The 2015 Wealth Report shows that in 2014, the number of super-rich individuals in China with net assets exceeding $30 million reached 8,366. This figure is expected to reach 15,681 by 2024, ranking third in the world. The primary wealth goal for China's high-net-worth individuals has shifted from creating more wealth to wealth succession and asset protection. Many family businesses are facing not only the issue of wealth succession but also the challenges of cultural inheritance and leadership transition. Establishing family trusts has become quite common in Europe and the United States. The assets of families such as the Rockefellers and the Kennedys are managed in this way. In recent years, family trusts for wealthy individuals in China have also gradually emerged.
On August 20, 2016, the Beijing office of Worldway Immigration Group invited renowned U.S. expert Ms. Sheila Luo to visit Worldway and provide firsthand guidance to existing clients and investors on how to manage trusts to ensure family assets remain secure and protected from depreciation. At the same time, she also explained popular topics for new U.S. immigrants, such as the Affordable Care Act (Obamacare), homeowners insurance, and auto insurance, which were well-received by the attending investors.
The customer service team at the Beijing office of Worldway Immigration Group has always been patient, timely, and professional in resolving issues for clients, serving as a reliable partner on their immigration journey. Furthermore, we regularly invite experts to assist clients with various aspects of daily life and financial management. As a leading institution in the immigration industry with 19 years of experience, Worldway has established a customer service center in Los Angeles, California, to better provide clients with comprehensive landing and settlement assistance services. In addition, if investors have needs regarding real estate purchases, overseas education, tax planning, or financial taxation, they can contact the Worldway Los Angeles customer service center at 001-626-522-6522 or call the Worldway Beijing office hotline at 400-6622-699.