Income and Asset Limits
Income and Total Net Asset Limits for Single Persons and Families (Effective from 1 April 2012)
| Family Size | Maximum Income Limit (per month) (2) | Total Net Asset Limit | ||
|---|---|---|---|---|
| 1 Person |  |
$8,740 ($9,200) | |
$203,000 (1) |
| 2 Persons | |
$13,410 ($14,116) | |
$274,000 (1) |
| 3 Persons | |
$17,060 ($17,958) | |
$359,000 (1) |
| 4 Persons | |
$20,710 ($21,800) | |
$418,000 (1) |
| 5 Persons | |
$23,640 ($24,884) | |
$465,000 |
| 6 Persons | |
$26,590 ($27,989) | |
$503,000 |
| 7 Persons | |
$29,560 ($31,116) | |
$537,000 |
| 8 Persons | |
$31,620 ($33,284) | |
$563,000 |
| 9 Persons | |
$35,360 ($37,221) | |
$622,000 |
| 10 or more Persons | $37,150 ($39,105) | $670,000 |
Income and Total Net Asset Limits for Unrelated Elderly Persons (Effective from 1 April 2012)
Family Size | Maximum Income Limit (per month) (2) | Total Net Asset Limit |
||
|---|---|---|---|---|
| 2 Persons | |
$16,090 ($16,937) | |
$548,000 |
| 3 Persons | |
$20,470 ($21,547) | |
$718,000 |
| 4 Persons | $24,850 ($26,158) | $836,000 |
| Remarks: | (1) | Asset limits for households of 1 to 4 persons whose members are all Elderly Persons (aged 60 or above) are $406,000, $548,000, $718,000 and $836,000 respectively. |
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(2) | Figures in ( ) denote the effective income limits should an applicant and all family members be contributing 5% of their income under the Mandatory Provident Fund (MPF) or Provident Fund Scheme as required by the law. |
