Australia rated as top destination for wealthy Chinese
Australia topped the latest list of the most suitable destinations for rich Chinese who want to get overseas citizenship or permanent residency through investment.
A report by the Chinese website of Forbes said factors including housing prices and investment thresholds have been taken into account in designing the list. Other factors included the host country's security, social welfare, economic development and political system.
More than 25,500 Chinese received permanent residency in Australia in 2011 through 2012, and about 18 percent of them achieved their "green card" through investment, according to the Annual Report on Chinese International Migration 2014 published by the Social Sciences Academic Press and the Center for China and Globalization, an independent think tank in Beijing.
