Import-Export Business Owner: QMAS Residency and Global Family Wealth Planning

Customer Profile

Core Challenges

For 12 years, Ms. Deng has run a cross-border import-export business, traveling frequently to Hong Kong for orders and trade shows. Without Hong Kong residency, she faced constant constraints on length of stay, corporate account opening, bank financing, and access to local business resources. Meanwhile, the family's roughly RMB 38 million in assets was heavily concentrated in mainland company equity, factory inventory, and domestic real estate, leaving it highly exposed to industry cycles, currency swings, and tax-policy shifts. With two children approaching school age and targeting Hong Kong's DSS international schools, the family also wanted to settle, access healthcare, and travel from Hong Kong. The family further lacked structured tools for wealth segregation and generational succession.

Solutions

Baiyue designed a three-stage closed-loop plan: secure residency via QMAS, diversify assets globally, then establish a family trust for succession. First, leveraging Ms. Deng's trade-industry credentials, management experience, international business results, and industry contributions, the team mapped the QMAS points-based system and refined the application, business plan, and industry value statement, filing with the Immigration Department and securing a pathway to permanent residency, while resolving her needs around a business base, company setup, bank accounts, local schooling, healthcare benefits, and visa-free travel. Second, the RMB 38 million portfolio was diversified globally: 35% mainland core assets (retaining trading-company equity, working capital, and the primary residence), 20% Hong Kong blue-chip listed equities, 15% U.S. ETFs and global active funds, 12% Hong Kong residential property, 8% Malaysian overseas commercial real estate, and 10% Hong Kong offshore insurance and low-risk principal-protected products. Third, after residency was granted, an offshore family trust was established, placing select financial assets and overseas property into the trust, earmarked for the children's full education in Hong Kong, family medical expenses, asset-risk isolation, and orderly succession.

Project Execution

The engagement ran 7 months in total. Months 1-2 covered the QMAS application: credential scoring, document collection, resume packaging, business proposal drafting, and filing, with follow-up on supplementary submissions until formal approval. Months 2-4 opened cross-border accounts and deployed financial assets, setting up Hong Kong personal banking, securities, and overseas fund accounts, engaging licensed investment advisers, and finalizing Hong Kong and U.S. equity funds and offshore insurance. Months 4-5 completed overseas property review and purchase, including Hong Kong residential selection and on-site inspection of the Malaysian commercial unit, with due diligence, negotiation, signing, and title registration. Months 6-7 saw Hong Kong solicitors and tax advisers customize the trust terms, beneficiary allocation, and asset-injection process, bringing the family trust structure into effect. Baiyue provided dedicated, one-on-one support throughout.