Visa Policies Lead to Larger Chinese International Real Estate Investments

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The US reformed its visa policy,
making it easier for Chinese tourist to apply for visa, increasing
Chinese global investment and Chinese tourism.

Specifically, Chinese visitor
arrivals to the US surged 68% in December 14 and January 2015
following the unprecedented US visa policy change [and] Chinese
tourist are forecasted to spend $422 billion overseas annually by
2020. This excessively high amount of spending nearly doubledfrom
the $229 billion in 2015.

This jump quickly caught the eye
of governments around the world. The graph shown below, illustrates
the drastic average monthly increase of Chinese visitors to the US
as well as Chinese direct investment in the US from
2011-2016.

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Following in the US footsteps,
Japan, and many other nations, have reformed or relaxed their visa
policies in order to increase foreign investments. Six notable
nations that have eased their policies are Australia, The United
Arab Emirates (UAE), The Philippines, Malaysia, Vietnam and
Turkey.

Resultantly, these nations have seen a high demand for
properties and numerous visits from Chinese buyers.

Source: Juwai.com

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