With the adoption of the newly proposed tax reform by the US government, why do American citizens give up their identity and flock to Saint Kitts?

With the rapid development of blockchain applications, many people will choose to join this team and gradually invest in various virtual currencies. The value of important data encryption currencies such as BTC or Ethereum is rising, which has attracted many investors. But the most important thing is digital currency's development potential, which is one of the reasons to attract investors.

Naturally, another important factor that digital currency is highly sought after is his bookkeeping consciousness. Digital currency is a real blockchain technology, which gives its holders the freedom of data roaming. However, on the level of freedom of life, there is another kind of venture capital that brings similar advantages, that is, project investment is always mentioned. People with one or more nationalities have more travel, economic development and political freedom than people with a single nationality.

Advantages of Saint Kitts and Nevis Passport Visa The federal immigration investment project of Saint Kitts and Nevis originated from 1984. The project requires applicants to invest in projects recognized by government departments and make economic contributions to Saint Kitts and Nevis. The current policy of the plan is stable, and the state has approved and implemented the plan for more than 28 years. As we all know, every citizen of China, a reasonable and legal resident, and a temporary resident with a social security card number need to file a tax return. The tax return rate in the United States is over 90%. American tax principle actively applies. If it is deliberately underreported or lied, once it is found out, it will face punishment and even mass annihilation.

Accordingly, Saint Kitts and Nevis has become the best place for immigrants to invest because of its low taxes. The country has always been known as offshore account's world-class tax paradise. China has a low tax rate, and there are no state-supported tax policies such as enterprise income tax, income tax, asset product tax, wealth tax and house inheritance tax, attracting global wealth elites to choose to immigrate here to invest and enjoy good news! Moreover, it will enable all capital personnel to better plan their capital assets here as a whole, promote the company's overseas listing, and make overseas exchanges and cooperation smoother. This is also the biggest reason why the world's top 500 companies consider opening branches in Saint Kitts and Nevis!

Meet the following immigration investment requirements: at least $654.38+0.5 million needs to be donated to St. Kitts and Nevis stable development stock fund, and there is no immigration supervisor and residence requirement. The main applicant, the other half, children, parents and grandparents can apply for real immigration status together, get passports and visas in one step, and start living and working from Saint Kitts and Nevis or a specific member state of the Caribbean. Being a member of the Commonwealth of China, it is free to travel in 154 countries around the world, such as Britain, Hongkong and Singapore.

The polarization in digital currency is very serious, but the number of countries friendly to digital currency is very limited. For real investors in digital currency, it is time to spend part of their property on the second position of project investment to ensure the long-term and feasibility analysis of data encryption investment. It should be remembered that with the government strengthening tax enforcement and supervision of the encryption market, investors in digital currency will face a lot of uncertainties. Smart investors should make overall plans in advance and choose appropriate methods to solve the impact of this uncertainty.