According to Hurun report, one in every three wealthy Chinese has property overseas, most of them residential properties. As the domestic property market continues to slump, more and more wealthy Chinese investors have shifted their focus to overseas property markets.
Most Chinese investors buy overseas property for three reasons, for residential property for immigration purpose, for property investment and a place for their children to stay while studying abroad.
Chinese investors invested over $5.4 billion in overseas properties in the first half of 2014; despite less amicable relations between China and Japan, Chinese investors invested 230 million in commercial properties in Japan, three times that of 2013.
10 Canada
Chinese investors invest in Canadian property mostly for residential purposes, as an increasing number of Chinese immigrants arrive in Canada.
|
 |
|
A real estate agent puts up a "sold" sign in front of a house in Toronto, April 20, 2010. [Photo/IC] |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
