I am a professional in immigration, and immigration clients have various needs. Overall, immigration clients can be divided into three categories:
High net worth individuals at the top of the pyramid
Middle class and above
People who lack budget but urgently want to go abroad
People who lack budget but urgently want to go abroad usually choose to smuggle, illegally stay, and remain underground locally. This group aims to change their fate; they escape from their original environment to places with higher potential and where physical labor is more valuable to change their destiny.
The middle class wants to immigrate for a better life, to work in developed countries, where work and life can be balanced, and the income for the time spent is worthy of their efforts. Small children enjoy better education and healthier food. Middle-class immigration means the whole family goes out, living overseas for a long time, accepting immigration monitoring.
People at the top of the pyramid immigrate to avoid risks and protect their lives. I have been in this industry for a long time and feel that doing immigration is gradually becoming similar to insurance. High net worth individuals have considerable income and assets. They have various networking resources in their fields and cities, living very well. However, they also face various uncontrollable risks, not knowing when their vast wealth might vanish for some reason.
Based on unpredictable risks, high net worth individuals will allocate assets to diversify risks. At the same time, based on personal freedom, they may also acquire one or more overseas identities like purchasing insurance to guard against unforeseen circumstances.
Immigration projects are divided into many types, and there are various requirements for applicants. When applying for immigration to a country, applicants will also consider the practicality of landing. The main categories can be divided as follows:
There are requirements for funds; each investment immigration project is not cheap. For example, Malta citizenship, U.S. investment immigration, Hong Kong investment immigration, and the upcoming New Zealand investment immigration projects all have funding thresholds of several million RMB, even tens of millions RMB.
Explanation of the source of funds: In developed countries' investment immigration projects, the larger the fund amount, the more explanation is needed for the source of funds. The general logic of explanation is how the first fund came about, how it appreciated to become a large amount, showing the entire pathway, and having tax payment receipts to support it. The most critical point is to prove that the funds being used for investment immigration are the legally explained funds, and that money earned in the past hasn’t been diverted elsewhere, but has remained in the account for immigration purposes.
Immigration monitoring requirements: Each immigration project has certain immigration monitoring requirements to obtain the final identity. For example, in Canada, the renewal requirement for the maple leaf card is to maintain two years of residence every five years. The citizenship requirement is to stay in Canada for three years within the previous five years. The requirement for applying for a Hong Kong passport is to continuously live in Hong Kong for seven years, and similar immigration monitoring requirements are key considerations for applicants.
Practicality: For example, in the past, U.S. EB5 investment immigration, many applicants waited seven or eight years, even ten years, without obtaining a green card, making it impractical. Now, the EB5 investment immigration can be realized in one or two years. Applicants choosing to immigrate to Europe, selecting Greece, can obtain a green card within one to two years. Those choosing Portugal may still be waiting for a notification after two years.
Based on the above, high net worth individuals, although wealthy, have limited choices.
If I were Sun Ge, what suitable choices would I have?
1. United States
The U.S. taxes globally; the richer a person is, the more taxes they pay. Sun Ge has money but doesn't want to pay taxes on his income. Additionally, U.S. investment immigration requires an explanation of the source of funds. The global internet users are questioning the source of Sun Ge's first bucket of gold. Sun Ge is too famous, and it's not appropriate to change the explanation.
2. Singapore
Sun Ge wants to, but can't get it. Singapore currently requires transitioning from EP to PR, then citizenship. It is said that the OKX boss is EP, legally paying taxes in Singapore, running a company, and having employees. However, every time he applies for PR, he is rejected. The transition from Singapore EP to PR has no clear legal requirements, but the Singapore government will consider various dimensions, including influence. Immigration to Singapore is currently not very practical.
3. Malta
The Malta passport is a top project in the immigration industry. Sun Ge is not short of money, but can't explain the source of funds. Has Sun Ge's funds been taxed?
4. Japan, Canada, Hong Kong
Japan, Canada, Hong Kong, need to have several years of immigration monitoring, Sun Ge must live locally, Sun Ge is too busy, has no time...
5. Greece, Dubai, Hungary, South Korea
These countries have practical permanent residency projects that do not require immigration monitoring. The projects are feasible, and the nationality remains Chinese. Having a decent residence visa, Sun Ge might seriously consider it.
6. Turkey, St. Kitts, St. Lucia, Grenada, Antigua, Dominica, Vanuatu, Donau, Georgia
No need to think about it, Sun Ge has already done it. The whole world knows that Sun Ge has a Grenada passport. Sun Ge may have a few other passports, but he doesn't say. Life-saving things cannot be fully disclosed to others.
What rights does Sun Ge enjoy after obtaining the Grenada passport?
Visa-free Schengen area, UK, Hong Kong, Singapore. With one passport in hand, you can go whenever you want without needing a visa.
Changing to a new identity, using new KYC to hold cryptocurrency assets and overseas assets, isolating from domestic identity. Of course, Sun Ge may really want to cancel his domestic identity, but he is too famous, and the relevant authorities might not agree. Sun Ge might just think that if his Chinese travel documents expire and cannot be renewed, he still has other travel documents.
A secret that cannot be told...
Due to the special nature of the cryptocurrency circle, many people who suddenly became rich are keen on obtaining multiple identities. I have been engaged in this industry for a long time and have many successful cases. I accept Tether payments here and can chat on ✈️. If you are interested, feel free to consult me.
Note: Add VX (babagoxifacai), note IC Chinese community, and enjoy a free consultation!
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