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Journey to the West

posted Jan 29, 2011, 6:47 PM by Milorad Borota   [ updated Jan 29, 2011, 6:48 PM ]
Successful entrepreneurs and professionals lead a new emigration boom
UPDATED: January 23, 2011 NO. 4 JANUARY 27, 2011
There has developed a new wave of emigration from China to developed countries in recent years. Different from the "brain drain" in the 1980s and 90s when a large number of Chinese students studying overseas chose not to come back after obtaining their degrees, the new emigrants are mainly wealthy families who regard North America and Australia as their top destinations. They most often cite the high-quality education and better welfare in their adopted countries as the motivation for departure.

According to the U.S. Citizenship and Immigration Service (USCIS), Chinese investors received the most green cards through the EB-5 visa program for immigrant investors in 2009, with 1,979.

Canada also allocated more than 1,000 of its targeted 2,055 immigrant investors to China in 2009. Canadian immigration from China rose by 14 percent in the first quarter of 2010 compared to 2009 and by 46 percent since 2005. During Canadian Immigration Minister Jason Kenney's visit to China in September 2010, he said his country had "benefited enormously" from Chinese immigration, and that he was interested in increasing Canada's Chinese population.

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