The 2026 Policy Address is the year’s defining event for Hong Kong’s family office industry: the Chief Executive delivered it on 16 September 2026, releasing Hong Kong’s first five-year plan (2026–2030) at the same time. As promised within 48 hours, this page has been updated into a clause-focused analysis — covering the three measures directly relevant to family offices and the inaugural five-year framework.
Measure 1: Optimising the tax regimes for funds, single family offices and carried interest
The Address commits to building a more attractive asset and wealth management ecosystem through optimising the concessionary tax regimes for funds, single family offices and carried interest. This is a further round of tax optimisation after Schedule 16E took effect in 2023 — watch the forthcoming legislative amendments for scope and threshold refinements. For families: greater tax certainty and potentially wider eligibility.
Measure 2: 220 more family offices in 2026–2028
The government has published a Family Office Guide with a new target: attracting 220 additional family offices to Hong Kong between 2026 and 2028, bringing capital, talent and business opportunities. Versus the previous stage (200 by end-2025), the new phase scales up — averaging over 70 offices a year. InvestHK’s FamilyOfficeHK sourcing and service machinery will keep expanding.
Measure 3: CIES property cap raised to HK$15 million
The New Capital Investment Entrant Scheme (CIES) is optimised: the cap on residential and non-residential property counting toward eligible investments rises from HK$10 million to HK$15 million — within the unchanged HK$30 million total, families gain more room to satisfy the investment requirement through property, materially lowering the entry bar for HNW individuals.
The first five-year plan (2026–2030): the strongest continuity signal
For the first time the Address was released together with a five-year plan — family office and wealth management measures are now inside a five-year framework, meaning policy will not swing year to year. For families making long-horizon structural arrangements, five-year certainty is itself value.
Industry response
Institutions including RFO Bankers welcomed the five-year plan and the Address’s measures, noting that the tax concession regime and capital-attraction steps further strengthen Hong Kong’s position as an MFO hub. Industry analysis adds that after 2026, Hong Kong family offices’ competitive edge will rest on the combined effect of talent, technology and family governance rather than assets under management alone.
Key industry data
The 2026 Policy Address was delivered on 16 September 2026, releasing the first five-year plan (2026–2030).
The government targets 220 additional family offices settling in Hong Kong across 2026–2028.
The CIES property cap within eligible investments rose from HK$10 million to HK$15 million.
Hong Kong hosted more than 3,380 single family offices by the end of 2025 (InvestHK / Deloitte).
Hong Kong books about US$2.5 trillion of cross-border wealth — the world’s largest hub (BCG, 2026).
Practical impact for families
- Reassess SFO structure tax efficiency once the tax optimisation details land.
- The higher CIES property cap changes portfolio design — rebalance property versus financial assets.
- The five-year plan opens a policy-certainty window — plan succession and philanthropy on a five-year horizon.
FAQ
Was the preview promise kept?
Yes — this article is the clause-focused analysis completed within 48 hours of delivery, with the date refreshed.
What else does the five-year plan include for families?
The plan frames economic diversification as a whole, with family offices and wealth management one pillar; other tracks (innovation, talent) also shape the family business environment — read the full document.
Further reading
For status, see the CIES basics guide; for the tax package, see the family office tax concession; for 2025’s measures, see the CIES threshold analysis; for jurisdiction choice, see Hong Kong vs Singapore.