Hong Kong (HK)

Jurisdiction Overview

IDQuestionAnswer
418 *Freeports: Are freeports/free trade zones/foreign trade zones/bonded warehouses promoted as places to store valuable assets (e.g. gold bullion, art, precious stones, jewelry, cash, antiquities, wines, cigars, cars)? Yes
 Data Date: 2019

Notes

 
Hong Kong operates bonded warehouses in its territory. Private actors were found to promote the use of free trade zones for the storage of high-value assets such as gold, diamonds, and jewelry.

Sources

http://www.malca-amit.com/hong-kong.html
 
http://www.malca-amit.com/vaults--ftz-facilities.html
 
https://www.goldmoney.com/dealing-rates-and-storage-fees
 
http://www.scmp.com/business/companies/article/1938220/hong-kongs-local-gold-exchange-work-icbc-launch-shenzhen-services