Quote:
Originally Posted by jyl
China's wealthy are looking for places to put money outside of China. Some of them are probably also looking for another country to live in, should the "anti corruption" campaign reach them.
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That's been going on for a loooong time. My Chinese ex's super rich dad bought his Canadian citizenship about five yrs. ago. With that he can come to the US at will, bought a house in Dallas that his brother (a US citizen) maintains for when they want to have a family gathering. To get his daughter her green card, he arranged a no-show job (ala Sopranos) for her at a friend's accounting firm in VA. Friend paid her $36k/yr. and sponsored her H1. Her dad reimbursed him in China. Ex is now a US citizen and she and her dad can travel anywhere on their passports. Only downside is having to pay for a Chinese visa. He bought her a house in VA and has lots of other holdings here and in Canada.