AP Exclusive: Chinese Spent $24B on US, Other 'Golden Visas'

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Nomaan Merchant, AP Exclusive: Chinese Spent $24B on US, Other 'Golden Visas.'  Associated Press, May 12, 2017.
http://www.daily-jeff.com/latest ... sive-chinese-spent-$24b-on-us-other-golden-visas

Quote:

"More than 100,000 Chinese have poured at least $24 billion in the last decade into "golden visa" programs across the world that offer residence in exchange for investment, an Associated Press analysis has found. Nowhere is Chinese demand greater than in the United States, which has taken in at least $7.7 billion and issued more than 40,000 visas to Chinese investors and their families in the past decade, the AP found.

"Key to their [Chinese people's] spending power is China's real estate boom.

"The AP obtained data from officials in 13 countries on how many Chinese have used their investor programs since 2007. To estimate money spent, the AP multiplied the numbers of Chinese investors in each country by the minimum investment required, making the AP's figures for each country an undercount.  The market leader is the United States' EB-5 program

Note: golden visa  黄金签证