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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (40239)10/27/2003 12:24:05 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Elmat, I correct my earlier post Message 19436628 on the subject of HK immigration after checking:

Actually the deal immd.gov.hk is better than I described.

A pretty decent scheme for a territory of the 'next super power' sporting English Common Law, English language, best infrastructure in the world, small government, and a international financial center boasting full facilities:

- immediately enjoy what all HK ID holders (for self, wife and kids) enjoy, America's Heritage Foundation certified 'mostest' freedom in the world, and individual sovereignty on 'no taxes on cap-gain, interest, dividend and world-wide active/passive income basis;

- let me not forget the socialize health care :0)

- invest HKD 6.5 mm money via HK-based capital account in HKD certificate of deposits, rental real estate, business, or equities (Equities - shares of companies that are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars, including global bank HSBC finance.yahoo.com , HK-listed China shares, and tech stocks Microsoft finance.yahoo.com , Intel finance.yahoo.com , Amgen finance.yahoo.com , Dell finance.yahoo.com , and Cisco finance.yahoo.com :0)

- I am not sure if paper gold embedded in wrap accounts qualify.

- immediately get HK ID for 2-year renewable residency (just do not break the criminal code in HK);

- there is no patriotism requirement given that our relevant proposed laws do not seem to be able to get passage;

- manage all accounts in person or via Internet;
- do not have to be around HK (no physical presence except one visit per year);
- do not have to top-up if loss;
- after 7 years, get HK Right of Abode (permanent residency) with no additional obligations; and
- by year 2047, the papers automatically convert to permanent residency in all of China

Chugs, Jay
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