Netizens Say Nicholas Tse Chose To Renounce His Canadian Citizenship ’Cos Of These 2 Reasons

Firstly, they think Nicholas wants to 'protect' his career. Apart from his showbiz dealings in China, Nicholas owns Post Production Office, a special effects company that does post-production work for films. The firm has offices in Shanghai, Beijing and Hongkong, and employs over 170 staff.

He also has his Chef Nic brand, which sells a variety of food products. Earlier this year, he even won the ‘Friend of Michelin’ award for the second time.

It is estimated that Nicholas has a net worth of 1bil yuan (S$285mil), which might explain why he’s so keen to protect his businesses there.

Secondly, Nicholas, who is dating Chinese pop diva Faye Wong, has invested heavily in Chinese real estate, according to these netizens. It's said that he and Faye now live in a Beijing traditional courtyard house for which he shelled out big bucks.

So if those rumours about the Chinese government clamping down on celebrities with foreign citizenships working in China are true, then his investments may get affected.

However, all this is just pure conjecture, and Nic could very well have no ulterior motive in giving up his Canadian citizenship.

Photos: Nicholas Tse/Weibo, PBE Media