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China's rich give up American green card immigration
Patriotism is naturally a noble character. When the country is in trouble, patriotic people will stick to the country and suffer forever. But some people are just the opposite. After the founding of New China, the people ushered in a peaceful and stable life. Some people are not satisfied, but betray their country in order to get a better life. In the 1990s, there was a craze for going abroad. At that time, the country was not as rich as it is now, and the United States was a powerful country. So many people have gone to the United States, more for a green card.
These people tried their best to get rid of the motherland, but problems also appeared. In fact, it is not easy for many people to live in the United States, so they want to give up American citizenship. However, it is easy to get a green card in America, but it is also difficult to give it up. If you want to give up your green card in the United States, you must pay the national tax first, then the penalty interest tax, and squeeze the money out before you can leave the United States. Some people even go to jail.
Having American citizenship is not the same as having an American green card. Having American citizenship means that he is an American citizen and can enjoy the welfare and all rights of this country. However, rights and obligations always go hand in hand. Since you have rights, you naturally need to fulfill your obligations.
In addition, there are two ways to have American citizenship: one is to be born naturally in the United States, and the other is to live in the United States for more than five years and legally move in according to relevant laws; People with green cards can live permanently in the United States, but they only have the right of residence and cannot enjoy other rights and social benefits of American citizens.
Many entrepreneurs in our country want to live in America, so they try their best to get a green card. However, this green card is hard to come by and hard to give up. At that time, Cao won the anti-dumping lawsuit in the United States from 200/KLOC-0 to 2005. It is reported that he is the first 1 company to sue the US Department of Commerce for success, and has previously donated billions to China, which shows his feelings for China.
At the same time, Cao has a lot of wealth. As early as 1975, he had more than 50,000 deposits, equivalent to 20 million today. By 1995, in order to expand his business, Cao immigrated to the United States with his family and got a green card. However, due to this lawsuit, Cao intends to return to China for development, so he asked his family to return their American green cards.
Cao Wangde also said that the enterprise he founded was for the better development of China. If he put the enterprise in the United States, Americans would inherit all this. Later, Cao Wangde decided to give up the American green card, but there were many twists and turns in the process. First, giving up the American green card means that Cao Yijia can't live in the United States.
Cao Wangde paid a lot of money in the process of giving up his green card. It is estimated that Cao Wangde almost lost 250 million yuan at that time, and this incident subsequently attracted people's attention. Many people in China have tried their best to get an American green card. However, even if Cao spends 250 million yuan, he will leave the United States. This patriotic feeling is commendable and admirable.
In this case, what will happen if ordinary people give up their green cards? Although many people want to go to the United States for development, there are many laws in the United States that make people feel uncomfortable, especially the strict regulations on tax rates. So many wealthy businessmen gave up their American citizenship over time, but when they returned their green cards, they found that things were far from simple.
First of all, we must pay the abandoned national tax. In the United States, if the assets exceed US$ 20 million, or the average tax payment in five years reaches 654.38+0.39 million, if you want to give up the US green card, you will be deducted the corresponding tax, and then you will have to liquidate all the assets and pay the corresponding proportion.
It is reported that a Russian banker joined American citizenship on 1996, but gave up American citizenship on 20 13, and then paid a total of 620 million renounced national taxes and fines, which caused an uproar at that time. Not only that, not long ago, the banker was found to have concealed assets of 654.38 billion yuan in the United States. At that time, he had left the United States for six years, but it was really unexpected that this matter could be found out.
In addition to these huge expenses, giving up the American green card in the United States may also lead to jail. In February this year, the Tinkov family faced six years in prison for concealing this matter. Then he paid 65.438+0.8 billion yuan to settle the matter.
It can be seen that the threshold for giving up the American green card is very high. First of all, you need to give up the national tax. If your personal income is high, you must pay a fine. It can be seen that it costs a lot of money to give up the American green card, so many entrepreneurs are discouraged from the American green card. In addition, there are many legal procedures in the United States, which are very unfriendly to those who give up their green cards. It can be seen that it is difficult to get a green card in the United States, and it is even harder to give up.
"Beyond Wan Li's fame, have a drink." -Gao Shi's "Send to Anxi"
In society, some people betray their motherland in order to get money and a better life, and even still join American citizenship, but it turns out that joining American citizenship has many disadvantages, so you can't leave easily. In this case, if we want to get a green card in the United States, we must think clearly and don't leave our country when our minds are hot.
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