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Why Wealthy Chinese Are Giving Up U.S. Green Cards

March 20, 2013 (1 min read)

"An American passport can be a costly accessory-with U.S. citizenship come U.S. taxes. The WSJ's Wei Gu explains why some wealthy Chinese are instead taking advantage of offers to become citizens of cash-strapped European countries and wealthy Asian cities." - WSJ video, Mar. 14, 2013.