Can I activate the Southbound Scheme if my place of birth/nationality is the United States?
The Southbound Scheme service only accepts applications from Guangdong-Hong Kong-Macao Greater Bay Area residents who meet the requirements set by the Mainland regulatory authorities.
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Questions related to "Southbound Scheme Dedicated Investment Account" Questions related to
Can Southbound Scheme handle foreign currency deposits and withdrawals?Are there any restrictions on transferring currencies in Southbound Scheme?Can funds in the Southbound Scheme Dedicated Investment Account be withdrawn in cash?How long does it take for Southbound Scheme remittances from Chinese Mainland to reach the Southbound Scheme Dedicated Investment Account? Is it real-time automatic crediting? Are there any remittance fees?Does my reference letter include information about my investments and Southbound Scheme?
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