2017 marked the first year of CRS implementation in China. Against the backdrop of China's methodical implementation of the Common Reporting Standard (CRS) and the era of global taxation, the overseas financial asset allocations of China's high-net-worth individuals may face exposure! To make matters worse, the domestic real estate market has recently seen a series of increasingly stringent purchase restriction policies, coupled with the impending property tax. Is the domestic real estate market still worth investing in? If you choose not to invest, how should you manage your existing investment assets?
In fact, by investing in Dominica immigration, you can easily address the aforementioned issues with a Dominican passport.
Addressing CRS: Dominica is a world-class tax haven with favorable tax policies. It does not levy capital gains tax, inheritance tax, or gift tax, and it is one of the few countries that does not impose global taxation. By holding a Dominican passport, you can open overseas accounts as a Dominican citizen and transfer assets to these offshore accounts, thereby reasonably avoiding CRS.
Addressing domestic real estate purchase restrictions and the impending property tax: Compared to the volatile and singular domestic real estate investment market, rather than worrying about whether to continue investing, it is better to look globally for new investment opportunities. Dominica has a well-developed offshore financial sector. By using a Dominican passport to open overseas accounts as a Dominican citizen and transferring assets to offshore accounts, you can then select more diverse and suitable investment methods in larger overseas markets to achieve broader asset allocation, allowing your displaced investment assets to be easily transferred and globally allocated.
How can you apply for a Dominican passport? You can do so through the following two methods:
1. Invest (donate) at least $100,000 to the Dominica Government Fund;
2. Citizenship by real estate investment: Invest no less than $200,000 in a government-approved real estate project.
For more details on immigration, please call the Worldway Immigration Group hotline: 400—9626—886.