In a groundbreaking move that signals Hong Kong’s growing embrace of digital innovation, the city has officially recognized Bitcoin (BTC) and Ethereum (ETH) as valid forms of asset proof under its New Capital Investor Entrant Scheme (CIES). This landmark policy shift opens a new pathway for global investors seeking Hong Kong residency—using cryptocurrency holdings to qualify.
A Milestone in Financial Innovation
On February 7, 2025, the Hong Kong Investment Promotion Agency approved an investment immigration application using Ethereum as proof of a HK$30 million net worth. The applicant, a certified practicing accountant in Hong Kong, successfully demonstrated eligibility through ETH holdings—marking the first known case of Ethereum being accepted under the revised scheme.
This follows an earlier precedent in October 2024, when Bitcoin was first accepted as qualifying assets for the same program. These developments underscore Hong Kong’s strategic push to position itself at the forefront of digital finance, blockchain adoption, and financial inclusion.
The inclusion of major cryptocurrencies like BTC and ETH is not just symbolic—it reflects a deliberate effort by Hong Kong regulators to modernize its financial ecosystem and attract high-net-worth individuals (HNWIs) who hold substantial digital assets.
Why Hong Kong Embraced Crypto in Immigration Policy
The decision to accept cryptocurrency as asset proof goes beyond convenience. It carries four key strategic implications:
1. Advancing Cryptocurrency Mainstreaming and Compliance
By recognizing Bitcoin and Ethereum, Hong Kong affirms their legitimacy as financial assets. This regulatory endorsement strengthens the case for crypto’s integration into traditional finance, paving the way for broader acceptance across banking, wealth management, and institutional investing.
Regulatory bodies such as the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have laid a solid foundation through strict licensing requirements for virtual asset trading platforms, anti-money laundering (AML) frameworks, and investor protection protocols.
2. Attracting Global Capital and High-Net-Worth Talent
The updated CIES lowers barriers for crypto-wealthy individuals who may lack traditional liquid assets but possess significant digital holdings. With over 600,000 global HNWIs owning cryptocurrency—many based in Asia—the move positions Hong Kong as a magnet for next-generation capital.
Flexible asset verification now allows applicants to prove HK$30 million in net assets held continuously over six months—including through Bitcoin or Ethereum—making it easier for tech entrepreneurs, blockchain founders, and digital investors to qualify.
3. Reinforcing Hong Kong’s Status as a Global Financial Hub
As one of the few jurisdictions worldwide to formally include crypto in immigration criteria, Hong Kong differentiates itself from traditional financial centers like London, Singapore, or New York. This bold step enhances its appeal as a forward-thinking destination for fintech innovation and cross-border investment.
👉 See how leading investors are leveraging crypto for global mobility—learn more now.
4. Accelerating Financial Technology Development
Accepting crypto in public policy sends a powerful signal: Hong Kong welcomes innovation. This fosters an environment where blockchain startups, decentralized finance (DeFi) projects, and Web3 enterprises can thrive. It also encourages family offices and private wealth managers to establish operations in Hong Kong, aligning with the city’s growing reputation as a hub for digital asset management.
Evolution of Hong Kong’s Investment Immigration Program
Launched in 2023 after a five-year suspension, the revamped Capital Investor Entrant Scheme has undergone several enhancements:
- March 2024: Official launch of application processing.
- October 2024: Residential property added as an eligible investment.
- March 2025: Applicants can now hold qualifying investments via sole proprietorships or wholly-owned private companies.
- Early 2025: Net asset requirement adjusted—applicants must demonstrate absolute beneficial ownership of HK$30 million in assets over a six-month period.
These changes reflect a responsive, investor-friendly approach that accommodates modern wealth structures—including digital portfolios.
According to data from the Immigration Department, demand remains strong:
- 716 initial applications submitted in 2024
- 625 received conditional approval (87.3% success rate)
- 240 completed investment phase submissions
- 215 granted final approval (89.6% success rate)
This upward trend highlights growing confidence in Hong Kong’s economic stability and openness to innovation.
How Cryptocurrency Qualifies Under the Scheme
To use Bitcoin or Ethereum for immigration purposes, applicants must meet specific criteria:
- Hold BTC or ETH directly (not derivatives or exchange balances unless on licensed platforms)
- Demonstrate clear ownership via wallet addresses, transaction history, and valuation reports
- Provide proof that total asset value meets or exceeds HK$30 million over six consecutive months
- Submit third-party verification from regulated custodians or accounting firms
While only BTC and ETH are currently accepted, experts anticipate future inclusion of other large-cap digital assets if market maturity and regulatory clarity continue to improve.
Frequently Asked Questions (FAQ)
Q: Can I use any cryptocurrency for Hong Kong investment immigration?
A: As of now, only Bitcoin (BTC) and Ethereum (ETH) are officially recognized as acceptable forms of asset proof under the New Capital Investor Entrant Scheme.
Q: Do I need to sell my crypto to qualify?
A: No. You do not need to liquidate your holdings. You only need to prove ownership and sustained value of at least HK$30 million over six months.
Q: Is there a specific wallet type required?
A: There is no mandated wallet provider, but you must provide verifiable evidence of control—such as private key access logs (without revealing keys), blockchain explorer links, and custodial statements from regulated institutions.
Q: Can I apply through a company holding crypto?
A: Yes. Since March 2025, applicants may hold qualifying assets through a wholly-owned private company, which also supports alignment with family office setups in Hong Kong.
Q: Are gains from crypto trading counted toward net worth?
A: Yes, capital appreciation is included in net worth calculations, provided it is documented and verified through audited records or recognized valuation methods.
Q: Does holding crypto guarantee approval?
A: No. While crypto can serve as asset proof, all standard due diligence checks—including background screening and source-of-funds verification—still apply.
👉 Ready to explore your eligibility? Start your journey toward global access today.
The Bigger Picture: Hong Kong’s Vision for Digital Finance
Hong Kong’s acceptance of cryptocurrency in immigration policy is more than a procedural update—it's part of a comprehensive strategy to become Asia’s premier digital finance hub. From launching virtual asset exchange licensing regimes to hosting major Web3 conferences and supporting stablecoin development, the city is building a full-stack ecosystem.
For investors, this means more than just residency—it offers access to a dynamic market where traditional finance meets decentralized innovation.
As global attitudes toward digital assets evolve, Hong Kong’s early-mover advantage could attract billions in new capital—and redefine what it means to be wealthy in the 21st century.
Final Thoughts
The integration of Bitcoin and Ethereum into Hong Kong’s investment immigration framework marks a turning point in how governments view digital wealth. No longer seen as speculative tools, cryptocurrencies are now recognized as legitimate components of net worth—especially when held responsibly and compliantly.
For forward-thinking investors, this opens doors not only to residency but to participation in one of the world’s most vibrant financial ecosystems.
With continued regulatory clarity, infrastructure development, and global demand for flexible mobility solutions, Hong Kong is poised to lead the next wave of financial transformation—one blockchain transaction at a time.