CRS Hot Topic Interpretation and Commonwealth Passport Program Seminar
Time: April 22, 2017 (Saturday) 14:00-17:00
Reservation Hotline: 400-7885-855
Location: 6th Floor, Excellence Times Square, 4068 Yitian Road, Futian Central District, Shenzhen
Event Highlights:
1. Senior immigration experts provide a comprehensive interpretation of CRS
2. Commonwealth passports: How to easily cope with CRS
2017 marks the first year of CRS implementation in China. Against the backdrop of China's steady implementation of CRS and the era of global taxation, the overseas financial asset allocation of China's high-net-worth individuals may face the risk of being "exposed"! Simply put, CRS aims to enhance tax transparency and combat cross-border tax evasion by exchanging tax resident information between participating countries and regions.
The implementation of CRS means that if you are still a Chinese passport holder, or a foreigner residing in China for a long term, your overseas financial assets will be transparent to the State Taxation Administration of China!
Next, what you will face is:
Tax payment, tax payment, tax payment...
With the start of China's CRS era in 2017, how to conduct reasonable tax planning so that overseas assets are not affected by CRS has become a hot topic among high-net-worth individuals and the middle class. If you possess a versatile Commonwealth passport, you can not only easily cope with CRS and achieve reasonable tax planning, but also allow your overseas assets to enjoy zero taxation.
Commonwealth Passport Programs
Dominica Passport Program
A Dominica passport allows your overseas assets to enjoy zero taxation!
The most affordable Commonwealth passport: With an investment starting from just USD 100,000, you can apply for a Commonwealth passport in one go.
Investment Method 1 (Real Estate Investment):
1. The applicant must purchase government-approved real estate worth no less than USD 200,000;
2. The property can be sold after 3 years, and the status will not be affected after the sale;
3. If sold after 5 years, the next buyer of the property can also apply for citizenship based on this property.
Investment Method 2 (Government Fund Investment):
The investment amount varies according to the number of applicants
1. Single applicant: Investment amount of USD 100,000
2. Two applicants (main applicant and spouse): USD 175,000
3. Within four people (main applicant, spouse, and up to 2 dependent applicants under 18): USD 200,000
4. More than four people (main applicant, spouse, and up to 2 dependent applicants under 18): USD 200,000; for dependent applicants beyond this scope, USD 50,000 per person.
Saint Kitts and Nevis Passport Program
For overseas asset allocation, status comes first; a Saint Kitts passport helps you achieve your goals
Investment Method 1 (Real Estate Investment):
The applicant invests at least USD 400,000 in a real estate project in a government-designated area. The property can be sold five years after purchase, and the next buyer can also apply for citizenship by purchasing the property.
Investment Method 2 (Sugar Industry Diversification Foundation):
1. The applicant invests at least USD 250,000 in the Sugar Industry Diversification Foundation
2. When applying as a family, the investment amount varies according to the total number of applicants:
① Single person: USD 250,000;
② Main applicant + up to 3 dependents: USD 300,000;
③ For more than 3 dependents, add USD 25,000 for each additional person
Antigua and Barbuda Passport Program
1. Real Estate
The applicant must purchase property worth no less than USD 400,000 in a state-designated project; multiple applicants can purchase the same project, but each applicant's investment must not be less than USD 400,000. The property can be sold after five years.
2. National Development Fund
The applicant donates no less than USD 200,000 to the National Development Fund or a charitable foundation.
(a) Single applicant: US$200,000
(b) Family application, 4 applicants or fewer: US$200,000
The two youngest accompanying dependents are exempt from government application fees
(c) Family application, 5 applicants or more: US$250,000
The three youngest accompanying dependents are exempt from government application fees
3. Business investment of at least USD 1.5 million
Launched by Worldway Group, the Callaloo Cay luxury resort project, jointly invested and owned by the Antigua government and the UAE royal family, is recruiting 50 investors globally. Currently, the quotas for this project are being snapped up.
Vanuatu Passport Program
According to the Vanuatu Citizenship Act: Overseas individuals can quickly obtain a Vanuatu passport by donating USD 130,000 to the Vanuatu government, becoming a citizen of Vanuatu and enjoying the rights of a Vanuatu citizen.
Cyprus Passport Program
Investment Method:
1. The applicant can quickly obtain an EU passport for the whole family by investing 2 million Euros to purchase a private estate.
2. The applicant can quickly obtain an EU passport for the whole family by investing 2 million Euros to purchase multiple real estate properties (residential).
3. The applicant can quickly obtain an EU passport for the whole family by investing 2 million Euros to purchase multiple properties (a combination of residential and commercial real estate, or all commercial real estate), and additionally purchasing a residential property worth no less than 500,000 Euros.
