Australia topped the latest list of the most suitable destinations for rich Chinese who want to get overseas citizenship or permanent residency through investment. More than 25,500 Chinese received permanent residency in Australia in 2011 through 2012, and about 18% of them achieved their “green card” through investment, according to the Annual Report on Chinese International Migration 2014 published by the Social Sciences Academic Press and the Center for China and Globalization in Beijing. China emerged as the largest source for Australia’s investment migration during the period, accounting for 64%, up from less than 8% a decade ago. As Canada has tightened its investor immigration plan and economic prospects in Europe remain murky, Australia and New Zealand have won more Chinese hearts, said Yang Fang, Business Director at Globevisa, an immigration agency in Beijing. More and more Chinese are showing growing enthusiasm in purchasing properties in European countries like Portugal, Spain and Greece to get permanent residency, as housing prices in these countries almost dropped to the level of 10 to 20 years ago due to the European debt crisis. The top 10 countries for Chinese investment immigrants are Australia, New Zealand, Germany, Sweden, Singapore, Spain, France, Canada, the United States and the United Kingdom.