Immigration, for most people, is another way of life. But for a group of people, it's their quest to maximize their personal assets-in order to be able to return home to better circle the money.
Recently, the vaccine news explosion Time line, implicated the hidden rich behind the history of prosperity is a big eye-opener.
The background of du Weimin, one of the behind-the-scenes BOSS, has also been exposed online.
Du Weimin
According to reports, du Weimin has Canadian status and Hong Kong resident status. In 2007, du Weimin, then settled in Canada, chose to return to China in order to make a fortune.
Overseas, such as du Weimin both want to retain foreign resident status, but also want to make money and choose to return to China to develop a very large number of people.
For ordinary people, overseas status is an alternative guarantee. Not only wants to have the capitalist country's superior life, lets the child receive the advanced western education, but also suffers from the overseas market small, the Chinese cannot really integrate, therefore still yearned to return home to develop the development to look for the opportunity.
For the wealthy, the status of foreign residents can be seen as an investment and trading behavior, a springboard for rich people to make a lot of money.
After having the overseas identity, advance can attack, retreat can defend, everything is possible.
The amulet of the rich?
A few years ago, director Jia Zhangke sent a Weibo:
In fact, in the rich world, there is no protection of overseas identity, is a strange thing. With the increasing popularity of the concept of economic globalization, China's high net worth people will pay more attention to the overseas market.
(high net worth groups generally refer to individuals with a net asset value of more than 6 million yuan ($1 million), who are also social groups with higher investable assets such as financial assets and investment properties)
According to the China Merchants Bank's 2017 China Private Wealth report, more than 80 percent of China's high net worth people believe the primary reason for overseas investment is to diversify the risk of asset allocation.
In order to facilitate local investment, immigration means to obtain identity is also necessary. As a result, investment immigrants have also become the main reason for their investment.
Hong Kong, the United States, Australia, Canada, New Zealand and other regions have become a hot place for rich Chinese investment.
Although the rich are keen to emigrate, most of them simply "do not emigrate", they will not really live abroad, many rich Chinese still do business at home most of the time, the key is to obtain immigration status. Make it easy for your children to go to school and travel on their own.
Take Hong Kong, which is the most popular status of the rich, as an example, its status as an international financial centre and the atmosphere of integration of Chinese and western cultures are undoubtedly very attractive.
But as the easiest tax haven in the world, Hong Kong has the status of a Hong Kong resident and can enjoy the status of a tax resident in Hong Kong to legally reduce taxes on CRS, which is why the rich love it here.
Coupled with Hong Kong's status as a global wealth management centre and offshore asset management centre, a wealth of investment products can also provide better risk avoidance and tax avoidance. It is common for wealthy people to allocate some of their assets to Hong Kong in order to preserve the value of their assets.
02 Immigration = Curve Salvation?
Domestic private entrepreneurs have always been one of the mainstream groups of investment immigrants.
Because the United States has a strict tax system, citizens and permanent residents (green card holders), regardless of where they live, are taxed worldwide under American law. So many tycoons turned to Canada, Australia as the first place to emigrate.
Yuan Zhi, from Zhejiang, has emigrated to Canada for 6 years. He had inherited his father's chemical plant for five years and wanted to build a new plant in Shandong because he wanted to expand production.
After a round trip, however, he found it difficult to get support for taxes, land and employment elsewhere. In order to make the company better developed, emigration has become the choice of last resort.
Yuan Zhi settled his Canadian status by investing in immigrants. After he emigrated, he turned the company into a foreign-funded enterprise and received tax breaks according to regulations. But he did not expect that his factory in Shandong had been slow to expand because of land problems, but the status of a foreign company helped him solve the problem quickly.
After that, he left his children and wife in Canada, and returned home to make money and fly back to his family every six months.
In addition, immigration has also become a shortcut to curve financing. Not only will enjoy policy convenience, financing channels are also more diversified. Many countries have implemented preferential tax policies, even no tax.
As a result, some wealthy will choose to use second-country status by setting up an overseas account, trust and other ways to reasonable tax planning, reducing relatively high expenditure.
In 2012, Wang Xiaofei's mother, Zhang Lan, chairman of the South of the Yangtze River, moved to Caribbean island countries for the listing of companies and caused heated discussion among netizens.
03 too shrewd elite
China's money is good to earn, foreign education and policy convenience also want to take advantage of both sides of the benefits, so many ethnic Chinese communities, there is a left-behind mother of the social phenomenon.
In New Zealand, children bring their parents in the name of old age, in fact only to help themselves take care of their children. When the children are older, they return home to make money, leaving their parents in New Zealand to continue to rub government's pension. Countless Chinese elderly lonely and desolate late, but also become a typical social phenomenon of the Chinese community.
These people are really good, from the rich to ordinary people, small abacus from home to abroad.
Of course, rich people such as du Weimin, obviously is a good plan, return to the country is to make money to make a lot of money, but will still be written by the media thick ink as follows:
In 2007, he sold Canadian property, gave up naturalization, returned with his wife and children, and rejoined the vaccine industry.
"I am familiar with this industry, and I know that China's biological industry is going to develop. And I feel more and more abroad, let the vaccine technology in the hands of the Chinese themselves, related to the national biosafety.
In the past, such courage, such ambitious rhetoric, these can be described in Qian Xuesen, Qian Sanqiang, Deng Jiaxian's generation of scientists.
If you change the key words such as du Weimin, Canada, and vaccine technology, anyone will think that they are describing this group of unturned-minded returnee intellectuals.
A few days later, July 29 marks the 31 anniversary of Deng Jiaxian's death.
More than 60 years ago, on the ninth day after graduating from Purdue University in the United States, Deng Jiaxian, 27, gave up his good future abroad, rejected the Nobel Prize's temptation, and returned to China with no hesitation.
More than half a century has passed, such as Deng Jiaxian, full of a red-hearted Chinese returnee, never dreamed of, but now there is also a group of returnees, they have no feelings of family, only one's own self-interest in the heart, thinking about how to tap into the open.
Be a man, you can be shrewd, but don't lack virtue, don't do evil!