Celebrating the 20th Anniversary of WorldWay Immigration: Consultation Day for the Commonwealth Passport Project as an Excellent Tool to Address CRS
Event Date: Friday, October 13 (14:00-16:30)
Event Location: Beijing
Reservation Phone: 400-6622-699
You "tax" me, I "tax" you, individual "tax" increases "tax"! The world is all about "tax"! Where should I go?
Celebrating the 20th Anniversary of WorldWay Immigration, offering valuable immigration gifts
Why are we controlled by "taxes"? So many countries want to "tax" me, but I refuse to comply!
Come! Give me a planet, let me choose where I won't be "taxed"!
The wave of CRS is coming, a Commonwealth passport safeguards your wealth worth millions
With the official implementation of CRS approaching, the global allocation of private wealth will be affected. How to better plan wealth and tax strategies under the CRS context has become a major concern for high-net-worth individuals.
Having a globally recognized and tax-favorable second nationality is essential to fundamentally address the issue.
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. These countries 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.
Taking the passports of Saint Lucia and Dominica as examples, investors only need to invest starting from $100,000 to apply for passports for four generations, obtaining a second nationality in the Commonwealth. This allows for the transfer of overseas assets to the name of Saint Lucia or Dominica without reporting to the tax authorities, effectively addressing CRS from the source, while also providing better protection against the leakage of overseas asset and wealth information.
