Kevin E. Packman is a Partner in our
Miami office.
Many foreigners crave United States citizenship even though it
comes with corresponding obligations and responsibilities (i.e.,
think about tax compliance). CBS News previously wrote about
pregnant women from foreign countries coming to the United States
to give birth. 60 Minutes devoted a segment on this phenomenon, and
now it appears as though it is not just pregnant women who seek US
citizenship for their unborn children (see CBS story here.)
Hurun, a wealth research firm that focuses on China, issued its
newest report on January 16, 2014 (see here.) The report, which was the subject of a
CNBC story on January 17, 2014, is noteworthy for the fact that it
indicates Chinese millionaires are planning to leave China and
their favorite destination is the United States (see link to CNBC
here.)
