Hong Kong Now Accepts Bitcoin & Ether as Proof of Assets for Investment Visa

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BTC & ETH Make the Cut: Hong Kong’s New Visa Scheme Embraces Crypto Assets

Hong Kong Now Accepts Bitcoin and Ether as Proof of Assets for Investment Visa

In a significant move for crypto investors, Invest Hong Kong (InvestHK)—the government agency responsible for attracting foreign investments—has confirmed that cryptocurrencies like Bitcoin (BTC) and Ether (ETH) can now be used as proof of assets when applying for the New Capital Investment Entrant Scheme (CIES) visa.

The visa program, designed to attract high-net-worth individuals, requires applicants to demonstrate ownership of net assets worth at least HK$30 million ($3.8 million) over a specified period. There are no restrictions on the type of assets used to meet this requirement, according to an InvestHK spokesperson. However, a chartered public accountant must verify and sign off on the valuation report for these assets.

Crypto Success Stories Emerge
Some Hong Kong-based accountants have already shared successful cases on social media where applicants used Bitcoin and Ether holdings as proof of assets to secure their investment visas.

Crypto Not Eligible for Investment Portion
While crypto can be used to prove net worth, it cannot be used as a direct investment to meet the program’s second requirement. Once the visa is approved, applicants must invest an additional HK$30 million ($3.8 million) in what the government defines as “permissible assets.” A spokesperson clarified that cryptocurrencies do not qualify as permissible investments for this stage of the visa process.

Hong Kong’s Growing Crypto Ecosystem
This development comes as Hong Kong strengthens its position as a crypto-friendly hub in Asia. The city currently hosts 9 licensed virtual asset trading platforms (crypto exchanges), reflecting its progressive stance toward digital assets.

In January, government officials revealed that the New Capital Investment Entrant Scheme had already attracted over 750 applicants, signaling strong interest from global investors.

The Bottom Line:
By recognizing Bitcoin and Ether as legitimate proof of assets, Hong Kong is making it easier for crypto investors to participate in its high-value immigration programs. However, applicants will still need to rely on traditional assets when it comes to meeting the program’s investment criteria.

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