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Hong Kong expands scope of CIES, weighs single-family office tax breaks

Hong Kong authorities in October expanded the scope of the Capital Investment Entrant Scheme (CIES) to include investments in residential properties and said they are considering further tax breaks for single-family offices in the city. The CIES aims to attract investment by granting residency status to applicants who make investments in the city under qualifying criteria. In his policy address…

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