Originally posted by @Kevin Kong:@Crystal Smith  Thanks for the reply! 

I’ve got my eye on Hong Kong.

@Kyle Hong Ping none of these people are going to have a credit score near 600 lol.

We have investment properties in the Okanagan and recently bought one in Langford (our first exposure to the Island)Considering that prices in the GVA are so high even for foreign buyers (manly Hongkongers) these two locations become the next two logical options.I expect the prices at the GVA to soften in the near future while the Okanagan and Island will see a steady increase. 

My buyers list is the size of King Kongs left index finger.

The prices for pre construction in Toronto has reached $1300 per sqft range..Its catching up to Hong Kong which is $25,000 HKD per sqft which is around $4000 CADDowntown Toronto is always the best for demand and appreciation.

In Hong Kong, a 400 sq ft studio is selling at $550,000.00 USD.

Here in NY cash buyers treat wholesalers and property finders like Kong’s.

Most are done with funds that is not considered legal and pay little if any tax.....Hi Sam,I agree with you there is a lot of "easy rich" people here in hong kong, but most of them have bought properties for over 10 years ago, and these properties are now worthy a fortune.What i am looking for is a solution that would save me the 16% stamp duty on the buy and also the sell...I had a look at land trust but it seems that the government already put there hands on that.I am thinking perhaps the best way is to get a RE license and get a commission from the buyer..After all my approach would be a zero (or very little) down payment with the intention to keep some of these properties i find for long terms, but if i don't find a solution around these 16% X2 stamp duty, then the RE license maybe needed to get a commission on each deal.Any suggestions are very welcome please ;-)

That includes my spouse or close relatives.Here in San Jose, CA, we have India State Bank, Bank of China, Hong Kong Shanghai Corp(HSBC), Toronto Dominion Bank(TD Bank), Banamex all supposedly CA banks within a few miles from each other.