Hong Kong has taken a major step by permitting digital assets under its investment immigration scheme and officially recognizing Bitcoin (BTC) and Ethereum (ETH). This development allows high-net-worth individuals to use cryptocurrency holdings to apply for residency under the Capital Investment Entrant Scheme (CIES), further reinforcing Hong Kong’s position as a global hub that recognizes digital assets.
The CIES program requires applicants to demonstrate a net worth of at least HK$30 million (US$3.8 million) and invest the same amount in Hong Kong-based assets within six months. Traditionally, only stocks, bonds, and real estate were accepted, but recent cases show that crypto is now included. In February 2025, an investor successfully used Ethereum to meet the threshold, following an October 2024 case where another applicant used Bitcoin.
To ensure compliance, applicants using digital assets must follow strict verification procedures. Their crypto holdings must be assessed by certified accountants, stored in cold wallets or on regulated exchanges, and transferred to Hong Kong investment portfolios within six months. These safeguards aim to mitigate fraud and volatility risks while ensuring financial transparency.
This development is a positive step for both Hong Kong and future, CIES residents. For the city, it enhances its competitiveness against financial hubs like Singapore and Dubai, attracting crypto-affluent individuals and boosting capital inflow. For applicants, it offers a new pathway to residency, particularly for those whose wealth is tied to digital assets.
David Cameron, Managing Partner of David Cameron Law Office (DCLO), has seen growing interest in the program. “Since its launch, we’ve seen significant interest in CIES. As a law firm uniquely placed with immigration law capability, DCLO is well-positioned to guide investors through the process and to help ensure compliance with Hong Kong’s evolving regulations,” he said.
With more applications under review, Hong Kong is setting a precedent for broader institutional acceptance of cryptocurrency, reaffirming its status as a global financial hub that welcomes digital assets.
For further information, please contact:
David Cameron, David Cameron Law Office
david.cameron@dc-lo.com
