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| Other lifestyle factors include the demand for greater security and a more preferable economic climate (73%), as well as better healthcare and social services offered overseas (18%).1
These findings follow recent data from a Visas Consulting–Hurun Report, which pointed to education quality, environmental pollution, and food safety as the top 3 reasons for emigration by Chinese consumers. It doesn’t help that populations in Chinese cities continue to become increasingly dense. Beijing’s population of over 21 million2 outnumbers the entire population of small countries like Singapore.3 A more interesting question, however, then becomes where these Chinese HWNIs are looking at. |
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| While the US remains the #1 choice for university education, Australia and the UK follow closely behind as perennial favourites.
Also among the top five is New Zealand, which is fast becoming a popular choice for Chinese students. China is now New Zealand’s largest source of international students, earning the country a whopping $746 million from tuition fees alone in 2012.8 For the latest on Chinese buyers, sign up to receive updates from Juwai News now. Sources: 1. SCMP; 2. SCMP; 3. Department of Statistics Singapore; 4. Forbes; 5. Visas Consulting – Hurun Report “Immigration and the Chinese HNWI 2014” Report; 6. WSJ; 7. Higher Education Advisor; 8. New Zealand Ministry of Education Export Education Levy Annual Report 2012-2013 |
