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Where rich Chinese want to live

Almost two-thirds of Chinese with more than $1.6 million in the bank have emigrated, or are planning to, according to research firm Hurun.

Australia

china move 4b

Australia has also launched a program that can lead to permanent residency for anyone willing to make a sizable investment in the country.

This one is pricey though. Chinese hoping to emigrate have to put down 5 million Aussie dollars ($4.5 million).

Since the scheme began in November 2012, 91% of the 545 applicants for the visas have been Chinese nationals.

The influx of foreign money is contributing to rising home prices, especially in Sydney. Property sales in the city spiked by 15% in 2013 alone, according to Australian Property Monitors.

Source: Rankings based on Hurun Research survey of 393 wealthy Chinese conducted tween May and November 2013.
  @CRrileyCNN - Last updated March 25 2014 02:22 AM ET

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