Nepal – the country of the Buddha and the Mt. Everest

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Posts Tagged ‘Immigrants’

Obama Immigration Plan Leaves Young Immigrants Hopeful, Skeptical

Posted by Ram Kumar Shrestha on June 17, 2012


Young Immigrants React To Obama’s Momentous Announcement

ATLANTA — Scores of young undocumented immigrants who have called the United States home for most of their lives are excited by the Obama administration’s decision allowing them to stay here legally, but they have a lot of questions. Most important: Is it too good to be true?

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China’s ‘Wealth Drain’: New Signs That Rich Chinese Are Set on Emigrating

Posted by Ram Kumar Shrestha on June 13, 2011

By Xin Haiguang / Economic Observer / WorldCrunch

This post is in partnership with Worldcrunch, a new global—news site that translates stories of note in foreign languages into English. The article below was originally published in Economic Observer.

BEIJING — Is China facing a “Wealth Drain”? Do too many of the best and brightest — and above all, richest — Chinese dream of packing up their accumulated capital, and going to live abroad?

According to a new study, a majority of Chinese who have more than 10 million Yuan ($1.53 million) worth of individual assets find the idea of real—estate investment a lot less tempting than so—called “investment emigration.” Nearly 60% of people interviewed claim they are either considering emigration through investment overseas, or have already completed the process, according to the 2011 Private Wealth Report on China published by China Merchants Bank and a business consulting firm Bain & Company. The richer you are, the study suggests, the likelier it is that you resort to emigration. And among those who possess more than 100 million yuan, 27 % have already emigrated while 47% are considering leaving.(See: “On the Cutting Edge — China’s Extraordinary Buildings”)

The fact that more and more rich Chinese are seeking to emigrate is turning into a hot topic in China, and statistics prove that the trend is a real one. According to Caixin online, a Chinese website specialized in finance, the compound annual growth rate of overseas investment by Chinese individuals approached 100% between 2008 and 2010. The compound growth rate of the Chinese who used investments to emigrate to the United States in the past five years is 73%. Read the rest of this entry »

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‘Brain Waste’ Thwarts Immigrants’ Career Dreams

Posted by Ram Kumar Shrestha on March 27, 2011

This is the problem facing by lots of immigrants­. This is cross cultural problem.
Read the Article at HuffingtonPost

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