV中，最多只有 50个FIHV 可就同一课税年度享受该项税务优惠。 Footnote: at most 50 FIHVs managed by the same eligible single family office can enjoy the concession for a given year of assessment.
新CIES与家族办公室税务优惠在法律上相互独立，但香港现在允许两者在合资格架构下配合。 The New CIES residency structure and the family-office tax structure are legally separate, but Hong Kong now allows them to be coordinated.
自 2025年3月1日起，新CIES已允许申请人或获批人士，通过由其全资拥有的合资格私人公司持有许可投资资产；自 2026年3月1日起，有关合资格私人公司的条件进一步更新（并非首次引入该机制）。按现行规定，有关私人公司须符合以下全部条件： Since 1 March 2025, a New CIES applicant or entrant has been able to hold permissible investment assets through an eligible private company that they wholly own. From 1 March 2026, the conditions for that eligible private company were further updated (this was not the first introduction of the mechanism). Under the current rules, the private company must satisfy all of the following:
在申请人获准以新CIES身份逗留期间，也可以在符合计划规则的前提下，将其个人指定账户内的许可金融资产转入合资格持有公司的指定账户。 While permitted to stay under the New CIES, the applicant may also transfer permissible financial assets from their personal designated account into the qualifying holding company's designated account, subject to the scheme rules.
有可能——但并非整笔3,000万自动计入。只有同时符合以下条件的资产，才可纳入HKD 2.4亿门槛的总资产净值计算：
须注意：以上是资产能否计入门槛净值的条件。FIHV若要实际享受0%税务优惠，还须另行并持续满足家族所有权、香港通常管理或控制、经济实质、合资格交易及其他法定条件——两者并非同一回事。
新CIES下的合资格金融资产（股票、债券、基金、存款证等）可能同时符合两个制度；直接房地产投资通常不属附表16C指明资产，一般不能计入；HKD 300万的CIES投资组合能否及如何计入，应按其最终法律形式和持有安排另行确认，不应预先假定。新CIES官网亦明确说明，私人公司持有条件与FIHV税务优惠资格属两个不同机制，并无自动对应关系。
Potentially — but not the whole HK$30M automatically. Only assets meeting all of the following go into the aggregate net-asset-value calculation for the HK$240M threshold:
Note the distinction: those are the conditions for an asset to count toward the threshold NAV. For the FIHV to actually enjoy the 0% concession, family ownership, normal management or control in Hong Kong, substance, qualifying-transaction and other statutory conditions must separately and continuously be met — the two tests are not the same thing.
Qualifying financial assets under the New CIES (listed shares, bonds, funds, certificates of deposit, etc.) may satisfy both regimes; direct real-estate investments are generally not Schedule 16C specified assets and typically cannot count; whether and how the HK$3M CIES Investment Portfolio counts should be confirmed separately based on its final legal form and holding arrangement — do not assume it. The official New CIES site itself notes that the private-company conditions and FIHV tax-concession eligibility are two distinct mechanisms with no automatic correspondence.
不一定。更准确的说法是：Not necessarily. The accurate statement is:
通过合资格家族投资架构持有的合资格资产，其合资格交易所产生的利润，在持续满足所有相关规定的情况下，可以享受0%的香港利得税优惠税率。 Profits from qualifying transactions in qualifying assets held through an eligible family investment structure may benefit from the 0% Hong Kong profits-tax concession, provided all applicable requirements continue to be met.
仅凭新CIES身份并不会令投资免税。每项资产、每笔交易仍须独立符合家办税务规定。此外：
New CIES status by itself does not make an investment tax-free — each asset and transaction must separately qualify under the family-office rules. In addition:
以3,000万港元合资格投资，提供一条可能的香港入境及居留路径。A potential immigration and residency route based on a HK$30M qualifying investment.
合资格单一家族办公室为同一家族的一个或多个FIHV管理不少于HKD 2.4亿的指明资产，并持续满足香港管理、所有权、经济实质及交易条件时，合资格交易利润可享0%香港利得税优惠税率。Where an eligible single family office manages at least HK$240M of specified assets for one or more of the family's FIHVs — with Hong Kong management, ownership, substance and transaction conditions continuously met — qualifying transaction profits can enjoy a 0% Hong Kong profits-tax rate.
新CIES的部分金融资产可通过合资格家族投资工具持有并计入2.4亿门槛；直接房地产通常不计入——且须同时满足两个制度的全部要求。Some CIES financial assets may be held via an eligible family vehicle and count toward the HK$240M threshold; direct real estate generally does not — and both regimes' requirements must all be satisfied.
「投资3,000万港元，全家获得香港签证，所有投资收益完全免税。」"Invest HK$30 million, receive family visas, and make the portfolio completely tax-free."
符合条件的家族可以通过新CIES支持家庭成员取得香港居留身份。如果该家族另外建立并持续维持一个管理不少于2.4亿港元指明资产的合资格香港家族办公室架构，部分新CIES金融资产（而非整笔3,000万自动计入）也可能计入家办资产门槛，而符合条件的投资利润可能享受0%的香港利得税优惠税率。 A qualifying family may use the New CIES to support Hong Kong residency and — if the family separately establishes and maintains an eligible Hong Kong family-office structure managing at least HK$240 million of specified assets — some of the CIES financial assets (not automatically the whole HK$30 million) may also contribute toward the family-office asset threshold, and qualifying investment profits may benefit from a 0% Hong Kong profits-tax rate.
在实际执行前，应由香港入境事务律师、税务律师及执业会计师共同确认具体持股架构、资产资格和持续合规安排。 Before implementation, the structure should be confirmed with Hong Kong immigration counsel, tax counsel and a practising certified public accountant.
以下为核对本页主要数字、法定条件及制度安排所依据的香港特区政府或法定机构资料（截至2026年7月27日）。部分涉及两个制度衔接及个别资产税务处理的内容，属于根据有关规则作出的概括说明，实际适用仍须按具体架构和事实确认。 The pages below are the HKSAR Government and statutory-body sources for the main figures, statutory conditions and scheme arrangements on this page (as of July 27, 2026). Some statements — particularly on how the two regimes interact and on the tax treatment of particular assets — are general summaries drawn from those rules; how they apply in practice still depends on the specific structure and facts.