• Hong Kong considers expanding investment immigration to include Bitcoin purchases on licensed local exchanges.
• Capital Investment Entrant Scheme revived after an eight-year suspension.
• Threshold for the immigration program raised to around US$3.84 million.

Hong Kong is considering expanding its investment immigration options to include Bitcoin purchases on licensed local exchanges, according to Hong Kong lawmaker Chiu Ta-kan. The proposal comes as the city revives its Capital Investment Entrant Scheme after an eight-year suspension.

The immigration program, which grants residency rights for major capital investments, will now have a threshold of around U.S. $3.84 million, up from $1.3 million previously. Real estate investments will remain prohibited, but other assets like stocks, bonds, and potentially Bitcoin may qualify.

Lawma…

The post Hong Kong Mulls Accepting Bitcoin Purchases for Investment Immigration appeared first on Coin Edition.

• Hong Kong considers expanding investment immigration to include Bitcoin purchases on licensed local exchanges.
• Capital Investment Entrant Scheme revived after an eight-year suspension.
• Threshold for the immigration program raised to around US$3.84 million.

Hong Kong is considering expanding its investment immigration options to include Bitcoin purchases on licensed local exchanges, according to Hong Kong lawmaker Chiu Ta-kan. The proposal comes as the city revives its Capital Investment Entrant Scheme after an eight-year suspension.

The immigration program, which grants residency rights for major capital investments, will now have a threshold of around U.S. $3.84 million, up from $1.3 million previously. Real estate investments will remain prohibited, but other assets like stocks, bonds, and potentially Bitcoin may qualify.

Lawma…

The post Hong Kong Mulls Accepting Bitcoin Purchases for Investment Immigration appeared first on Coin Edition.