Hong Kong mulls treating Bitcoin as investment immigration asset

Yamini003

On November 13th, according to Sing Tao Daily, the Hong Kong government, following the restart of its investment immigration program, is considering categorizing virtual assets such as Bitcoin from licensed virtual asset trading platforms as acceptable investment projects.

This measure aims to broaden the scope of assets for investment immigration, attracting more high-net-worth individuals to settle in Hong Kong. While there are calls to include real estate investments in the eligible category, the government remains neutral at present, emphasizing the exclusion of real estate investments.

This move is expected to enhance Hong Kong's competitiveness in the global wealth management sector, simultaneously attracting more attention from family offices and asset management institutions.

Ritu13

Hong Kong doesn't seem attractive now.

Iti9

As long as the authorities recognize it as an asset, it becomes necessary.

Shri

This also feels like a good move.