Beijing - XINHUA
There is a growing trend of diversifying portfolio by investors looking to emigrate. Instead of invest in bonds and stock to achieve the goal of moving to another country, Chinese investors have started to invest more in state project, launch companies and buy land and real estate. Chinese investment is making more contribution to local economy.
Forbes magazine has come out with a list of top 10 destinations where wealthy Chinese are investing most for emigration purpose. Oceania countries sit at the top spot while interest in North America has fallen due to change in policies. Middle and South Europe has started attracting wealthy Chinese investors.
Here are the top 10 investment destinations favored by Chinese emigrants.
No 10 United Kingdom
Investment required: Two million pound ($3.12 million)
Acceptable investment: Government bonds
Term of investment: Five years
No 9 United States
Investment required: $500,000
Acceptable investment: Acceptable projects
Term of investment: Five years
No 8 Canada
Investment required: C$800,000 ($610,000)
Acceptable investment: Government bonds
Term of investment: Five years
No 7 France
Investment required: 330,000 Euro ($327,000)
Acceptable investment: Acceptable projects
Term of investment: Five years
No 6 Spain
Investment required: 500,000 Euro ($545,000)
Acceptable investment: Property
Term of investment: Five years
No 5 Singapore
Investment required: S$2.5 million ($1.8 million)
Acceptable investment: Government bond
Term of investment: Five years
No 4 Sweden
Investment required: 4.5 million Swedish krona ($510,000)
Acceptable investment: Investment in companies
Term of investment: Two years
No 3 Germany
Investment required: Minimum 25,000 Euro ($27,000)
Acceptable investment: Investment in business, business must be profitable and employ at least two employees for two years
Term of investment: Two years
No 2 New Zealand
Investment required: NZ$1.5 million ($980,000)
Acceptable investment: Government bond, stock market
Term of investment: Four years
No 1 Australia
Investment required: AU$1.5 million ($1.09 million)
Acceptable investment: Government bond
Term of investment: Four years