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You're not the only one to have seen the Chinese real estate, from the Alberta coast to Florida. If you want to move money, ofc you can[1]. There is commerce wi
by Supermancho 3y ago
You're not the only one to have seen the Chinese real estate, from the Alberta coast to Florida. If you want to move money, ofc you can[1]. There is commerce with China. If you want to avoid controls (including punitive ones), real estate is not a preferred choice. This "vehicle" took a huge hit around 2016ish[2], which is why Chinese transfers fell dramatically crashing a number of luxury markets (US locales) with it. This is still recent memory and taken into commensurate consideration.
[1] https://hrone.com/blog/expats-can-get-earned-money-china-legally/ https://hrone.com/blog/expats-can-get-earned-money-china-leg...
[2] https://www.wsj.com/articles/china-issuing-strict-controls-on-overseas-investment-1480071529 https://www.wsj.com/articles/china-issuing-strict-controls-o...