Step 4: say "oops, we can't afford to pay you the stuff we promised, but you should have known that, because you are smart investors and you checked our balance sheet and houseflow first" and then default on the investments. I wonder why these places are so desperate not to do that.
Because the international class that sets policy - and is heavily represented on this site - would lose money if they did so. Better to focus on idpol like ingroup/outgroup blame.
In this case, the 'wealthy foreigners' are large corporations (and foreign governments). Not the occasional gringo that decides to bridge the language barrier and buy property there.