🚀 Hong Kong Allows Cryptocurrency As Proof Of Assets For Visa Applications
#HongKong #Cryptocurrency #VisaApplications #Bitcoin #Ethereum #CapitalInvestmentEntrantScheme #InvestHK #ProofOfAssets #BTC #ETH
According to PANews, a spokesperson from Hong Kong's InvestHK has confirmed that cryptocurrencies, including Bitcoin and Ethereum, can be used as proof of assets when applying for the Capital Investment Entrant Scheme visa. Applicants must demonstrate a net asset value of at least HKD 30 million (approximately USD 3.8 million) over a specified period. The valuation report must be signed by a chartered accountant, although there are no specific asset type requirements.
A Hong Kong-based accountant shared on social media a successful case where Bitcoin and Ethereum were used as proof of assets for this scheme. Once the visa is approved, applicants are required to reinvest HKD 30 million into what is termed as "permissible assets." However, the InvestHK spokesperson clarified that cryptocurrencies are not considered "permissible assets" under the visa requirements.#HongKong #Cryptocurrency #VisaApplications #Bitcoin #Ethereum #CapitalInvestmentEntrantScheme #InvestHK #ProofOfAssets #BTC #ETH
🚀 U.S. Gold Card Visa Applications Could Generate Significant Revenue
#GoldCardVisa #USCommerce #HowardLutnick #VisaApplications #Entrepreneurship #RevenueGeneration #NationalDebt #DonaldTrump
According to BlockBeats, U.S. Commerce Secretary Howard Lutnick stated in a media interview on February 26 that approximately 250,000 people are currently waiting to apply for the 'Gold Card' visa. Priced at $5 million each, this could potentially generate $1.25 trillion in revenue for the United States. Lutnick emphasized that applicants for the 'Gold Card' will undergo a review process and are expected to bring entrepreneurial spirit, skills, and growth to the country. On the same day, U.S. President Donald Trump mentioned during a cabinet meeting that selling 10 million 'Gold Card' visas could pay off the national debt and even generate an additional $15 trillion.#GoldCardVisa #USCommerce #HowardLutnick #VisaApplications #Entrepreneurship #RevenueGeneration #NationalDebt #DonaldTrump