Rich Chinese expats prefer U.S. West Coast
October 31, 2016 Category Expat corner, Weekly
The western United States remains the most popular area for China’s super-rich to settle down abroad, with Los Angeles, San Francisco and Seattle the top three locations. Seattle’s popularity has risen for two years and exceeded New York to become one of the top cities where wealthy Chinese would like to invest in properties and emigrate to, according to a new report co-released by the Hurun Research Institute and immigration agency Visas Consulting Group. On average, overseas investments accounted for 15% of respondents’ total wealth, and spreading financial risks has become their chief concern. More than 60% of China’s richest people plan to invest in properties abroad in the next three years.
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world