2025.08. 25 本文字数：3621，阅读时长大约6分钟 作者 | 第一财经 王方然 在深圳从事外贸业务的陈林（化名），今年6月通过某香港保险中介了解到一款"七年翻番"的"新存 款"方案。他以12万港元自有资金，加上银行提供的48万港元贷款，共计60万港元，投保了一份香港 储蓄险。同时搭配一款年化6.75%的派息基金，收益用于偿还每季度的贷款利息。中介宣称，7年后 退保可返还约120万港元，每年单利超10%。 然而，仅过去2个多月，随着港元利率波动，陈林的贷款成本较之前上涨超过10%，而基金派息却未 能达到预期水平。更令他担忧的是，原本承诺的"稳健收益"完全依赖于非保证分红，保险公司最新披 露的分红实现率并不高，最终收益可能大幅低于预期。 陈林的经历是当前香港保费融资市场高热现象的一个缩影。在市场利率下行的背景下，这类被包装 成"新存款"或"高阶理财"的香港保险融资方案正通过社交平台迅速推广，以年化超10%的收益为卖点 吸引投资者。据记者调查了解，其本质是通过银行贷款购买保单，再利用保单承诺收益与贷款利率之 间的"息差"获利。 神秘"新存款" 在市场利率下行的背景下，一种号称年化收益率超过10%的"新存 ...

Core Insights - A revolution in wealth transparency has begun as 157 countries and regions' financial institutions start automatic exchange of account information under the Common Reporting Standard (CRS) led by OECD, aiming to combat cross-border tax evasion [1] Mechanism Analysis - The CRS system determines "tax residency" based on actual economic connections rather than nationality, with specific criteria including residence time, family ties, economic focus, and identity connections [4] - High-net-worth individuals mistakenly believe that holding an overseas passport or tax number can shield them from being classified as Chinese tax residents, which is a dangerous misconception [4] Compliance Strategies - Financial institutions covered by CRS include banks, securities firms, and insurance companies, with specific scenarios that may trigger information exchange if domestic accounts are registered with Chinese ID or contain mainland address information [5][7] - Strategies for compliance include updating domestic account information to reflect non-resident status, unbinding local payment methods, and optimizing asset structures through family trusts or offshore companies [10] Asset Information Reconstruction - The importance of a comprehensive identity planning strategy is emphasized, as a single identity cannot address complex tax scenarios in the era of CRS transparency [9] - The timeline for overseas income declaration is set from March 1 to June 30 each year, with penalties for late submission including fines and potential criminal liability [10] Risk Management - The need for professional intervention from tax advisors and immigration lawyers to create a coordinated "identity-asset" linkage plan is highlighted [10] - Utilizing tax treaties to resolve dual residency disputes and avoid double taxation is recommended [8]