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Money laundering is the problem, not Hong Kong emigrants. Mainland China does not allow dual citizenship, this is why many Chinese living in Canada do not apply
by woranl 7y ago
Money laundering is the problem, not Hong Kong emigrants. Mainland China does not allow dual citizenship, this is why many Chinese living in Canada do not apply for Canadian citizenship, but instead stay as permanent resident or visa student to launder money.
https://business.financialpost.com/real-estate/billions-in-dirty-cash-helped-fuel-vancouvers-housing-boom https://business.financialpost.com/real-estate/billions-in-d...
https://www.cbc.ca/news/canada/british-columbia/pro-china-demonstrator-wants-vancouverites-to-see-other-side-of-hong-kong-protests-1.5255527 https://www.cbc.ca/news/canada/british-columbia/pro-china-de...
- tmeprieodj 7y agoCan confirm this from my friends in Vancouver and growing up there. Most Hong Kong people assimilate quite well, it’s new wave from mainland China that doesn’t. You can feel it in the atmosphere. Driving Ferrari’s everywhere and showing off. It’s not a good look for anyone.
- deleted 7y ago[deleted]
- AFascistWorld 7y agoThe tax from luxury cars they bought is the best thing they could do for Canada.
- hello_moto 7y agoCanadian govt (or BC) are not smart cats. Unfortunately. I'd personally make tons of policies to extract as much money possible from these type of immigrants tbh.
- generatorguy 7y agoluxury vehicle tax, empty property tax, the governments are starting to catch on