There are no limitations for foreign investors to purchase  property in Hong Kong and even renting  it out. So, if you have the capacity to buy, don’t pass on the opportunity to gain heavy profits by investing in Hong Kong property

Who can invest in Hong Kong?

There is no doubt that foreigners are more than welcome to come and invest in Hong Kong property except that the market is not open for investors coming from  Cuba, Afghan, Albania, North Korea and even Mainland China(unless they are permanent residents in another country).

One of the most vital facts that every foreign investor should know is that by becoming a homeowner in HK will not make them a  permanent resident. The HK government has put an end in offering residency to foreign investors and have even started  a rent-to-buy program. The reason behind this action was to cool down the market and lessen the sky rocketing property rates.

Whether or not you been able to obtain mortgage for purchasing a property in HK is the only one that matters when searching this property market. Almost half of seven million residents of HK  reside in government housing and if you are prepared to pay the price, the rest of the city is up for grabs.

Prices of properties  in Hong Kong  is very high. It is common knowledge that it’s one of the most expensive real estate markets in the world. Even if you want to acquire a tiny apartment in a modest locality of HK and that too in a multi-tower development, you may have to shell out approximately 2.5 million HK dollars or more.

Buying land in Hong Kong:

Purchasing land in Hong Kong is not that simple due to the fact that apart from the St. John Cathedral which is the only freehold property in Hong Kong, the rest of all available land belongs to the government.  For sure, you can acquire  land in Hong Kong but on a renewable leasehold basis that is now given for 50 years.

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