Follow U.S. Immigration and Immigration Guides: Recently, the Canadian government released its 2014 annual economic budget, officially announcing plans to terminate the Federal Immigrant Investor Program and the Federal Entrepreneur Program. This move not only shattered the Canadian immigration dreams of tens of thousands of wealthy Chinese individuals but also indirectly drove an increase in the number of U.S. EB-5 immigration applications. So, which U.S. cities are the most attractive to Chinese immigrants? What makes these cities so appealing to them? After successfully immigrating, housing becomes a major issue; what are the housing prices like in these places? Please follow this article to see which U.S. cities are the most attractive to Chinese immigrants.
First Place: New York
Percentage of new Chinese immigrants in 2013: 19.3%
New York is undoubtedly one of the most beloved metropolises in the world, serving as an international economic and cultural center—a world-class city. At the same time, New York is a city of cultural integration; here, one can enjoy cultures from all over the world without leaving the city, which is undoubtedly a huge attraction for new immigrants who have just arrived in the United States.
Second Place: Los Angeles
Percentage of new Chinese immigrants in 2013: 12.9%
If New York is the most attractive city in the eastern United States, then Los Angeles is undoubtedly the most noteworthy city in the western United States. High-quality communities and excellent school districts are advantages that attract Chinese people who immigrate for their children's education. Furthermore, housing prices in Los Angeles are much cheaper than in top-tier educational cities in China, such as Beijing, and the natural environment, including air and water quality, is also excellent.
Third Place: San Francisco
Percentage of new Chinese immigrants in 2013: 12.9%
As the first major base for Chinese people in the United States and home to the world's largest Chinatown, San Francisco has always attracted Chinese people due to its large Chinese population and strong economic development. San Francisco is the economic and financial center of the western United States, and the world-famous "Silicon Valley" is located in the city of San Jose, not far from San Francisco. However, housing prices in San Francisco are much cheaper than in San Jose, which has led some technical immigrants working in Silicon Valley to choose San Francisco.
Fourth Place: Irvine (Orange County)
Percentage of new Chinese immigrants in 2013: 4.8%
Orange County, represented by the city of Irvine, has always been one of the top choices for Chinese people to purchase property and immigrate. With "high-scoring school districts, beautiful environments, and a large Chinese population," it can be said to combine the advantages of the aforementioned established immigrant cities. The city of Irvine was incorporated in 1971 and is a very young city, with Asian Americans accounting for nearly 40% of the population, which is inseparable from the dense immigration of Chinese people here in recent years.
Fifth Place: Boston
Percentage of new Chinese immigrants in 2013: 3.6%
Boston is a U.S. university town, and one of the most famous achievements of Chinese people in the United States is their academic excellence; Chinese faces can be seen everywhere at Harvard University, the Massachusetts Institute of Technology, and other institutions. Staying on to teach after graduation or remaining in Boston for work has become a landing point for many technical immigrants who studied in Boston.
Sixth Place: Las Vegas
Percentage of new Chinese immigrants in 2013: 3.2%
Las Vegas is not only one of the entertainment centers of the United States, but it is also the top choice for bottom-fishing in the U.S. housing market. With housing prices comparable to third-tier cities in China, but with appreciation rates matching those of first-tier Chinese cities, it has attracted many Chinese people interested in investment immigration. Moreover, given the international fame of Las Vegas, the possibility of recouping investments is very high.
Seventh Place: Chicago
Percentage of new Chinese immigrants in 2013: 3.1%
As the third-largest city in the United States, Chicago has high visibility, and housing prices are not considered high in the U.S., which could be said to be inconsistent with its status. However, its economic development is not slow. At the same time, Chicago's higher education is also second to none in the United States. Chicago's high-quality higher education resources and healthy economic development environment have attracted many investment and technical immigrants to make it their first landing point.
Eighth Place: Seattle
Percentage of new Chinese immigrants in 2013: 2.1%
As the headquarters of Microsoft and Amazon, Seattle has attracted many white-collar workers and the middle class with its high-quality economic environment and charming climate. Furthermore, the popularity of the film "Finding Mr. Right" (Beijing Meets Seattle) has once again brought Seattle into the spotlight. The line in the movie about "trading a toilet in Beijing's Second Ring Road for a villa in Seattle" became a hot topic in the city, which also directly reflects the high quality and low price of houses in Seattle. It is precisely because of the health of the Seattle real estate market that many wealthy individuals have made Seattle their first stop for immigration.
Ninth Place: San Jose
Percentage of new Chinese immigrants in 2013: 2.0%
San Jose is the base of Silicon Valley and also a representative city of Northern California. Since Silicon Valley became the technology center of the United States, real estate in Silicon Valley has repeatedly hit new highs, creating a series of high-end, high-quality, and charming villa communities. This has also attracted many wealthy people to immigrate and purchase property.
Tenth Place: Houston
Percentage of new Chinese immigrants in 2013: 1.9%
Although Houston is the fourth-largest city in the United States, it only officially entered the eyes of the Chinese people after Yao Ming successfully landed in the U.S. NBA. The state of Texas, where Houston is located, is becoming a new center for economic development in the United States. The unemployment rate has remained at a low point, and the economic development momentum is good, which has attracted the attention of many Chinese EB-5 investment immigrants.
