vrudny, you were smart to marry a hot Chinese woman. She'll stay young, beautiful and thin for a long time. I come across as shallow also so I know what you mean. 🙂 I'm sure she's very intelligent as well. No wonder you're able to take advantage of investment opportunities in China. BTW, I agree with your post on the rise of China on a different thread. Your kids will definitely have a leg up in the 21st Century. Make sure they spend the summmers in China learning Mandarin. About Vancouver, I don't love the city for the weather. I love it for winter sports and for the excellent chinese food. Downtown Vancouver is also pretty nice.
Marrying her is the smartest move I made all my life. I looked for a woman that has far better character than mine, and found one in her.
>>>She arrived here from China four years ago. She got her BA in education; then she got her Masters in Education; then she starting working for Stanford University during the summer, and she’s been hired by Palo Alto school district (the Del Mar of Silicon Valley). That’s four years in America. She’s going to do a PhD at Stanford next. Amazing. If she keeps this up maybe I can retire early. 🙂
Just one word of caution though vrudny… Unless your wife is still a citizen in china, China is closing investments to most foreigners. As such, the only way around this would be to have asset's in your wife's name if she is still a citizen or one of her relative(s) name (if she already naturalized here). As such, you as a gualo, have no legal claims to the asset. I hope you trust your wife and or her relatives (if she is going that route). The only reason why I'm bringing this up is because I'm pretty much in the same boat. My wife got her U.S. citizenship, and she wanted to put more "investments" in china. Problem is, it would have to be mostly in her relative's name, and I(we) would have no legal claim. As such, as much as I want to pour things into china, my own cautious mind tells me mixing money with relatives isn't a good idea, so we've stayed away from big investments. The reason being is culturally, the family is very tight. It doesn’t matter you are married. Quite often, your spouse will be closer to his/her relatives for the first couple of years of marriage.
IF something sour happens wrto finances, you will be out of luck, because you are placing your faith in not just your wife’s hands but whoever is running assets on her behalf.
That aside, China imho is one big bubble. It's scary how much "control" the government has in deciding economic policies at whim. For that reason, I again, wouldn't bank a lot in china as a foreigner.
“close on a house (with a domestic underwriter) and instant-citizenship”
I hope this is in jest. Should Citizenship be that devalued? The very thought of selling Citizenship for money seems abhorrent to me. It is one thing to allow foreigners to buy property and live here but giving political rights without concomitant allegiance borders on treason. I can understand the cynicism towards the value of Citizenship engendered by illegal immigration; but to accept defeat so brazenly seems shameful.
“close on a house (with a domestic underwriter) and instant-citizenship”
I hope this is in jest. Should Citizenship be that devalued? The very thought of selling Citizenship for money seems abhorrent to me. It is one thing to allow foreigners to buy property and live here but giving political rights without concomitant allegiance borders on treason. I can understand the cynicism towards the value of Citizenship engendered by illegal immigration; but to accept defeat so brazenly seems shameful.
“close on a house (with a domestic underwriter) and instant-citizenship”
I hope this is in jest. Should Citizenship be that devalued? The very thought of selling Citizenship for money seems abhorrent to me. It is one thing to allow foreigners to buy property and live here but giving political rights without concomitant allegiance borders on treason. I can understand the cynicism towards the value of Citizenship engendered by illegal immigration; but to accept defeat so brazenly seems shameful.
