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- Nov 2021
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learn.diplomacy.edu learn.diplomacy.edu
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Asia
Chinese investment in real state --- This kind of incentives to invest in local economies through migration schemes that facilitate the entry and residence to a given country, reminds me of the case of Chinese real estate investors in Canada. In Vancouver and Toronto, Chinese businessmen began to invest heavily in the housing market of these cities and eventually gained benefits to permanently reside in Canada. However, this phenomenon developed an imbalance in the local market pushing prices up. So, it’s definitely a situation that countries like Kiribati need to put a double-eye on.
Source author: Ricardo Daniel Delgado Muñoz rdelgado@sre.gob.mx
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