deltaneutral wrote:I am in the range you just mentioned, and have hired a big 4 accounting firm to structure everything. Paying an extra 200K usd a year in taxes with marginally benefits doesn't strike me as a good trade. In four years I become a Chinese citizen with a HK Passport, but if I want to retire in Taiwan without fear of military duty before that, I have to apply for Dominca Or St Kitts citizenship. These citizenship by investment programs cost 100-200k USD, and I was hoping to save that amount by finding an alternative way to get a exit stamp.
You assume too much with the greedy me me me Taiwanese stereotype. I usually 5 percent of my income to charity, higher than five this year because of the Sichuan earthquake. John Templeton, the famous Mutual Fund Manager gave up his US citizenship, and in the end donate most of his money to charity. I would rather donate the money to a worthy cause than to some welfare recipient who curses me to leave the US you "f***ing immigrant."
Bully for you, your accomplishments and foresight.
You seem well aware of your options. And Sir John, recently deceased I believe, is a role model for many in his charitable largess.
I also favor personal donations to a cause of my own choosing, however I have never made such a large decision based upon the mindless rantings of a stranger of dubious mental ability.
So best fortune to you in your PRC citizenship and your later retirement to Taiwan. Road map to the future and all that ....huzzah huzzah!