Recently, the authoritative release of the "Top 10 Immigration Events of 2016" by Worldway Immigration has garnered widespread attention from domestic media and industry professionals. Among these, the participation of 101 tax jurisdictions in the CRS has led to the popularity of Commonwealth citizenship by investment programs, which offer global tax avoidance benefits, successfully earning them a place in the top 10 immigration events of 2016.
As 101 tax jurisdictions, including China, participate in the CRS and implement the automatic exchange of information on financial accounts for tax purposes, Commonwealth passport programs—including those of Dominica, Antigua and Barbuda, and Saint Kitts and Nevis—have become highly sought after by global investors due to their tax avoidance capabilities.
Among these, the Dominica passport program, characterized by its simple procedures, fast approval speed, and low investment threshold, is particularly popular with investors. Furthermore, Dominica is a world-class "tax haven" with no capital gains tax, gift tax, or inheritance tax. It is one of the few countries that does not impose global taxation, and it implements a zero-tax policy on the overseas assets of its citizens, which is conducive to reasonable tax planning for individuals and companies.
There are two main ways to obtain citizenship by investment in Dominica:
1. Invest (donate) at least $100,000 to the Dominica Government Fund;
2. Citizenship by real estate investment: Invest at least $200,000 in a government-approved real estate project.
As one of the first immigration agencies in China to promote the Dominica citizenship program, Worldway Immigration Group maintains an excellent relationship with the Dominica government. Prime Minister of Dominica, Mr. Roosevelt Skerrit, has visited China twice to promote the Dominica passport program, visiting Worldway Immigration Group's Hong Kong and Shanghai offices respectively. Mr. Vince Henderson, Ambassador and Permanent Representative of Dominica to the United Nations, visited Worldway Immigration Group's Shenzhen office. Dominica's political leaders have repeatedly affirmed the achievements made by Worldway in the field of investment immigration and have awarded Worldway the honorary certificate of "Valued Partner of the Dominica Citizenship by Investment Programme."
For more immigration consultations, please call: 400—9626—886.