Category: chinese millionaires

‘Golden Visa’ Scheme That Awarded 1,500 Chinese Millionaires Irish Residency Scrapped

February 16, 2023
asset freezes and visa bansChinachinese millionairesDepartment of JusticeIrelandUncategorizedvisa
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Ireland has scrapped its decade-old “Golden Visa” scheme that awarded over 1,500 Chinese millionaires residency. Irish Minister for Justice Simon Harris made the announcement on Tuesday, stating that the Immigrant Investor Programme (IIP) had been under review “for some time.” The move comes less than a year after a European Parliament report described the scheme as…

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$50 Billion: Wealthy Chinese Want to Leave China; More Banks Freeze Withdrawals in China

July 20, 2022
BillionsCCPCCP VirusChinaChina InsiderChinese banksChinese economychinese loanschinese millionairesChinese Regimecommon prosperitydepositsEpochTVFalun DafaFalun GongFinance & Business Tieshenan banksINSIDE CHINAJuly 20persecutionsocial controlSpecial TopicsThreat from Communist ChinaUS-China relations
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Wealthy Chinese are leaving China—or at least planning on leaving—as they cannot stand the draconian COVID measures. But will Chinese leader Xi Jinping allow it to happen if that means billions of dollars in cash go out of China amid the contractions and poor economy? Meanwhile, more banks in China suspend bank withdrawals using various…

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