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Comment by mrtron

Why is that all considered "money laundering" rather than investing? There was a forcing function on getting money out of HK prior to China taking over, but that seems more diversifying than "laundering".

Similarly, many Canadians own rental properties (often bought without viewing them) in Florida and Phoenix. Planes full of these folks used to head to those regions for a few weeks or a month in winter months.

parent mrtron 6 years ago

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