Changes in Mainland Policies
First, let's talk about the inheritance tax, which is a concern for many. News about the government imposing an inheritance tax occasionally stirs public opinion. However, based on past experiences, when a "rumor" is repeatedly circulated, it is very likely to become a reality. This often serves as a way to create momentum, allowing people to have some psychological expectations for its arrival. Furthermore, if the "low threshold and high tax rate" in the inheritance tax draft ever becomes a reality, it will not only affect high-net-worth families.

In addition, the marriage law, inheritance law, and the ongoing property tax are gradually dismantling the wealth of the rich, especially for entrepreneurs who have worked hard to build their fortunes. They have accumulated wealth through their own efforts, but the protection of that wealth is still in its infancy, and unknowingly, their wealth is being thoroughly cleaned out.

This is why there is a significant demand for immigration among high-net-worth individuals; it is the first step in the battle to protect their wealth.

Hong Kong's Financial Advantages
In the next 20 years, Hong Kong will transform from a financing center for the mainland into three new centers: a global wealth management center for the mainland, a leading offshore risk management center, and a global asset pricing center for the mainland.
With the introduction of CRS, everyone is facing financial interconnectivity, global asset mutual checks, and high taxes that are inescapable.
As a tax haven with the lightest tax burden globally, having Hong Kong residency allows individuals to legally reduce taxes under CRS as Hong Kong tax residents. Coupled with Hong Kong's status as a global wealth management center and offshore asset management center, the rich variety of investment products can better mitigate risks and taxes, leading many wealthy individuals to abandon identities from the United States and Canada in favor of seeking Hong Kong residency.

Educational Advantages
When parents successfully obtain Hong Kong residency as the main applicants, their unmarried children under 18 can also move to Hong Kong as dependents. Moreover, children can enjoy 12 years of free compulsory education in both Chinese and English in Hong Kong, only needing to pay for miscellaneous fees each semester to attend public primary and secondary schools!