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Hong Kong revives scheme to lure global U/HNWIs. Will it work?

Hong Kong is set to revive the suspended Capital Investment Entrant Scheme (CIES) with new tweaks to allow eligible wealthy individuals to gain permanent residency in the city, underscoring the government’s efforts to lure back talent and wealth amid a lull in its financial markets. The CIES has been on ice since January 2015 but is set to return in…

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