Last weekend, WorldWay Immigration Group successfully held the "Interpretation Conference on the U.S. Tax Reduction Storm and New Investment Immigration Policies" in various locations including Beijing, Shanghai, Shenzhen, and Qingdao. U.S. tax experts and WorldWay Immigration specialists were present to provide in-depth analysis of Trump's tax cuts and new investment immigration policies, attracting numerous investors to attend and listen.
At the conference, a well-known U.S. tax expert provided the latest in-depth analysis of the tax reduction plan under Trump's new policies, pointing out that Trump's tax reduction plan is referred to as the largest tax cut in U.S. history, benefiting both individuals and corporations significantly.
On one hand, the personal income tax rate in the U.S. has been simplified from the current seven brackets to three brackets, with a maximum rate of 35%. The highest personal income tax rate in the U.S. was already lower than that of China before the tax reform, and it is now 10% lower than that of China after the reform.
Especially with the abolition of the estate tax, which has removed the biggest obstacle for high-net-worth individuals to immigrate to the U.S., the wealthy class considering immigration will no longer have concerns about estate and gift taxes.
On the other hand, the corporate income tax in the U.S. has been significantly reduced, with the new tax rate set at 15%, far below the 25% corporate income tax rate in mainland China, and even lower than the corporate income tax rate in Hong Kong (16.5%). The U.S. has become a new tax haven.
The tax expert further pointed out: The final reform direction and content of Trump's tax reduction bill still await formal announcement by the U.S. government, and once this tax reform plan is passed, the U.S. is likely to become a global tax haven. In the context of China soon joining the Common Reporting Standard (CRS) and the dim outlook for the Renminbi, more and more high-net-worth individuals are considering the U.S. as an ideal location for asset allocation, and the EB-5 investment, as a multi-benefit U.S. dollar investment, will once again spark a wave of investment in the U.S.
In response to several major actions taken after Trump's inauguration and the severe situation of China initiating CRS, WorldWay Immigration experts also analyzed the new EB-5 policies on-site, believing that the EB-5 program will be successfully extended, and the immigration bill to resolve the backlog has been drafted. Investors are expected to directly obtain unconditional permanent residency status, but overall, the warning for EB-5 price increases still exists. Therefore, investors must invest in EB-5 projects that "enjoy exemption rights" and "have received I-526 approval" to avoid the risks of EB-5 policy changes.
[Friendly Reminder] WorldWay Immigration Group will continue to bring the "Interpretation Conference on the U.S. Tax Reduction Storm and New Investment Immigration Policies" in the near future, continuously tracking and reporting on the trends of U.S. tax reductions and new immigration policies under the Trump era. Please stay tuned! For inquiries about immigrating to the U.S. or more projects, please call: 400-138-2929.