Survey Says Wealthy Chinese Still Looking to Relocate Overseas

Many rich Chinese are still looking overseas for a better quality of life.

A Barclays survey of wealthy people around the world found that 47% of about 50 Chinese respondents want to move abroad in the next five years.

The main reasons: access to better education and employment for their children, and economic security.
Hong Kong is their preferred destination, followed by Canada and the United States.

Wealthy citizens of Qatar are the second mostly likely to move, with 36% of respondents saying they plan to do so in the next few years, primarily driven by efforts to secure better opportunities for their kids.

That’s followed by those in Latin America — 34% of respondents in that region plan to emigrate.
Overall, Barclays surveyed more than 2,000 individuals with over $1.5 million in assets.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza