China's Rich Consider Leaving Growing Nation
by Frank Langfitt
NPR

Yang says Chinese like U.S. real estate because they can own it in total and they can pass homes onto their children. In China, the government controls the land. People can own houses, but they can only lease the land underneath.

"We buy the house [and] we can only use it for 70 years," he says. "In America or some other country, we can get the land forever. My clients always want to buy something forever, right."

Yang says most Chinese who apply for investment immigration are legitimate, but he says 5 to 10 percent want to move money they got through corruption.

"These people want to put money outside of China. Washing, we call it washing money," he says. "So I have some clients come to my company [and say] 'I have money. I don't have any documents.' I say no, this is illegal."