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Just goes to show what a vague evil "money laundering" is. How do the golden visas aid money laundering?

At least in Canada, it is a haven to park elicit money once you bought your residence here

*illicit

You don't need residence in Canada to park your money there... How does residency help you with this?

It is an insurance policy: easier to escape to when the Chinese regime comes hunting for your undeclared assets