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A comment on How Putin’s Oligarchs Bought London. Parent comment

Re:How Putin’s Oligarchs Bought London by 908B64B197 on Friday March 18, 2022 @10:45PM (#30730432)
> like corrupt leaders in Africa, the Middle East and the developing world all dump their ill gotten gains into the opaque system away from prying eyes.

Not just limited to London. Vancouver is a prime example of that thanks to an out of control immigration policy coupled with almost no enforcement for financial crimes [0].

Anyone with money who can't pass the stricter bar for US immigration and investment tries to hide it there.

[0] https://en.wikipedia.org/wiki/Snow_washing

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Re:How Putin’s Oligarchs Bought London by BeetleB on Saturday March 19, 2022 @12:12AM (#30730921)
> Anyone with money who can't pass the stricter bar for US immigration and investment tries to hide it there.

I believe a few years ago Canada eliminated the immigration category that lets you move there just based on wealth.

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Re:How Putin’s Oligarchs Bought London by earleybird on Sunday March 20, 2022 @03:00AM (#30740745)
Were you thinking of the Provincial Nominee Program(PNP)?

https://www.canada.ca/en/immigration-refugees-citizenship/se...

https://www.welcomebc.ca/Immigrate-to-B-C/About-The-BC-PNP

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Re:How Putin’s Oligarchs Bought London by BeetleB on Sunday March 20, 2022 @12:21PM (#30743984)
No - the federal government had different categories of immigration, and one of them was wealth based. They eliminated that category a few years ago.
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