Search

Chinese overseas investment has changed significantly in the past five years, which then has affected the new global wealth order. According to the statistics of Knight Frank's research department, over the past year, the growth of Chinese-funded overseas investment has maintained at 10%-11%, of which Chinese funds have increased, and both investment products and channels have become diversified, such as from residential to commercial, chateau, and logistics real estate.   According to the latest "Wealth Report" released by Knight Frank, commercial real estate is still a very important asset class for private investors, and the scale of individual real estate...

EXPERT INSIGHTS 2020

This is not a question of placing eggs in different baskets, but rather a question how someone with foresight can find a safer place to store the coming year’s harvest. The privacy that is challenged by CRS is a threat to global private property rights. What role the offshore trust will play in this context is the question we will discuss.   Conditions for everlasting family inheritance First, let’s tell two stories. I talked to locals when visiting Africa. I asked why their natural resources were so good, but they are doing nothing and staying poor. The locals said that...

EXPERT INSIGHTS 2020

The so-called family trust is a means of property management by which high-net-worth individuals entrust professional trust institutions to manage and handle their family properties in order to make their wealth planning and inheritance a reality. In recent years, family trusts have become an increasingly common way of managing family properties. Countries also regulate and manage family trusts through laws and taxation.   As a method for long-term planning and isolating risks associated with family wealth, family trusts are sought after by a wide range of high-net-worth individuals. As the population of high-net-worth individuals in China increases, so family trusts...

EXPERT INSIGHTS 2020

As the only tool which can be used for investment and financing in the currency market, capital market, and the physical market, the trust has already been widely applied in the fields of investment and financing. In foreign countries, the trust can be used not only to design an investment’s share-holding framework, its protection framework, and its tax-planning, but also to manage investment and financing for the purpose of saving costs, retaining the control of the trustor, and maintaining the confidentiality of information.    I. Management through the establishment of aprivate trust company The private trust company is established by...

EXPERT INSIGHTS 2020

Wendy Wei Gangfeng Group Chairman / General Manager Chief Consultant of Offshore Planning Vice President of Shenzhen Business Federation Executive Director of Futian District Chamber of Commerce and Industry (General Chamber of Commerce) Committee Member of International Youth Chawnese Solidarity (Shenzhen) Director of Guangdong Entry and Exit Immigration Association Member of Asian Offshore Association  IIUSA member International Financial Manager (IFMA) Registered Forensic Accountant in the United States (FCPA)   In recent years, with the rapid development of the market economy, many enterprises are facing a transition, or need to explore international and overseas markets through the influence of their own...

EXPERT INSIGHTS 2020

In recent years, pan-asset management has become a hot topic in society. Trust companies, fund management companies, insurance asset management companies, securities companies, futures companies, and private equity funds have all carried out asset management operations in different ways under different regulatory frameworks. The advent of the pan-asset management era has enabled the special asset management plans and insurance funds of the fund company to be linkedto trust products, which has enabled the trust industry to flourish, and thescale of asset management to grow. On the other hand, most of the trusts under asset management are business trusts, which allows...

EXPERT INSIGHTS 2020

Founded on two legal relationships, i.e insurance and trust, insurance benefit trust means that the insured, as the trustor, establishes a property right trust by taking his right to insurance claim as the trust property and delivers trust property by designating a trust company as the insurance beneficiary or changing the designation. The special account for trust is used as the account for return on insurance benefits. When the conditions for the payment of insurance benefits are met, the trust company as the insurance beneficiary shall file an application on collecting insurance benefits with the insurance company, administer the application...

EXPERT INSIGHTS 2020

Within the trend of wealthy Chinese’s globalized asset allocation, stock rights have become a main carrier of wealth. Chinese entrepreneurs constructing complex corporate structures overseas (especially in offshore locations) is a long-established trend, but the difference between Chinese and foreign family laws and the complexity of the jurisdiction and application of laws in family disputes may result in entrepreneurs being hit hard by family-related risks, in spite of having attempted to create impregnable business empires. Therefore, isolating family assets from family disputes, guaranteeing the continuous inheritance of family assets, and avoiding family affairs-related risks has become extraordinarily important.   I. The...

EXPERT INSIGHTS 2020