You "tax" me, I "tax" you, and the "tax" increases "tax"! The world wants "tax"! Where should I go?
The CRS is Here: How High-Net-Worth Clients Should Respond
Date: July 1 (Saturday) 14:00-17:00
Address: Room 2001, China Merchants Building, No. 36, Hong Kong Middle Road, Shinan District, Qingdao
Reservation Hotline: 400-009-1807
Why are we controlled by "tax"? So many countries want to "tax" me, but I refuse to comply!
Come! Give me a globe, let me choose where I can avoid "tax"!
The wave of CRS is coming, a Commonwealth passport safeguards your wealth of millions
With the official implementation of CRS approaching, the global allocation of private wealth will be affected. How to better plan wealth and tax under the CRS context has become a highly concerning issue for high-net-worth individuals.
Having a globally recognized and tax-favorable second nationality is essential to address the issue at its source.
Currently, there are many mature passport programs available in the market. How to choose the best option? At this time, a versatile Commonwealth passport, such as those from Antigua and Barbuda, Dominica, Saint Kitts and Nevis, Saint Lucia, etc., stands out. Countries like Antigua and Barbuda, Dominica, Saint Kitts and Nevis, and Saint Lucia have developed offshore financial systems and favorable tax regimes, exempting capital gains tax, gift tax, and inheritance tax, resulting in very low tax costs, making them ideal for tax planning.
For example, with a passport from Saint Lucia or Dominica, investors can apply for a passport for a family of four starting from just $100,000, obtaining a second Commonwealth nationality. This allows for the transfer of overseas assets under the name of Saint Lucia or Dominica, without the need to report to the tax authorities, effectively addressing CRS at its source while also providing better protection against the leakage of overseas asset and wealth information.
CRS global taxation is being implemented, and U.S. investment immigration offers you a head start to the last safe haven
According to the ranking of asset transfer destinations for China's affluent class, the top five are Hong Kong (22%), the United States (21%), Canada (16%), Switzerland (9%), and Singapore (6%). Except for the United States, all are on the CRS list.
With China joining the CRS exchange system, personal assets are globally interconnected, leading to global taxation. In the future, property tax and inheritance tax will also be imposed; against this backdrop, an increasing number of high-net-worth individuals are considering the United States as their ideal asset allocation destination.
