CRS global tax collection countdown: 5 months left!
In September 2018, China will begin its first implementation of the CRS financial account tax information exchange.
Tax planning for high-net-worth individuals' overseas asset allocation is urgent!
Don't panic; owning a Commonwealth passport as an "asset planner" is the key!
Lowest global price, fast acquisition of Commonwealth passports for four generations of the family
Limited spots, first come, first served!
2017 was the inaugural year of CRS, and 2018 is the first year of its execution. A quarter of 2018 has already passed, and there are less than 5 months left until China's first implementation of the CRS financial account tax information exchange in September 2018. At the forefront of the end of the era of asymmetric economic activities and international tax management information, and the imminent arrival of the era of global tax collection, more and more high-net-worth individuals or enterprises are preferring to obtain second citizenship in a low-tax country for reasonable tax planning when conducting global asset allocation.
The Economist reported at the end of 2017: Global wealthy individuals spend as much as $2 billion (approximately 12.6 billion RMB) annually on obtaining passports, and this demand is still increasing at a rate of 15-20% per year, and it is not just for money.
Coincidentally, a previous survey by The New York Times showed that global wealthy individuals spend an average of $2 billion annually on obtaining second or third passports and visas.
One of the main reasons these wealthy individuals obtain second or third passports is for global asset allocation and reasonable tax planning in the context of CRS.
Cost-effective Commonwealth passports with global tax exemption features, such as the Saint Kitts and Nevis passport, Saint Lucia passport, Dominica passport, Antigua and Barbuda passport, and Vanuatu passport, are highly favored by the wealthy.
These Commonwealth countries have excellent tax systems and are world-class offshore financial centers. Owning any one of these passports can solve your various needs for global asset allocation, tax planning, children's education planning, and global travel convenience in one go.
Obtaining a Commonwealth passport is like having your own exclusive "asset planner." Taking the Saint Kitts and Nevis passport as an example, you can quickly obtain a Saint Kitts and Nevis passport and citizenship for four generations of your family at the lowest global price. Saint Kitts and Nevis does not levy overseas income tax, capital gains tax, property tax, gift tax, inheritance tax, or estate tax on its citizens. Furthermore, Saint Kitts and Nevis does not have diplomatic relations with China. Under the pressure of CRS global tax collection, high-net-worth individuals can reasonably plan their taxes as citizens of Saint Kitts and Nevis, providing better protection for their personal and family assets.
WorldWay Group—Your Best Choice for Obtaining a Commonwealth Passport
WorldWay, a top 500 Asian brand and a leading institution in the investment immigration industry, is a pioneer in Commonwealth passport programs. It began promoting fast-track citizenship programs for Commonwealth countries as early as 2000 and possesses extensive experience and numerous successful cases in handling Commonwealth passports.
At the same time, WorldWay has maintained good cooperative relationships with the governments of many Commonwealth countries for many years. WorldWay's professionalism and strength are highly recognized by Commonwealth governments and high-ranking officials. It is a leading immigration agency for the Saint Kitts and Nevis Citizenship by Investment Program and the only officially authorized Chinese immigration agency for Saint Lucia and Dominica.
After investors and their families immigrate to Saint Kitts and Nevis and obtain citizenship, they will have lifelong ties with the country, such as reissuing lost passports, renewing expired passports, requiring Commonwealth consular protection during international travel, as well as marital status, no criminal record, birth certificates, proof of kinship, proof of address, proof of residence, tax identification numbers, etc. All these aspects related to a citizen's life and career may require government assistance and the issuance of valid supporting documents, and these matters rely on the assistance of an intermediary agency with good government relations.
Choose WorldWay for your Commonwealth passport and make your immigration journey easier! For more details, please consult: 400-138-2929.