According to a representative from Invest Hong Kong, the government agency responsible for facilitating foreign investments, cryptocurrencies such as bitcoin and ether can be utilized as proof of assets when applying for the New Capital Investment Entrant Scheme visa. To be eligible, applicants must demonstrate ownership of net assets valued at a minimum of HK$30 million over a specified period. Although there are no specific requirements regarding the type of assets, a chartered public accountant must verify the valuation report.
An accountant in Hong Kong has reported successful cases of using bitcoin and ether as proof of assets for the program on social media. Upon visa approval, applicants are required to invest an additional HK$30 million in permissible assets, which does not include cryptocurrency. Currently, Hong Kong is home to nine licensed crypto exchanges, and the New Capital Investment Entrant Scheme has attracted over 750 applicants, according to a government spokesperson.