US green cards losing their attraction - Wei Gu

Wei Gu

Wahaha tycoon Zong Qinghou was a high profile US passport holder who backed out of his US citizenship. WSJ wealth editor Wei Gu explains that the liability of a green cards is growing, as rich Chinese discover they have to pay taxes on all their income. What are the alternatives?

Wei Gu is a speaker at the China Speakers Bureau. Do you need her at your meeting or conference? Do get in touch or fill in our speakers' request form.

 Cyprus is one of the new stepping stones for rich Chinese, mentioned by Wei Gu. The China Weekly Hangout discussed in February 2012 with Business manager Pol Panayiotides of a Cypriotic law firm why his EU country has been discovered by the Chinese, even though it is not yet part of the Schengen Treaty.

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