Why did Chinese Americans choose to leave?

In 20 15, the number of Americans who gave up their nationality reached a new high, and there was no new high after that. What happened? Let's talk about why Chinese Americans have chosen to leave.

The main reason for abandonment: can't afford to pay the abandonment tax? !

Chinese Americans flee: regret going to the United States like a third world country.

Inventory of Deferred Tax System in Western Countries

For the rich in China, American citizenship has now become a besieged city. People outside want to go in and people inside want to come out. This was almost unimaginable ten years ago, when emigrating to the United States was the ultimate dream of many rich people in China. Now, the situation is completely different.

According to CNN, in the third quarter of 20 15, * * * 1426 people gave up their American citizenship or long-term residence status, a surge of 84% over the same period last year, reaching a record high. So far this year, the number of people who gave up their nationality is 322 1, and the total number of people in the whole year is expected to break the record set last year again.

When you were still struggling for the EB-5 project, Chinese Americans had chosen to leave.

1 Pay "breakup fee"-tax abandonment.

In recent years, the rapid growth of the number of expatriates has aroused the vigilance of American professionals. So why are more and more people giving up American citizenship?

The reason given by the American media is that our government levies too much tax overseas and is too hard to crack down on tax evasion, which outsiders can't bear.

However, it is not easy for Americans who have lived overseas for a long time and for the rich who live in the United States. Americans who intend to leave their nationality first prove that they have been paying income tax in accordance with the regulations for the past five years.