Hong Kong has verified 47 applications undera new investment visa scheme launched six months ago, each one having already made an investment of HK$30 million in the city. Invest Hong Kong (InvestHK), a government department focused on foreign direct investment, announced on Monday that a total of 500 applications have been received under the investment visa scheme since its roll-out in March 1. Among the applications, 448 people’s assets have been verified. According to the scheme, any application should have net assets of no less than HK$30 million over the previous two years before the appli…
