Tax Implications of U.S. Immigration

Tax Implications of U.S. Immigration

The U.S. EB-5 Immigrant Investor Program requires a minimum investment of just $500,000 and the creation or preservation of 10 full-time jobs to obtain a green card and immigrate to the United States. While immigration to the U.S. remains a popular choice among Chinese nationals, and abundant public information exists about related programs, we'll focus instead on the tax implications.

The United States is known for its substantial tax burden, which has led many to renounce their U.S. citizenship. In 2020 alone, 6,705 individuals voluntarily gave up their U.S. citizenship - triple the number in 2019! High-net-worth individuals (HNWIs) who obtain U.S. status face several new tax obligations: