Hong Kong Family Office Incentives Expanded to Attract Global Wealth

Hong Kong family office incentives are being expanded as the city steps up its efforts to attract global wealth and strengthen its financial ecosystem. Financial Services Secretary Christopher Hui announced that new legislation will be introduced next year to extend tax concessions to carbon credits and digital assets, while also expanding eligible investments to private credit. Hong Kong aims to help 220 family offices establish or expand operations between 2026 and 2028, surpassing its previous goal of 200. The Capital Investment Entrant Scheme, granting residency to investors of HKD30m (USD3.85m), complements these incentives. Meanwhile, the Hong Kong Academy for Wealth Legacy has trained 3,000 professionals to bolster the city’s wealth management industry.