As foreign investment surges,
Massachusetts, is leading the pack of states in which Chinese
buyers desire to invest in the United States. Behind only
California,Washington, and New York, the New England state is more
attractive than ever to wealthy investors, who are drawn towards
Boston specifically.
Boston, Massachusetts goes above
and beyond the ideals of The American Dream. Highline cityscape and
deep-blue ocean can be captured in a single view, while the worlds
finest Clam Chowder wafts through the air. The streets are alive
with both young and old, those working in the financial district
downtown or those living in one of the most rapidly growing areas
in the Seaport to enjoy the surrounding nightlife. For students,
there are over 50 renowned universities and colleges, some that
specialize in just music or trade fields, and others that continue
to set nationwide standards year after year. For parents, there is
a peace of mind that their children are safe in the hands of a city
that has produced some of the worlds finest innovators since
1630.
Chinese investors have
continuously been playing a large role in the Greater Boston real
estate market – and you ask why? My clients are moving here to
Boston mostly for education because there are many well known
schools here: Harvard, Massachusetts Institute of Technology,
Boston University, Boston College, New England Conservatory, and
the music colleges. They are moving here to prepare [their
children] for attending these quality schools in the future, said
Gibson Sothebys International Realtys own Siufu Lau, a Hong Kong
native who specializes in the sale of luxury homes throughout the
greater Boston area.
The presence of strong research
universities also gives way to a vibrant, startup culture, perfect
for venture capital investment. In an article on Chinese investment
in Boston tech-startups, Gregory T. Huang of Xconomy
reported that Haiyin Capital, based in Beijing, has made investments in four
Boston-area tech companies, totaling about $20 million, partner Xin
Ma said. These companies include a flying-car developer, a
solar-cell firm, a wireless-power company, and a
flexible-electronics developer, and are referred to by Ma as only
the first wave of Boston investment for his firm. In 2015, the
Marriot hotel in Burlington, MA, even hosted the U.S.-China
High-Tech Summit, Boston 2015, which brought together a mix of
Chinese officials, business leaders, and Boston-area
startups.
The future is bright for
continual investment in Boston, and China is on the forefront of
the beautiful, positive change.