Posted 2019/7/17
1) “False” Investor Immigrants Do Not Benefit the Country
Many wealthy Chinese immigrate to highly wealthy developed nations like the United States, Canada and Australia. These kind of developed nations often have an investor immigration scheme in which immigrants can bring capital into a nation for investment and receive citizenship or special immigration status in return. They can therefore use their status as an investor to give their children a future in a new nation. Investor immigrants are able to live in wealthy countries exempt from normal visa rules and regulations. It is a convenient way for wealthy immigrants to globalize their businesses, which is their real motivation for immigration. Therefore, these wealthy Chinese investor immigrants do not actually have much interest in the local economy. The whole point of investor immigration is to bring in more capital to these developed nations in order to invigorate local economies. However, investor immigrants often only satisfy the minimal investment demands to obtain their coveted status. Their main focus is still domestic Chinese business. They are not concerned about the economy of their new country and it is unlikely that they will make any real, long-term investments.
Zheng Zhuo, a native Chinese, and Singaporean immigrant said that there are not many “genuine” investor immigrants in foreign industries. In fact, many entrepreneurs are not even willing to emigrate at all because it is difficult to break into foreign markets. Most wealthy emigrants work in commercial trade. In the past, a number of them worked domestically in commercial enterprises and shifted into the field of commercial trade after immigrating.
2) Locals Are Unhappy about Rising Prices
According to media reports, after many wealthy immigrants arrive in Canada they are not active in helping to develop or invest in the local economy. Instead, they are only interested in purchasing a home. Almost every wealthy Chinese native is fixated on the housing prices of foreign livable cities.
Local Canadians hoped that wealthy Chinese immigrants would help to create jobs—don’t forget, they all immigrated through the “investor” channel. However, the only thing they have brought is an increase in Canadian housing prices.
Canada is a different kind of nation than China. There are no “commoners”, only “voters.” These locals dislike the fact that the foreign immigrant population is driving up housing prices. As voters, they are able to voice this disapproval to representatives at all levels of the Canadian government. These representatives cannot neglect their constituents. Looking at the Canadian immigration bureau’s new policies, we can see that these protests have been very effective in changing immigration policy.
3) Wealthy Investors Leave the Country, Don’t Support Local Society
The Canadian people have had many years to observe the true nature of these Chinese wealthy immigrants. In all, they feel that Chinese wealthy immigrants are generally good people but that it is a shame that they have no credibility. The most obvious sign of their lack of credibility is the way they do not take their oath of citizenship seriously. Before becoming naturalized as Canadian citizens, one must swear an oath: "I swear that I will be faithful and bear true allegiance to Her Majesty Queen Elizabeth the Second and Her Heirs and Successors, according to law, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen.”
Many wealthy Chinese immigrants return to China to work shortly after receiving Canadian citizenship. They do not consider the fact that this is actually exploiting local Canadians, who had urgently hoped that the wealthy Chinese immigrants would help create jobs within Canada. At the same time, Canadians also seem to have a negative impression of the majority of Chinese natives living in Canada.
In Mainland China, rich people feel important and enjoy a life of living like a king. In Canada and other Western countries, it is not enough just to be wealthy; to gain the respect of society, they must also assume a substantial amount of social responsibility.
4) Natives Believe That Wealthy Chinese Are Bad for Local Life
Wealthy Chinese immigrants and local society seem to clash on many levels. The flaunting of wealth brings about racial discrimination which leads to dissatisfaction and retribution.
Mike Martin said that most investor immigrants who come to Canada do not integrate well into Canadian society. They are characterized by their “fancy cars, mansions and upper-class education.” Every day, young Chinese drive their sports cars around Vancouver and “everyone hates them.” “It’s more than hate for this kind of blatant display of wealth. People feel that these immigrants have taken an advantage of a loophole in the system. Because of this, they have a kind of stigma attached to them.”
Incidents often occur that underline the idea that wealthy Chinese adhere to poorer values. These incidents often trigger heated debates within society. An example of such an incident happened in Vancouver. On August, 31, 2011, at the peak of the city’s rush hour, 13 wealthy Chinese youth drove around crazily in fancy and expensive sports cars. They cleared a path for racing by obstructing a highway. Then, they raced their cars at 200 kilometers per hour. The freeway had a speed limit of 90 kilometers per hour. The police were shocked and said that this was the first reported incident in the city’s history of illegal group automobile racing. The wealthy Chinese youth were subsequently arrested and fined.
However, the youth involved in the case continued to publish their own insights on the case on various Chinese websites. They said that they had no regrets and proceeded to mock the Canadian police for being underfunded. One couple, a young male and female, took a smiling photo of themselves while in the car “to keep as a souvenir” and said that they “felt very happy” about the whole situation. Another youth involved went on Vancouver TV in order to “become famous.” Netizens soon lined up to praise him. When the police towed their vehicles, the Chinese youth took pictures from the sidelines. One said that this was “proof of my wild youth. Later, I can show these pictures to my children and tell them, when dad was young he was crazy too.”
In addition, Vancouver and Toronto may be famous for a high quality of life, but they are also famous for the creation of a form of extramarital affair culture, or cheating culture “with Chinese characteristics.” Many wealthy Chinese arrange for their mistresses to settle down in Canada. This is such a popular trend that some wealthy areas are mainly made up of Chinese mistresses. Local Canadians do not see immigrant families in these areas, only beautiful young women on their own. There was even a support event for mistresses held in Vancouver in which 80 mistresses attended. “Mistress Anonymous” groups have also been set up in Toronto. This trend is extremely difficult for Canadians to accept because of the strong emphasis that Western culture puts on family relationships, respect for marriage and loyalty.