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Yes, overseas owners are escaping capital controls in their own authoritarian countries. Banks and brokerages have to abide by strict KYC, AML, and reporting s
by beaeglebeached 3y ago
Yes, overseas owners are escaping capital controls in their own authoritarian countries. Banks and brokerages have to abide by strict KYC, AML, and reporting so theyre fucked if they park wealth there. Real estate is the last Wild West frontier.