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![]() "William Black" wrote .... Well they're busy buying up large amounts of European industry. Interestingly neither of them are investing in the USA despite having huge amounts of dollars. Individual (and family) Indian investors represent among the largest "repatriators" of US Dollars for investment in the US, with undeveloped real estate, commercial buildings and hotel/motel properties among the most popular investments. The fastest area of investment growth by Chinese nationals involves the construction and ownership of residential rental properties, of which the "industry standard" seems to be four and eight plexes for student rentals close to universities in smaller US cities. The reverse dollar flow for such investing is slim, with most of the funds coming from US mortgage lenders with full coffers and low rates. Surveys of Chinese working in the US indicate substantial dollars exported to China for family maintenance, the classic flow of earnings by legal and illegal Mexican/Central American immigrants. Because of their extremely low profiles and low apprehension/deportation rates, accurate data is hard to find for illegal Chinese, but given avenues for remitting funds, "Family maintenance" payments rank up there with "Paying the coyote Part of the background for this type of investment.... US immigration laws are heavily weighted in favor of applicants with substantial "real property" in the US. Own a big enough piece of a motel, even in Dime Box, and you can set up residence. TMO |
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