Immigration status of high net worth individuals

6% of high-net-worth clients have immigrated, and Hong Kong and Singapore are popular.

Looking at the nationality distribution of high-net-worth clients, 6% of them have immigrated, and most of the others are still mainland Chinese citizens. It is understood that immigration has become a favorite topic among Chinese high-net-worth clients, and many of them have already given away their children. Compared with offshore centers in Europe and the United States, Hong Kong, China and Singapore in the Asia-Pacific region have more advantages in culture and distance.

Hong Kong is the largest concentration of overseas assets of mainland high-net-worth families. Proximity and language communication are important factors. On the other hand, due to the needs of their children to study abroad and immigrate, the United States and Canada have become the second and third largest concentrations of Chinese overseas wealth. However, Chinese customers are relatively unfamiliar with the law and culture, which to a certain extent hinders customers’ asset allocation. interest.