Caribbean

NEWS vía Global Times: Island Migration – Canada Closes it’s Doors

February 27, 2014 // 0 Comments

Island migration Recently, Canada announced that it would end its investor program, closing off another path for Chinese immigrants. However, as Canada closes the door, island countries such as St Kitts and Nevis have opened another window for Chinese entrepreneurs who are seeking immigration for various reasons. Island nations have become the popular alternative immigration choice for rich entrepreneurs in China, because of benefits such as relaxed conditions and low investment requirements. Entrepreneurs such as Zhang Lan, the chairwoman of high-end restaurant chain South Beauty, and Feng Changge, the founder of Harmony Auto, are reported to have migrated there. A booth for overseas investment at the Shanghai Real estate fair, on October 3, 2013. Photo: I Fewer options A newly released report conducted by the Hurun Research Institute said that 64 percent of Chinese millionaires have already migrated with their wealth or are preparing to do so. On January 22, 2014, the Center for [...]
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