📢 Crypto investors can now use Bitcoin and Ethereum as proof of assets for Hong Kong’s investment immigration program.
Hong Kong Accepts Crypto for Investment Immigration
Hong Kong has taken a major step in crypto adoption by allowing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This decision highlights the city’s growing openness to digital assets in its financial system.
Reports confirm that at least two applicants have already received approval using crypto to meet the investment threshold.
Bitcoin and Ethereum Now Valid for Immigration
✅ First Crypto-Based Approvals
According to reports from Colin Wu, one applicant secured approval by presenting HK$30 million ($3.8 million) worth of Ethereum. Another individual successfully used Bitcoin to meet the requirement in October 2024.
While details remain limited, sources suggest both applicants may be from mainland China.
✅ Strict Crypto Storage Rules
To qualify, applicants must prove they hold at least HK$30 million ($3.85 million) in assets and invest the same amount in Hong Kong within six months.
Crypto assets must be stored in cold wallets or held on trusted exchanges like Binance.
✅ A Shift in Immigration Policies
Historically, stocks were the primary assets for investment immigration. While crypto is now being accepted, it’s still unclear whether direct crypto investments or crypto-based ETFs will qualify.
Successful applicants receive a two-year visa, requiring three renewals before securing permanent residency. Authorities will closely monitor asset holdings throughout the process.
Hong Kong Strengthens Its Crypto Leadership
This decision aligns with Hong Kong’s push to become a global digital finance hub. Over the years, the city has focused on regulating stablecoins and crypto exchanges, solidifying its position in Asia’s digital asset market.
By welcoming cryptocurrency into investment immigration, Hong Kong reinforces its commitment to financial innovation.
Key Takeaways
✔ Bitcoin and Ethereum are now valid proof of assets for Hong Kong immigration.
✔ At least two applicants have received approvals using crypto.
✔ HK$30 million in assets is required, with strict storage rules for crypto.
✔ Applicants receive a two-year visa, with renewals required for permanent residency.
✔ Hong Kong aims to become a leading global hub for digital finance.
