CAIS ICN & ICC

Cammycad

The ICN for this year is $400k .  What about ICC? Thx a lot!

happy116

原帖由 Cammycad 於 16-06-13 發表
The ICN for this year is $400k .  What about ICC? Thx a lot!

The price of ICC is subject to the price of ICN purchased and number of ICC that the parent has already bought.

tigerbabymami

must buy this year even in the old campus?

Cammycad

原帖由 happy116 於 16-06-14 發表
The price of ICC is subject to the price of ICN purchased and number of ICC that the parent has alre ...

What about if I have bought the ICN at $400k... So how much is the price of the 1st ICC? Thx a lot

happy116

原帖由 Cammycad 於 16-06-30 發表
What about if I have bought the ICN at $400k... So how much is the price of the 1st ICC? Thx a lot



  ...

Based on my understanding, it is 90% of the ICN value, ie 360k in this case.

Cammycad

原帖由 happy116 於 16-06-30 發表
Based on my understanding, it is 90% of the ICN value, ie 360k in this case.

Thx a lot

random_dad

原帖由 tigerbabymami 於 16-06-14 發表
must buy this year even in the old campus?

Risk if you don't buy now is that they may not have any more ICNs left for sale, and you will be instead paying a non-refundable capital levy (est. $25k/yr or higher) each year.  

They have made it clear there will be more students than ICNs issued.  Of course, some will choose to not buy (employer will pay for capital levy, their kids only have a few years left at CAIS, and myriads of other reasons), but that choice is up to you.  If you were looking to "wait" a year before purchasing, there is a chance it will backfire and will end up costing you in the form of a capital levy.