The open secret behind the rise in Israel’s housing prices When the conditions dictate it, investors use unreported money from Swiss accounts to invest in real estate in Israel, pushing prices higher. It is estimated that $4 trillion not reported to authorities, and for which no tax has been paid, is hidden in Switzerland alone. […]
Sothebys hinted there is a lot of illicit Chinese money in Canada ?
A while ago, we learned … Illicit Chinese Cash Stops Flowing Into Canada Real Estate Chinese buyers flood U.S. housing market (with illicit money ?) Foreign buyers will fuel luxury real estate demand in Canada: Sothebys Sales of luxury homes will likely gain momentum in the fall, fuelled by demand from international investors, according a […]
Illicit Chinese Cash Stops Flowing Into Canada Real Estate
Canada Loses Luster as Destination for Illicit Chinese Cash Chinese fugitives who touched down in Vancouver or Toronto with suitcases of illicit cash might find it harder to keep their fortunes. Canada became the first country to reach a deal with China to share forfeited assets in an effort to target international organized crime, according to […]