Property News · October 23, 2019

Hong Kong residents who can afford overseas homes flock to seek sanctuaries abroad as protest rallies rage on at home


Purchases of offshore residential property by Hong Kong residents have jumped fourfold in the last five months, as the worst political crisis at home drove more city residents to seek safe haven abroad, according to real estate brokers.Residential property purchases that are tied to emigration incentives, such as the so-called Golden Visa offered by Greece, Portugal, Cyprus, Malta, as well as Malaysia’s “My Second Home” programme – which entitle property owners to be residents, have been on the…

Source : South China Morning Post
Read more…Hong Kong residents who can afford overseas homes flock to seek sanctuaries abroad as protest rallies rage on at home

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