Recently, a British wealth consultancy firm, Wealth Insights, stated that Chinese individuals currently hold approximately $658 billion in assets overseas. This figure is slightly lower according to the Boston Consulting Group, which estimates it at about $450 billion, but the firm claims that over the next three years, Chinese overseas investments are expected to double.
According to a report by the American consumer news and business channel, Bain & Company’s research found that half of China's ultra-wealthy—those with $16 million or more in wealth—are currently investing abroad. Research conducted by Hurun and the Bank of China has also found that over half of China's wealthy are considering immigration or have already taken steps to move overseas. Many experts suggest that wealthy individuals immigrate to protect their assets, health, and families.
Reports state that capital outflow and wealthy immigration are normal results of wealth growth. Wealth Insights claims that Chinese affluent individuals allocate approximately 13% of their wealth to overseas investments—lower than the global average of 20% to 30%.