What tax deductions are available for immigrants to Saint Lucia?

With the gradual implementation of CRS in China, the tax transparency of global asset allocation will become higher and higher. Having an overseas status as a tax haven country has become a wise choice for many investors to explore overseas businesses and conduct reasonable tax planning. As a world-class tax haven, Saint Lucia's investment immigration program has attracted the attention of many foreign investors as soon as it was launched.

Saint Lucia, the world's famous tax paradise, has a superior tax system. Saint Lucia immigrants will be able to exempt your global assets from these taxes:

1. Capital gains tax

Capital gains tax (CGT) is a tax on capital gains (the benefits of buying low and selling assets). Common capital gains such as gains from buying and selling stocks, bonds, precious metals and real estate. Saint Lucia has a tax-free policy on capital gains.

2. Property tax

Property tax, also known as property tax, is a type of tax levied on property owned and owned by legal and natural persons. Property tax can generally be divided into real estate (such as land and improvements on land) and movable property. Saint Lucia has a property tax exemption policy for its citizens.

3. Gift tax

Gift tax is a tax levied on the donor or donee for the value of the property given away. Saint Lucia is exempt from gift tax.

4. Exemption from estate tax

Inheritance tax is a country or region that taxes the estate left by the deceased, sometimes called "death tax" abroad ". Saint Lucia exempts its citizens from inheritance tax, which allows family wealth to be effectively passed on.

5, overseas income tax.

Saint Lucia exempts its citizens from overseas income tax on the income from overseas investment, which can effectively preserve the income from overseas investment.

6. Global Taxation

A global tax system is a tax system in which a country taxes the income of its citizens and permanent residents from any country or region in the world. Saint Lucia is one of the few non-global tax countries in the world, which can effectively save the tax cost of global asset allocation.