(Editor: Leona)

 

According to Hurun report, one in every three wealthy Chinese has property overseas, most of them residential properties. As the domestic property market continues to slump, more and more wealthy Chinese investors have shifted their focus to overseas property markets.

 

Most Chinese investors buy overseas property for three reasons, for residential property for immigration purpose, for property investment and a place for their children to stay while studying abroad.

 

Chinese investors invested over $5.4 billion in overseas properties in the first half of 2014; despite less amicable relations between China and Japan, Chinese investors invested 230 million in commercial properties in Japan, three times that of 2013.

 

10 Canada

 

Chinese investors invest in Canadian property mostly for residential purposes, as an increasing number of Chinese immigrants arrive in Canada.

 

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9 Australia

 

Many Chinese investors buy Australian property for their children to stay in while studying in Australia, as Australia is one of the top destinations for Chinese students to study abroad.

 

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8 Britain

 

Chinese investors acquire British property mostly for investment.

 

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7 Singapore

 

The large Chinese community in Singapore facilitates Chinese investment in the property market in Singapore.

 

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6 Malaysia

 

Relatively low house prices and charming scenery attracted many Chinese property investors to Malaysia.

 

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5 Cyprus

 

A rumor that the Cyprus government will grant residency to overseas property investors in Cyprus sparked a slew of Chinese investment in the Cyprus property market.

 

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4 New Zealand

 

New Zealand's property market received more Chinese investment as the population of Chinese immigrants increased in recent years.

 

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3 US

 

As a traditional top choice for immigration and education for Chinese, the United States is one of the top destination of Chinese property investment.

 

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2 South Korea

 

South Korea has seen increasing Chinese investment in the property sector as a FTA between the two countries came into practice.

 

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1 Japan

 

Japan became the top investment destination for Chinese property investment in 2014 mostly because of the depreciation of the Japanese Yen and a decade of deflation that squeezed the bubble out of the property market in Japan.