Thursday, February 23, 2012

Yuan Drain

A survey published in November found that 60% of Chinese with assets over 10 million yuan were either thinking about emigrating or taking steps to do so. The US was the top destination, followed by Canada, Singapore and Europe.

Most people cited their children's education as the main reason, followed by concerns over air quality, food safety and financial security. 

In fiscal 2011, the US received 2,969 applications (each of which can cover several family members) from China for EB5 "investment immigration" visas.

WSJ: Plan B for China's Wealthy: Moving to the U.S., Europe

Another link

1 comment:

Vijay said...

How would this compare with India?

How many Indian millionaires are "either thinking about emigrating or taking steps to do so"

It will be nice to know.