Benefits Of The Hong Kong Capital Investment Entrant Scheme
The Hong Kong Capital Investment Entrant Scheme was first launched in October 2003. The objective of the program is to allow reasonably well-off people to come to HK and take up residency without needing to join in or establish an operating business. The Scheme rules are reviewed by the Immigration Department on a regular basis.
To qualify for this capital investment visa, 10 Million Hong Kong Dollars is required to be invested in ‘qualifying investments’ (which does not include real estate).
The essential cut and thrust of the Capital Investment Entrant Scheme (“CIES”) means that if you invest HK $10 million cash into Hong Kong’s economy, you will be able to procure a visa to take up residence in the HKSAR.
In the first instance you will secure a two-year period of stay which is then, subject to having maintained the 10 million HKD in the qualifying investments, extendable every two years for up to seven years. Once you get to 7 years continuous ordinary residence, you can apply for permanent residence.
Even if you have not in fact resided in Hong Kong in all of that time, but have maintained the visa status nonetheless, you will be able to secure ‘unconditional stay’ and in the process free up the HKD10m investment for deployment elsewhere. Namely, by then it will have served the process of procuring your residency in the HKSAR with no further strings attached.
One of the benefits under the Capital Investment Entrant Scheme program is … READ MORE ...
Glenn Sandler (CPA) of G.I. Tax Service Lists Tax Questions to Ask Your Accountant
A good CPA is invaluable when it comes to organizing your finances, and this is never truer than when it comes to the area of personal taxes. Here, Glenn Sandler, CPA founder of G.I. Tax Services lists five questions to ask your CPA that could provide substantial benefits for your finances well into the future.
What Information Do I Need to Keep?
In the world of taxes, paperwork is ubiquitous and keeping your head above water entails knowing exactly what documents you need to keep and which you can dispose of. Your accountant will let you know the difference between the two and will even serve as a reserve for your information. A clear picture of your financial information will help the CPA optimize the assessment statements provided to you.
How Can I Save More on My Taxes?
This is perhaps the question that is the most commonly asked of CPAs. Ultimately one of the most critical times of the year for an accountant is tax season, and they can help you leverage your situation to find numerous tax breaks. By speaking with your CPA, you will be able to find out if you qualify for any deductions or special credits and how you can claim them. On occasion, the accountant may also be able to find unique tax advantages based on your purchases and investments.
What Direct Business Expenses Can I Deduct?
In a business, several expenses are often incurred and more often than not, some of … READ MORE ...
DiversyFund Looks at Long Term Investment Strategies
Long-term investments are the ones that cannot be easily liquidated at a moment’s notice or used for day-to-day expenses. The typical long-term investment is held for a year or more, sometimes with the expectation that the investment will never be sold. DiversyFund is a company dedicated to helping everyday people build wealth like the 1%. Below, DiversyFund’s founder and CEO, Craig Cecilio, shares more about long-term investments that offer diversification to your investment portfolio.
Investing in real estate is an excellent option for long-term investment. The typical real estate investor purchases a property and holds it for an expected increase in value or rents it out using the rent to bolster his or her income. Real estate that has been purchased through a retirement plan is also held for a longer period of time in order to realize a higher profit.
For those interested in investing in multifamily real estate, many investors end up buying into Real Estate Investment Trusts (REITs). Some firms pay out dividends, but DiversyFund has a different philosophy with their private REIT. “Instead of paying dividends, we focus on accelerating the growth of wealth by reinvesting the money. We focus on growth and taking advantage of compounding interest to build wealth over the foreseeable future,” stated Mr. Cecilio.
When done well, investing in real estate is one of the most profitable means to build wealth. You can benefit from tax deductions, appreciation of your asset and have a steadfast method of protecting yourself from inflation.… READ MORE ...
Hiruy Amanuel on Global Economic Prospects: Why Invest in Africa’s Emerging Markets?
As Africa’s technological sector rises, companies and big businesses from all over the world are starting to pay attention. A lot of these tech hubs are rapidly developing and have created numerous job opportunities for Africans that have led to local technological advancement. Below, Hiruy Amanuel, the co-founder of Gebeya, looks at the global economic prospects of Africa’s emerging markets and why many are deciding to invest in these markets.
Africa’s integration into the global economy has been occurring for the past decade and it has been occurring on an increasingly large scale. With a young workforce and an abundance of professional engineers trained within the IT sector, companies are looking to Africa not only to outsource but also to engage the talent locally and create startups within Africa. South Africa, Nigeria, Egypt and Ethiopia have all seen incremental strides in their emerging tech markets.
There are several companies which are ushering in the new global economic scale of Africa. Startups within Africa are promoting inclusion of IT professionals and the advancement of their education within the field. By investing in Africa’s tech ecosystem, there is an opportunity for global economic growth. Being a relatively untapped source of technological innovation, Africa presents a significant amount of new ideas as well as a large user base.
From the implantation of artificial intelligence in daily life to the use of mobile gaming, the emerging tech market in Africa is one of the hottest in the world. Companies like Google are … READ MORE ...
SEO Learning Techniques for Beginners
There are many things in SEO that if done make your site worse for the long term. A kind of sporadic link building, sporadic pages (using robots, all automatic, etc.), and other things that are now in demand by most new students.
It could be in the minds of beginners (who might be one of you), SEO is something difficult that requires coding skills, requires special abilities, and can only be run by a handful of people.
As long as you know, that opinion is not entirely true. The following are the most common mistakes, including:
1. Too focused on keyword density
Try to write articles or posts on your website naturally, don’t think too much about keyword density. What is important is that your target keywords appear in these posts, whether in the Title, paragraph beginning or end.
2. Bold, Italic and Underline are used excessively
Another mistake that is often made is to overuse Bold, Italic and Underline. Even though this method is no longer effective in increasing the ranking of your website or blog, it will actually disrupt the convenience of your website visitors.
3. Blog Loading Speed is not noticed
A beginner search engine optimization often doesn’t pay attention to the loading speed of the blog or website it manages. In fact, Google is very concerned about the speed of a blog or website so that Goole users get the best experience.
Therefore, make your blog or website easy to access with fast loading. Because, websites … READ MORE ...