The relationship between passport, green card, residence permit, tax residency, and CRS I just found out in today's article that many friends didn't understand that CRS is aimed at tax residents, and ID, passport, green card, residence permit, or any third country identification documents have no direct decision-making relationship with CRS. CRS looks at the countries or regions in which a person constitutes a tax resident. For most Chinese small partners, as long as your registered residence, family, major assets, and major economic interests are still in China, it is difficult to simply say that you are no longer a Chinese tax resident. If you have a passport from a third-party country, it does not mean that you are not a Chinese tax resident. Just because it indicates that you have residency qualifications in that country or region, it does not mean that you are not a tax resident of China. The key factor is whether you still have property or household registration in China, and whether you have resided in China for a total of 183 days in a tax year. Of course, in actual implementation, because the tax relationship is filled in by oneself, for example, if you already have a US passport, filling in the US tax resident is default. Even if you have a household registration in China that has not been cancelled, you will not be considered a Chinese tax resident. However, if you are only a PR or other resident status, your main identity will be checked. For example, China requires that all information of people who open accounts with Chinese identity must be returned to China. The tweet in Dubai is the best example. Even if you hold a Dubai ID and have lived in Dubai for more than 183 days, as long as you still have property and household registration in China, you are still a tax resident of China. Your bank information and stock trading information in Dubai will still be shared with China through CRS. A friend said that if I use my Dubai ID to register for Jiaxin or Yingtong in Dubai, then I don't need CRS. The prerequisite for this statement to hold is that you cannot use Dubai's bank. Once you open a bank account in Dubai and transfer money to Jiaxin or Yingtong, the bank information will still be shared through CRS. Another friend said that I can use my Dubai identity to open Jiaxin or Yingtong, and then use my Dubai identity to open a bank in the United States. Yes, that's okay, but it's just farting without pants, because even if you register Jiaxin or a bank in the United States with a Chinese passport, there won't be any exchange, so why bother walking around Dubai. In my personal understanding, the most important aspect of overseas identity is to undergo identity isolation and have a legal and compliant opportunity to transfer assets within China out of China, with basic permanent residency.