According to the latest survey released by the Hurun Research Institute, the proportion of Chinese millionaires with a net worth of over ten million RMB who emigrate has increased from 60% last year to 64%, with one-third of billionaires having already emigrated abroad.
The latest survey report from the Hurun Research Institute indicates that the proportion of Chinese billionaires emigrating has risen by 4 percentage points to 64%. The main reason is that one-third of billionaires have emigrated, thus increasing the proportion of wealthy individuals leaving China. However, the survey points out that most Chinese billionaires only obtain permanent residency in foreign countries and do not change their nationality. The number of billionaires choosing to invest in immigration to Europe has increased the most, but the United States remains the top choice. Regarding children's education abroad, 28.7% of billionaires' children at the high school level and below prefer studying in the United Kingdom, while 26% prefer the United States; for those at the undergraduate level and above, 36% of billionaires' children prefer studying in the United States.
Analysis suggests that the third wave of immigration currently being experienced in China is concentrated among mid-to-high-end technical talents and high-net-worth individuals with substantial wealth and rich management experience, generally referring to individuals with personal assets ranging from 6 million to over 100 million RMB. According to the "2012 White Paper on Consumption Demand of High-Net-Worth Individuals in China," as of 2012, the number of high-net-worth individuals in China reached 2.7 million, with an average age of 39 years. Their average wealth exceeds 49 million RMB, primarily concentrated in the eastern coastal regions and developed provinces in the central part of the country. The survey shows that about 50% of high-net-worth individuals express consideration for investment immigration, with 10% determined to invest in immigration.