Does anybody know the implications for Chinese people with China if they give up PRC nationality and trade it for EU citizenship? My better half may do just that in the next few years.
Obviously, she will need a visa to China in the future, and in return can travel more or less visa free "EU style" everywhere else.
But I am more interested to hear the other implications and disadvantages, hopefully from other former Chinese nationals who gave up their passport.
For instance, what's the situation with property owned in China, bank accounts, etc? What about taxes in China and the EU country? Etc...
Any stories or experiences?
Also, would it make a big difference if she has HK permanent residency (ROA) or not? (she doesn't have it yet but way may try to change our schedule a bit if that has a big impact).