A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg
A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg
Business

Desperate UK developers offer ‘red packet’ promotions of zero stamp duty, discounts, and free furniture to entice Hongkongers looking to relocate

  • Home builders in London took advantage of Lunar New Year to see if the Chinese tradition of ‘lai see’ would bring them a much-needed change of fortune
  • The financial sweeteners on offer included steep discounts for buyers of multiple units, full payment of stamp duty and free furniture

Topic |   British National (Overseas) passport
Cheryl Arcibal
Cheryl Arcibal

Updated: 7:30am, 23 Feb, 2021

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A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg
A copy of the British National (Overseas) passport arranged in Hong Kong. UK developers are hoping to capitalise on an expected influx of Hongkongers. Photo: Bloomberg
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