China's Richest Start Leaving As The Trade War Escalates - News Summed Up

China's Richest Start Leaving As The Trade War Escalates


GettyThe number of Chinese millionaires coming to the U.K. has gone up by nearly 50%, latest figures from the U.K. Home Office show. In recent years, the Tier 1 visa has proved increasingly popular with Chinese millionaires. It's not just that over half these visas went to Chinese millionaires, but they far outstrip any other nationality. But why are China's millionaires so keen to get their hands on a U.K. visa? Many of China's wealthiest do not rate their country's chances in a trade war, judging by their hankering for foreign residencies.


Source: Forbes May 28, 2019 12:11 UTC



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