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Chinese Rich Plan to Leave in Droves, Here’s Where They Want To Go

Posted: 06/13/2014 2:17 pm

China could see a mass exodus of wealth if a recent survey on emigration plans is any indication.

Hurun Research says 60% of wealthy Chinese are planning to emigrate to developed countries, with many tired of things like poor air quality and questionable education standards in China. In fact, the top three reasons to leave for greener pastures overseas are:

  1. Better education / opportunities for their children
  2. Cleaner air
  3. Better food security

So where do the rich elites want to go?

In terms of cities, most wealthy Chinese want to emigrate to Los Angeles, San Francisco and New York. Outside of the US, Vancouver was the most popular.

Another interesting result is that 16% of wealthy Chinese have direct investments in foreign countries, mostly in the form of property.

Home page photo credit:

  • Zen my Ass

    Question is: if all rich move out, who will remain here?

    • Neobooper

      New Rich will rise

    • The master of none

      Migrants workers of course. They pretty much took over anyway.

  • Mangrove

    #1, the country they hate to love. So they will take their millions and flee the country for greener pastures. One cringes to think that they will also acquire drivers licenses but that’s another story.

    Leave the land where their factories helped to poison the environment. Leave the land where they neglected or didn’t have the balls to demand a better quality of education and leave the land where over 10,000 dogs were eaten during a festival. I guess there is a difference between nationalism and patriotism and that’s opportunism or no ‘ism at all.

    Perhaps the writing is on the wall for a few more insightful, and the most important reason is, they’ve seen the money class come and they’ve seen it go down before. Better take your money and run, while you can. Lessons learned from the past.

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