If you are an entrant or the dependant of an entrant admitted under the Capital Investment Entrant Scheme (“the Scheme”), you can apply for extension of stay within 3 months before your limit of stay expires. Here you will find information about the application process.
Where to Apply
You can apply for an extension of stay to Other Visas and Permits Section of the Immigration Department.
7/F, Immigration Tower
7 Gloucester Road
Wan Chai, Hong Kong
Working Hours
8:45 am-4:30 pm (Monday to Friday)
9:00 am-11:30 am (Saturday)
Closed on Sundays and public holidays
Application Forms
You must submit a completed and signed form ID 967 and the declaration form SF/IM/1611 if you are an entrant. If you are the dependant of an entrant, please submit a completed and signed form ID91 as well as form ID 481A duly completed and signed by your sponsor. If you are the spouse of the sponsor, please complete and sign form ID 481B as well. All of these forms can be obtained free of charge from Immigration Department Headquarters and Branch Offices. The forms can also be downloaded through the following links.
- Form ID 967: Application for Residence under Capital Investment Entrant Schemehttp://www.immd.gov.hk/ehtml/id(e)967.htm
- Form SF/IM/1611: Declaration for Capital Investment Entrant Scheme - Annual Reporting/Application for Extension of Stayhttp://www.immd.gov.hk/ehtml/SFIM1611.htm
- Form ID 91: Application for an Extension of Stayhttp://www.immd.gov.hk/ehtml/id91.htm
- Form ID 481A: Declaration of Sponsor (to be completed by the sponsor)http://www.immd.gov.hk/ehtml/id481a.htm
- Form ID 481B: Declaration of Dependant Applicant (to be completed by applicant)http://www.immd.gov.hk/ehtml/id481b.htm
General Eligibility Requirements
To be eligible for an extension of stay, you must continue to satisfy the requirements of the Scheme throughout the period after you have been granted permission to stay. In maintaining your portfolio, you should comply with the portfolio maintenance requirements and the rules on any switches of your investment.
Portfolio Maintenance Requirements
Portfolio maintenance and ring-fencing requirements will be imposed to ensure that you do not reduce your investment commitment while you are permitted to stay in Hong Kong under the Scheme. For investments in specified financial assets, you are required to transact only the said assets in Permissible Investment Asset Classes held in a designated account in your own name to be opened with a single financial intermediary. Permissible Investment Asset Classes are set out in the Rules for the Capital Investment Entrant Scheme.
- Form ID(C/E) 968: Rules for the Capital Investment Entrant Schemehttp://www.immd.gov.hk/ehtml/id(e)968.htm
The financial intermediary must be an authorised institution as defined in the Banking Ordinance ,a corporation licensed to perform Type 1, 4 or 9 regulated activities under the Securities and Futures Ordinance or an insurer authorized to carry on Class C business as specified in Part 2 of the First Schedule to the Insurance Companies Ordinance. Details of the maintenance and ring-fencing requirements are set out in the Rules for the Capital Investment Entrant Scheme. You are required to undertake in the application form that you agree to abide by the Rules while remaining in Hong Kong as an entrant under the Scheme.
Change in Value of Investment
In maintaining your eligibility for an extension of stay, you are not required to top up the value of your investment under the Scheme if it falls below the requisite minimum investment level. However, you are not allowed to withdraw any capital gains from your investment if its market value rises above the requisite minimum investment level. You are free to switch investments from one permissible asset class to another (such as from real estate to specified financial assets or vice versa), provided that you reinvest the entire proceeds from the sale. You should keep a record of every change to your investment portfolio for the purpose of applying for an extension of stay in Hong Kong.
Supporting Documents
Depending on your current immigration status, you are required to present the following forms and documents upon submission of the application:
- Your travel document (with validity of at least 2.5 years when making the application)
- Your travel document of the page on which your last visa/permit under the Scheme is affixed
- Your Hong Kong identity card
- Your document showing the permanent resident status in a foreign country (if you are a Chinese national or a stateless person)
- Your proven re-entry facilities (if you are a stateless person) and
- Entrant status:
- a. Completed and signed form ID967 and SF/IM/1611
- b(i). For applicants who have not switched investment assets, you are also required to produce proof relating to type of investment assets
- For investment in properties, you should provide up-to-date land registry records and mortgage records (if any)
- For investment in specified financial assets, you must ensure that your appointed financial intermediary has complied with the requirements under clauses 4(1) and 4(2) of the contract between you and the financial intermediary, and you should provide an up-to-date statement showing the assets held in the designated account
- b(ii). For applicants who have switched investment assets under the Scheme after the grant of formal approval or during your permitted limit of stay
- You must produce all relevant transaction records and documents showing that you are the absolute beneficial owner of the investment assets and you have complied with the Scheme Rules in switching the investment assets
- You and your financial intermediary must also provide any documents or reports as requested by the Director of Immigration
- c. You must also provide such information as required from time to time to establish your eligibility and entitlement under the Scheme; failure to submit all necessary documents will cause a delay in the processing of your case
- Dependant status:
- a. Sponsor's travel document or Hong Kong identity card
- b. Completed and signed form ID91, form ID 481A (for sponsor) and form ID 481B (applicable to dependant spouse only)
- Entrant status:
Breach of Undertaking
You are required to give an Undertaking to the Director of Immigration to abide by the Scheme Rules. The form of the Undertaking is set out in Part 12 of the application form prescribed by the Director of Immigration. If you are found to have breached the Undertaking, you and your dependants, if any, will only be allowed to stay in Hong Kong for the remainder of your limit of stay or two months after the Director of Immigration has determined that you have breached the Undertaking, whichever is earlier.
Appointment of a Representative
Applications should generally be submitted in person, and visas/permits should be collected likewise. However, if you are unable to attend in person, you can authorise in writing a representative to submit your application and present the supporting documents. You will still need to be in Hong Kong at the time of application and collection of visa/permit.
Last review date: March 2010
