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How to use Dominic passport?

Dominic passport use 1: overseas travel

The greatest use of Dominica is to travel abroad, and it can be done without leaving a trace. Dominica passports can be exempted from visas for three months in Germany, France, Ireland and other countries around the world 120, and in Asian countries such as South Korea, Malaysia and Singapore 1 to three months. With a Dominican passport, you can also enjoy visa-free treatment from these countries or preferential treatment from landing visa, saving time and money in visa processing. So how to use it specifically?

Take Hong Kong as an example. You leave the country with a China passport, then enter Hong Kong through an independent channel, transit in Hong Kong, and then leave Hong Kong through a self-service channel. You enter the destination country with a Dominican passport and travel all over the world 120 countries. After the trip, I will leave the destination country with Dominica, enter Hong Kong through the self-service channel, then leave Hong Kong through the independent channel and enter my country with a China passport.

Two. Use of Dominica Passport II: Managing Finance and Taxation

With the gradual realization of CRS in China, many high-net-worth people are inevitably more worried. At the latest, by the end of 2065438+2008, the China government will grasp the financial account information of China in many countries around the world, making the tax revenue more transparent. However, the company has not joined CRS at present, and Dominica recognizes dual citizenship. The local government implements the Commonwealth legal system and recognizes that personal property is sacred and inviolable, so it will not easily report assets under the name of Dominican citizens to other countries. Applicants are not required to pay net assets tax, capital gains tax, inheritance tax, gift tax, etc.

Three. Use of Dominican Passport III: Family members benefit together.

If the principal applicant holds a Dominican passport, the applicant's family can live in Dominica for four generations.

1, children education

Many people take Dominican passports for their children's education, because Dominica belongs to the Commonwealth countries, and its education system closely follows Europe and America. With a Dominican passport, children can travel to Britain and other countries in advance and choose a suitable school. Moreover, Dominica is an education country such as Singapore and the United Kingdom, and it is very convenient for parents to accompany it, and there is no immigration supervision requirement. Applicants can go back to China at any time to take care of business.

Children can also attend domestic high-quality schools such as Tsinghua and Peking University. They can apply for admission without passing the college entrance examination, such as Tsinghua University International Department, or they can choose to study in Dominica. Public schools are free of tuition.

2. Parents provide for the aged

Social welfare in Dominica is perfect. Old people can enjoy all kinds of medical insurance, plus pension subsidies or pensions. Moreover, Dominica is a small island country with a humid climate all the year round, high vegetation coverage and fresh air. The surrounding environment is very suitable for the elderly, and the elderly will live longer in such an island country.

How to use a Dominican passport? I believe everyone has understood after reading this article. This seemingly small passport is actually very useful, especially for investors. Having a Dominican passport can bring great help to their work and life.