The spur for the agreement with the Isle of Man has come from the US, which has struck deals with offshore tax havens to track US residents using foreign accounts.
The spur for the agreement with the Isle of Man has come from the United States, which has struck deals with offshore tax havens to track US residents using foreign accounts.
As Beijing wrestles with stubborn house inflation, overseas projects offer a hedge for both developers and their wealthy customers, who typically own multiple properties at home and see offshore real estate as a track to a foreign residency.