It also helps given that those countries don't have extradition treaties with China, so embezzling money in China, sending it abroad with your kid and wife, and then making a last minute escape before you are caught and executed is a good strategy (see naked officials).
The real estate and university thing is more of status symbol than a real exit strategy.
Most wealthy chinese people would not feel comfortable living outside of China due to a lack of language skills, cultural unfamiliarity and a lack of extended family and friends.
Those making the move long term are usually economically motivated and not very old.
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This is why they all have an exit strategy--buying real estate in and sending their kids to university in the US, Canada, and ANZ.
It also helps given that those countries don't have extradition treaties with China, so embezzling money in China, sending it abroad with your kid and wife, and then making a last minute escape before you are caught and executed is a good strategy (see naked officials).
The real estate and university thing is more of status symbol than a real exit strategy.
Most wealthy chinese people would not feel comfortable living outside of China due to a lack of language skills, cultural unfamiliarity and a lack of extended family and friends.
Those making the move long term are usually economically motivated and not very old.