Financial Tests
B. Financial Tests
The applicant must pass both the income and asset tests :
- Income Test
The total assessable monthly household income of the applicant and his/her family must be insufficient to meet their total monthly needs as recognized under the Scheme. - Asset Test
The total value of the capital assets* (including land/properties, cash, bank savings, cash value of insurance policies, pre-surrender/surrender value of annuity schemes, investments in stocks and shares, and other readily realizable assets) of the applicant and his/her family members must not exceed the prescribed limit.
* including those in Hong Kong, Macao, the Mainland or overseas