SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (40239)10/26/2003 7:21:21 PM
From: pezz  Respond to of 74559
 
<<Mexicans moving OUT of Mexico is desirable then, right? >>

LOL They are doubling their population every 30 years. They cannot hope to support this increase without terrible damage to their environment. Thus from the standpoint of a Mexican citizen of course, get rid of 'em anyway they can.

But.... As you know I am not a Mexican citizen but an American citizen. Thus from this standpoint for the same reasons that they don't want this population increase to remain there I don't want them exporting it here.,,,Capeesh?

As a citizen of the world I have the same concerns that any thinking world citizen would.Stop increasing your population if you can't support'em. ...That's not so hard to understand ...is it?



To: elmatador who wrote (40239)10/26/2003 9:45:20 PM
From: TobagoJack  Respond to of 74559
 
Hello Elmat, The sale of residency has moved forward a notch.

Now anyone with HKD 6.5 mm (USD 833k) to invest in a business, blue chip index fund, or apartment in Hong Kong for 5 years can obtain HK residency. The value must be topped up if falls under HKD 6.5 mm upon appliaction in 5 year's time.

Hong Kong's attractions?
Freedom, 15.5% tax on domestic-sourced active income, 0%tax on offshore-sourced active income, and no taxes on domestic/offshore capital gains, dividend and interest income.

Chugs, Jay



To: elmatador who wrote (40239)10/27/2003 12:24:05 AM
From: TobagoJack  Read Replies (1) | Respond to 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