Hong Kong has introduced a new and revamped Capital Investment Entrant Scheme (New CIES) aimed at enriching the talent pool and attracting more new capital to Hong Kong. Under the New CIES, foreign investors may be granted residency permission in Hong Kong (with a pathway to permanent residency) based on a qualifying investment in Permissible

On July 14, 2020, President Trump issued an Executive Order that has redefined the country’s relationship with Hong Kong. The Executive Order appears to be in retaliation to the Chinese government’s legislative actions in May that imposed national security measures on Hong Kong. Specifically, the President denounced the actions of the People’s Republic of China