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Comment by throwaway85825 | Hacker News Reader

Hard for Americans to hide their assets in america. Land ownership is usually public.

They can do whatever you presume the rich birth tourist does, like deposit in foreign banks, not own US land, obfuscate land ownership through trusts or straw owners.

Most Americans like owning their home.

One of my ideas was a way to fraudulently get most of the benefits of home ownership while hiding it; why wouldn't a rich dishonest Real American do that? Pride? So you think all children of wealthy birth tourists have no pride?

It appears your argument is that foreigners are greedy, lazy, fraudulent, exploitative, and shameless, but Real Americans never stoop that low. Again, do you have statistics on this, or is just kind of a feeling?

It's just not viable if you have a mortgage and insurance. There's also FinCEN reporting though temporarily suspended. I get the feeling you dont have any experience dealing with these bureaucracies. Otherwise you wouldn't be so flippant.

How do these wealthy welfare queen birth tourism beneficiaries manage it?

By having their assets overseas. You're going in circles now.

Both classes of people are American citizens, subject to the same laws and reporting. Why would one be able to hide assets overseas and the other not?

If your answer is dual citizenship giving them access to banks abroad, a wealthy American can buy another citizenship.

There is nothing to stop them from just not owning a mortgage or house, since that is the thing you say will catch them.

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