Notes on pre-immigration real estate planning in the United States

With the improvement of people's living standards, more and more people plan to immigrate to the United States, so what problems should be considered when planning real estate? Next, let's take a look at the housing planning instructions before immigration in the United States. Welcome to reading.

First of all, immigration to the United States needs to be considered.

1. As the principal applicant, in whose name did you get the American green card?

2. The income from the real estate under the name of the principal applicant who obtained the American green card before immigration and his * * * co-acquirer, and the income used for tax payment in the United States.

3. How to plan the real estate, so that the main applicant and the applicant can reasonably control the tax risk after immigration?

4. If you don't rule out giving up your American citizenship or green card in the future, how can you plan your property so that you don't have to pay more unjust taxes when you give up your American citizenship in the future?

After considering the above four questions, you can consult with professional accountants or financial planners to draw up the current property distribution table, the capital budget table for the next five years, and the possible timetable for the disposal of property before investing in immigration, so as to make a perfect immigration property plan to avoid paying local taxes in China before immigration, and all assets after immigration will be taxed by the IRS and stripped.

Second, why do you want to do property planning?

The reason for immigrating to the United States is the relatively stable policy environment in the United States, hoping that children can enjoy a better education and a healthy life. However, after completing the relevant immigration procedures and declarations in the United States, he became a tax resident at the same time, which shows that he needs to face the income tax, gift tax and inheritance tax in the United States immediately.

The biggest headache for new immigrants is the global tax system under the federal tax system of the United States. That is to say, after you become a tax resident of the United States, not only your income in the United States needs to be taxed, but also your global income, capital gains or other income needs to be taxed to the United States government.

Therefore, before planning to immigrate to the United States, if it is not planned properly, it will not only be confused by its complicated tax system, but also be taken away by the IRS for more than half of the hard-earned money before it can be safely passed on to the next generation.