Hong Kong, Australia

Hong Kong, Australia

Australia sees rush of Hong Kong millionaires amid unrest

Australia sees rush of Hong Kong millionaires amid unrest

22.8.2019

Australia sees rush of Hong Kong millionaires amid unrest

SYDNEY: Australia is seeing an increase in interest in its millionaires-only visa programme from wealthy Hong Kong residents, who are eyeing a ...

"Anybody who can make an alternate plan is trying to do so."

READ: 'Hong Kong has no future like this': Singaporeans living in Hong Kong share their concerns about escalating protests

The SIV programme used to be hugely popular with people from China, though recent strict investment requirements have somewhat dented its appeal.

Data on applications received or visas granted in recent months was not available as Australia publishes these figures only annually.

Juwai.com, China's largest international property website, had seen"some increase" in demand for Sydney property by Hong Kong buyers since the unrest began, Executive Chairman Georg Chmiel told Reuters in an email.

Read more: CNA

Australia sees rush of Hong Kong millionaires amid unrest[SYDNEY] Australia is seeing an increase in interest in its millionaires-only visa programme from wealthy Hong Kong residents who are eyeing a safety net amid political turmoil in the Chinese-ruled territory, migration lawyers told Reuters. Read more at The Business Times.

Australia sees rush of Hong Kong millionaires amid unrestSYDNEY (REUTERS) - Australia is seeing an increase in interest in its millionaires-only visa programme from wealthy Hong Kong residents who are eyeing a safety net amid political turmoil in the Chinese-ruled territory, migration lawyers told Reuters.. Read more at straitstimes.com.

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