According to Planet Daily, Hong Kong has resumed its investment immigration policy for the first time in eight years, but investment in real estate is not allowed and mainlanders are not included. Wang Zhiwei, partner in charge of family business and private wealth tax planning at PricewaterhouseCoopers in Mainland China and Hong Kong, said that due to Hong Kong’s low tax rate and no inheritance tax, he hopes to become a tax resident in Hong Kong. Even if the threshold is raised to 30 million yuan, he can still attract high-end customers. , expected to be popular. Investment immigrants need 7 years to enjoy permanent residence. Chiu Ta-kan, a lawmaker from the technology and innovation community, hopes that the authorities can clarify the scope of assets, such as classifying Bitcoin traded on licensed virtual asset exchanges as financial products, which should be allowed in theory. #cfx #ACH
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