27% of China's billionaires have already completed investment migration
Recently, China Merchants Bank released the "2011 China Private Wealth Report," showing that 500,000 individuals in China have investment assets exceeding 10 million RMB. Among these high-net-worth individuals, enthusiasm for investing in domestic real estate has declined, while the willingness to pursue investment migration remains strong; approximately 27% of the billionaires surveyed in the report have already completed investment migration.
Allocation of investment properties has dropped to 13.7%
This report, jointly released by China Merchants Bank and Bain & Company, defines the high-net-worth demographic as those with individual investable assets of over 10 million RMB. As China has successively introduced multiple real estate market control policies, regulating housing prices through measures such as purchase restrictions and loan tightening, the enthusiasm of this group for investing in the domestic real estate market has shown a downward trend.
27% of billionaires have already invested in migration
In recent years, China's total individual overseas assets have increased rapidly, with a compound annual growth rate of nearly 100% from 2008 to 2010. At the same time, the number of Chinese individuals investing in overseas migration has grown rapidly. Taking the United States as an example, the compound annual growth rate of cumulative Chinese investment immigrants over the past five years has reached 73%.
The rapid growth trend of investment migration is also corroborated by the survey. Nearly 60% of the millionaires surveyed have already completed investment migration or are considering it. Among billionaires (those with investable assets of 100 million RMB or more), approximately 27% have already completed investment migration.
