With the current economic and environmental instability, each of us cannot predict what may happen in the future, and more and more high-net-worth individuals see configuring a second identity as a path to future security.
According to the 2020 Global Migration Report released by the United Nations, the number of Chinese immigrants has exceeded 11 million, of which wealthy immigrants account for a large proportion.
According to the China International Migration Report 2020, released in 2021, the mainland became the third largest sending country for migrants. So, what can the rich do after configuring a second identity?
1. Plan your tax issues wisely
Under the general trend of economic globalization and personal wealth globalization, tax planning has become an inevitable trend. Reasonable tax planning is the most direct reason for many investors to apply for overseas identity.
More and more high-net-worth individuals are considering their tax residency status, and tend to register and conduct financial activities in low-tax or tax-exempt countries to protect their assets and financial information.
Saint Lucia's extremely low tax rates, non-global taxation, no inheritance tax, no gift tax, also make Saint Lucia an ideal investment destination for tax planning.
2. Overseas identity allocation of global assets
When it comes to asset allocation, people's priority is "don't put eggs in the same basket", planning foreign currency assets, resisting single currency risks, and global asset allocation has become one of the most important plans for high-net-worth individuals.
For high-net-worth individuals, the globalization of asset allocation is timely; For ordinary investors, globalization is more needed from a perspective of thinking. Identity planning has long been the first choice for asset protection.
Investing in Canelles Resort, a real estate project designated by the Government of Saint Lucia, is equivalent to allocating a portion of your wealth to US dollar assets, easily allocating assets, enhancing your ability to resist risks, and most importantly, being able to obtain Commonwealth status in one step.
3. Visa-free travel around the world
Applying for a visa abroad consumes time, money and energy, and having a second identity facilitates people who need to fly around the world for business, meetings, travel, and vacation.
Saint Lucia status is visa-free in 150+ countries and regions around the world, making it easy to travel freely.
Consult to apply for Saint Lucia, see the author's profile plus V, or the author's public number [Bo Ming Han talks about overseas]
4. Arrange for your children to study abroad
Instead of competing for very limited educational resources at home, it is better to focus on the international level, which is rich in foreign educational resources and has many top famous schools.
With a Saint Lucian identity, children can easily attend international schools, study abroad and enjoy a pure British education system. In addition, children can also be international students and easily enroll in first-class universities in China with ultra-low scores.
Saint Lucia is a member of the Commonwealth and children with their status can plan their education in the long term.
5. Enjoy the best healthcare
Having a second citizenship gives individuals access to state-of-the-art healthcare infrastructure, which will help provide security for individuals and their families.
The Saint Lucia healthcare system is also inherited from the United Kingdom, with medical institutions throughout the country and universal health insurance for all citizens.
Configuring a second identity can not only bring convenience to travel, but also better global asset allocation, achieve wealth inheritance, and children's education and career will also have more possibilities.
Saint Lucia is preferred for citizenship by investment
Saint Lucia is not only a global honeymoon destination, but also has promising economic development prospects, and its citizenship by investment program, which has been running stably since 2016, has also become the preferred choice for high-net-worth individuals in the world.
Investing in Saint Lucia, expanding overseas markets, opening bank accounts, overseas listings, global home ownership and global travel will all get greater choices, and the greater the choice, the greater the freedom and greater insurance.
Obtain Saint Lucia status
Canelles Resort
Canelles Resort, a project authorized by the Government of Saint Lucia, is a luxury beachfront resort comprising the Dreams Hotel and the Zoëtry Hotel as well as the Kellers Marina Apartments.
Equipped with a variety of international high-end entertainment facilities, providing the world's leading hotel one-stop, all-round and diversified all-inclusive luxury services, with "endless privileges", "extreme luxury" and "unlimited fun" as the main features, it is the perfect place for romantic getaways, family and friends reunions, weddings, honeymoons, anniversaries, events and meetings.
Dreams
Zoëtry
Kellers Marina Apartments