Recently, Worldway Immigration Group's Beijing, Shanghai, and Shenzhen offices have been holding a series of seminars on the Common Reporting Standard (CRS). These events provide investors with practical advice on how to reasonably respond to CRS, while unveiling investment logic and strategies for this new era of asset transparency. Rooted in the local market, Worldway Immigration Group provides investment wisdom and a global perspective to high-net-worth clients who possess domestic and international assets and are focused on the globalization and diversification of their asset allocation.
On January 1, 2017, China officially launched the CRS. The overseas financial accounts of Chinese residents now face the possibility of being exchanged. The Hong Kong government also began implementing the CRS on January 1, 2017. Since August, various banks in Hong Kong have successively issued the "Individual CRS Self-Certification Form" and "Entity CRS Self-Certification Form" to account holders, accelerating the implementation of the CRS. Facts have proven that the CRS is no longer just a topic discussed in newspapers, on the internet, or via WeChat; it is an undeniable reality that the CRS is now affecting everyone who holds an account in Hong Kong.
This has led many high-net-worth individuals to worry: What is the progress of the Chinese version of the CRS? Will it lead to a heavier tax burden? What impact will information disclosure have on personal wealth? How should asset allocation be reasonably planned to cope with the impact of the CRS?
Based on the practical needs of investors, the various branches of Worldway Immigration Group have specifically organized multiple thematic seminars on the CRS for our high-net-worth VIP clients. During these seminars, Worldway invited renowned financial and investment experts to share insights on the CRS, discuss potential tax implications for domestic individuals and enterprises after its implementation, and offer professional perspectives and various solutions through practical case studies. Many high-net-worth individuals concerned about wealth management gathered at the venues, creating a very enthusiastic atmosphere.
[Event Scene]
During the seminars, Dr. Winner Xing, Chairman of Worldway Immigration Group, appeared as a seasoned investor. Combining his personal investment experience with practical reality, he elaborated on his views regarding how to successfully conduct global asset allocation and wealth management. He pointed out that the purpose of investment is to ensure asset appreciation and to plan for the future of one's family. He also proposed that the "dollarization" of asset allocation is the current trend, a view that received high recognition from the guests present.
[Dr. Winner Xing, Chairman of Worldway Group, Delivering an Insightful Presentation]
At the same time, other investment and financial experts at the scene also provided professional advice. With the goal of global tax planning, wealth preservation, and succession under the CRS, they interpreted the latest policies on global taxation, analyzed key CRS issues, and proposed response strategies. The experts stated that obtaining a Commonwealth passport from countries such as Saint Lucia or Dominica, investing in overseas real estate, and investing in U.S. EB-5 projects are all optimal solutions for reasonable wealth planning in the context of the CRS, which the attending investors acknowledged.
[Investment and Financial Experts Providing On-site Guidance]
The guests in attendance responded very enthusiastically to the CRS topic. After the seminars, each branch specifically arranged one-on-one consultation sessions. Regarding the questions raised by investors on how to reasonably respond to the CRS, consultants and experts from Worldway's branches provided patient, one-on-one answers, offering investors more valuable reference information. Clients who attended the event expressed that they had benefited greatly. This lecture not only provided them with direction for reasonable global asset allocation but also broadened their new thinking on overseas investment.
[One-on-One Consultation with Investment Experts]
The exciting content does not stop here. As an advocate for international living, a Top 500 Asian Brand, and a leader in the investment immigration industry, Worldway Immigration Group is committed to providing investors with specialized, comprehensive, and precise services. The Group will continue to hold CRS thematic seminars based on client needs to help investors calmly respond to the CRS. Please stay tuned!
Working together to create brilliance, celebrating 20 years of prestige! On the occasion of Worldway Immigration Group's 20th anniversary, to thank new and old clients for their support and trust over the past 20 years, from now until November 12, 2017, we are launching the "Worldway Group 20th Anniversary, Grateful Celebration with Comprehensive Rewards" event. During the event, Worldway Group is offering numerous major promotions to share the joy with investors. For details, please call: 400-138-2929.
