Immigration news‎ > ‎

More rich Chinese choose investment immigration

posted Jun 25, 2011, 11:24 PM by Milorad Borota   [ updated Jun 27, 2011, 10:53 PM ]
By Yin Mingzhe (chinadaily.com.cn)
Updated: 2011-06-14 17:09

More than 6,000 people from the Chinese mainland received immigration visas from the United States, Canada and Australia in 2010, the Beijing News reported Tuesday.

The number of Chinese people who emigrate and receive visas from other countries if they can show they possess a specified amount of investments funds has been increasing in recent years. A survey showed that 27 percent of those who hold investable assets of more than 100 million yuan ($15.42 million) have already emigrated, and those who are considering emigration account for 47 percent, the newspaper reported.
 
Read the whole article...

See also:

Corrupt officials took $124bn out of China
By Jamil Anderlini in Beijing
Published: June 16 2011 19:08 | Last updated: June 16 2011 19:08

Frothy Vancouver housing market fueled by money from China
Chinese are parking money in Canadian land like a bank
By Allan Dowd, Reuters June 1, 2011

The Source of Vancouver's Dangerous Housing Bubble
Jun 17, 2011 by James Raider

The warning
June 26, 2011
This Fri­day, qui­etly, the door shuts on cash-heavy, house-horny Main­land Chi­nese. Cit­i­zen­ship and Immi­gra­tion Canada is abruptly cap­ping the Fed­eral Immi­grant Investor Pro­gram, set­ting a minus­cule tar­get of just 700 for the next year – a quota expected to be filled in just days.
Comments