Hong Kong residents seek emigration and property overseas
In addition to an increase in queries on immigration options (https://blog.charlesrussellspeechlys.com/post/102g8gu/uk-opens-door-to-citizenship-for-300-000-hk-residents), Hong Kong residents are also reviewing the diversification of their investment portfolio, including foreign property.
It is far from a situation where Hong Kong residents are looking to up-sticks immediately, as most are merely putting in place contingencies should the need to move arises.
For many reasons, the United Kingdom remains one of the most popular jurisdictions in this review.
The political factor has encouraged some high-net-worth individuals – defined as those having more than HK$10 million (US$1.29 million) of wealth – to diversify their assets into other cities like London, Singapore and Taiwan.
