Luxury Connect
Meet the Luxury Leaders | October 19-20 | Beverly Hills

By Dan Scarrow and Jonathan CooperAs discussed in a previous article, my colleague Dan Scarrow went to Shanghai in February to explore opening a Macdonald Realty office. Shortly after his departure, the Canadian government announced the termination of two federal immigration programs geared toward high net worth immigrants.Both programs had significant subscription from Chinese families, and Dan was able to discuss the changes with immigration consultants in Shanghai to help us -- and the broader real estate community -- gauge what the impact would be.Below is an update on the how the cancellation of these programs is playing out thus far amongst potential Chinese immigrants.Dan also provides a word of warning on "representative fraud" by individuals falsely claiming to re...