Hong Kong Accepts Bitcoin, Ethereum For Investment Visa Eligibility

Hong Kong’s new Capital Investment Entrant Scheme has expanded its scope to include Bitcoin and Ethereum as valid proof of wealth for individuals seeking an investment visa.

This move is part of the government’s effort to attract wealthy immigrants and boost its status in the blockchain and digital asset industry.

The program, which requires applicants to prove ownership of assets worth at least HK$30 million (around $3.8 million), has no restrictions on the type of assets. However, while Bitcoin and Ethereum can now be used as proof of wealth, applicants must submit a signed valuation report, certified by a chartered public accountant, to confirm the value of their digital assets.

Despite cryptocurrency being accepted as proof of wealth, there are limitations regarding its use in the initial investment. Crypto cannot be used directly to meet the HK$30 million investment requirement. The funds must come from other permissible assets as outlined in the scheme’s regulations.

This step by Hong Kong aims to foster closer ties with the global blockchain community, as the region already hosts up to nine licensed virtual assets trading platforms, all operating under the territory’s regulatory framework.

The visa scheme has attracted attention from wealthy individuals looking to migrate to Hong Kong, with more than 750 applications submitted through the program. The process involves multiple verification steps, including providing wallet addresses and transaction histories, all of which are subject to rigorous checks by professional accountants and auditors.

As of February 2025, the program is still accepting applications, and cryptocurrency holders are encouraged to take advantage of this new avenue for securing residency rights in Hong Kong.

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