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Immigrant destination of rich people's migration tide
According to the intermediary, Canada and Australia are the top two immigrant destinations for China's rich, because their immigration policies are relatively loose, and these countries already have mature Chinese communities, so it is easy to integrate into the life of Chinese communities after immigration. In Canada, Toronto and Quebec are the first choice for wealthy immigrants from China. In Australia, Sydney and Melbourne are the first choices for the wealthy in China.
In addition to the United States as a traditional destination for investment immigrants, Singapore has also become an ideal place favored by the rich in China in the past few years. In 2008, Singapore abolished the inheritance tax, which made the country more attractive to the rich at home. Different from Canada, there is no restriction on the residence time of immigrants in Singapore, so many China tycoons who have obtained Singapore green cards can still continue to run their businesses in China, which is also very attractive to entrepreneurs of existing domestic enterprises. Many rich people in China buy apartments in Orchard Road (a commercial center) in Singapore, or buy villas in Sentosa, forming a new life circle.
However, intermediaries generally do not recommend emigrating to European countries, because Europe does not encourage emigration, the procedures are complicated, and the investment in immigration is particularly high, and the success rate of emigration is not high.
In addition to these obvious countries, some little-known small countries are also actively selling their immigration qualifications to the domestic rich. Take the Federation of Saint Kitts and Nevis, where Liu Qingshan is going to move, as an example. The biggest attraction of this small country is its low tax rate and freedom of coming and going. Huang Maoru and his wife, the richest man in Shenzhen and chairman of Shenzhen Maoye International, were investigated for the case of Huang Guangyu, and they are small countries in Central America.
Singapore investment immigrants are favored by high net worth people because of Singapore's special tax system. For high net worth people, tax consultation and legal tax avoidance are the key to getting rich. Singapore's tax rate is very low, and both corporate income tax and personal income tax are very low, which is very attractive to the rich. Without inheritance tax, citizens outside Singapore and green card holders are exempt from income tax. In order to attract wealth from all over the world, Singapore has taken a series of measures to cater to the needs of the rich, such as building high-end apartments with private yacht docks. Singapore has become one of the countries with the largest distribution density of the rich.
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