Financial Tests

B. Financial Tests

The applicant must pass both the income and asset tests :

1. 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.
2. Asset Test
   The total value of the capital assets in Hong Kong, Macao, the Mainland or overseas [including land/properties, cash, stored value remaining on the Stored Value Facilities (e.g. Octopus and e-wallets), bank savings, cash value of insurance policies, pre-surrender/surrender value of annuity schemes, investments in stocks and shares, deposits in betting accounts, and other readily realizable assets] held by the applicant and his/her family members must not exceed the prescribed limit.