Business Investment Visa aimed at active entrepreneurs: applicants must have a relevant academic qualification and will incorporate an LLC in Hong Kong which creates local jobs and will benefit the applicable overall industry. In return the entrepreneur and his family will get temporary residence for one year which can be renewed for two more years and lead to permanent residency after seven years. It is technically possible for a non-Chinese to become a citizen in Hong Kong, but each application is dealt with on its merit and is dependent on a host of factors. The Hong Kong Programme has been suspended until further notice.
Singapore is an island state of the coast of Malaysia with an advanced economy and high standard of living. While the majority of the population is ethnic Chinese, English is widely spoken. The Singapore residency through investment scheme is called the Global Investor Programme (GIP) and it available to foreign applicants who are prepared to invest at least S$2.5 million (US$2 million). Applicants must also have a three-year specific track record of business and entrepreneurial experience and a good business plan. The required investment can go towards starting a new business or expand one already in operation, or to a GIP-approved fund that invests in Singapore-based companies and helps grow targeted industries. Once the approval has been given and the investment is made, permanent residency will be granted and a blue identity card issued, which allows the holder to live and work in Singapore for at least five years, enjoy some tax and social benefits. A Singapore permanent resident over 21 years with at least two years of permanent residence and who is gainfully employed can apply for Singapore citizenship under the Accelerated Citizenship Scheme. Dual citizenship is prohibited and all male Singapore citizens and permanent residents are liable for National Service when they turn 16 ½ years.