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* (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