TO ACHIEVE MORE COMPLETE TAX AND ASSET PLANNING, A SECOND COUNTRY IDENTITY IS REQUIRED TO PRACTICE COMPREHENSIVE SECURITY, AND CHINA'S IMPLEMENTATION OF GLOBAL TAXATION IN 2019, THROUGH THE STATE COUNCIL'S IMPLEMENTATION REGULATIONS OF THE INDIVIDUAL INCOME TAX LAW OF THE PEOPLE'S REPUBLIC OF CHINA EFFECTIVE JANUARY 1, IS AN ISSUE THAT MANY PEOPLE HOLDING ASSETS ABROAD NEED TO PAY ATTENTION TO. AT THE SAME TIME, THE CRS WILL ALLOW THE EXCHANGE OF TAX RESIDENT INFORMATION AND FINANCIAL ACCOUNT INFORMATION BETWEEN PARTICIPATING COUNTRIES AND REGIONS. ACCORDING TO A SENIOR PRIVATE BANKER, "INVESTORS FROM UNSTABLE REGIONS WILL USE THE INVESTMENT NATURALIZATION PROGRAM TO PROTECT THEIR ASSETS FROM NATIONALIZATION, SOCIAL UNREST OR THE RISK OF REVOLUTION"