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 Commie 'Paradise': Half of China's rich plan to move overseas

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Commie 'Paradise': Half of China's rich plan to move overseas Vide
PostSubject: Commie 'Paradise': Half of China's rich plan to move overseas   Commie 'Paradise': Half of China's rich plan to move overseas Icon_minitimeWed Jul 19, 2017 4:12 am
Half of Chinese millionaires are considering moving overseas, and the U.S. remains their favorite destination, according to a new survey.

Commie 'Paradise': Half of China's rich plan to move overseas 00795e16e3f85f7baf42afd5169a7858

Among Chinese millionaires with a net worth of more than $1.5 million, half either plan to or are considering moving abroad, according to a survey from Hurun Report in association with Visas Consulting Group. The survey suggests that the flow of wealthy Chinese and Chinese fortunes into U.S. homes and buildings is likely to continue, helping demand and prices in certain real estate markets — especially in the U.S.

The U.S. remains the most popular destination for wealthy Chinese moving their families and fortunes abroad, according to the report. Canada ranks second, overtaking the U.K., which had ranked second but now ranks third. Australia comes in at fourth.

The favorite city for wealthy Chinese moving to the U.S. is Los Angeles, while Seattle ranks second followed by San Francisco. New York ranked fourth.

https://au.finance.yahoo.com/news/half-china-apos-rich-plan-142011315.html
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