{"id":120668,"date":"2021-04-27T18:30:09","date_gmt":"2021-04-27T11:30:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residents-buy-us1-3-billion-worth-of-homes-in-london-after-uk-opened-path-to-citizenship-in-july\/"},"modified":"2021-07-18T17:03:58","modified_gmt":"2021-07-18T10:03:58","slug":"hong-kong-residents-buy-us1-3-billion-worth-of-homes-in-london-after-uk-opened-path-to-citizenship-in-july","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-residents-buy-us1-3-billion-worth-of-homes-in-london-after-uk-opened-path-to-citizenship-in-july\/","title":{"rendered":"Hong Kong residents buy US$1.3 billion worth of homes in London after UK opened path to citizenship in July"},"content":{"rendered":"


\nNine months since the UK offered millions of Hongkongers a path to citizenship, the residents of its former colony have bought \u00a3959 million (US$1.3 billion) worth of homes in London, according to a leading property agency. Between July 2020 and March 2021, Hongkongers bought 1,932 units or 4 per cent of London homes sold during the period, according to Marc von Grundherr, director at Benham and Reeves, one of the largest independent agents in the British capital. With house prices averaging \u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong residents buy US.3 billion worth of homes in London after UK opened path to citizenship in July<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nine months since the UK offered millions of Hongkongers a path to citizenship, the residents...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120668","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vog","jetpack-related-posts":[{"id":117622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-offer-of-a-citizenship-path-for-hongkongers-reignites-demand-for-london-homes\/","url_meta":{"origin":120668,"position":0},"title":"UK\u2019s offer of a citizenship path for Hongkongers reignites demand for London homes","date":"July 7, 2020","format":false,"excerpt":"\r The United Kingdom\u2019s offer of a path to citizenship for the holders of British National (Overseas) passports in Hong Kong has reignited interest in London homes.UK property is expected to be a major focus in the second half of this year for Asia Bankers Club, which focuses on marketing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-emerge-as-some-of-the-busiest-buyers-of-uk-homes-as-they-snap-up-property-ahead-of-exodus-by-bno-passport-holders\/","url_meta":{"origin":120668,"position":1},"title":"Hongkongers emerge as some of the busiest buyers of UK homes, as they snap up property ahead of exodus by BN(O) passport holders","date":"November 18, 2020","format":false,"excerpt":"\r Hong Kong\u2019s residents have emerged as some of the busiest and most aggressive buyers of London homes, as they made a beeline to snap up residential real estate ahead of a January 2021 application process that opens the path to the right of abode and full citizenship in Britain.Hongkongers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-1-billion-scheme-to-build-3500-homes-on-former-royal-dockyard-site-in-london-gets-green-light-after-15-years\/","url_meta":{"origin":120668,"position":2},"title":"Li Ka-shing\u2019s \u00a31 billion scheme to build 3,500 homes on former royal dockyard site in London gets green light after 15 years","date":"July 10, 2020","format":false,"excerpt":"\r CK Asset Holdings, the developer founded by Hong Kong\u2019s best known tycoon, has been given the green light from the UK government to start work on a \u00a31 billion (US$1.26 billion) project offering 3,500 homes in London 15 years after it bought the site.Approval for the first phase of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-turn-to-virtual-reality-to-speed-up-uk-property-purchases-as-covid-19-pandemic-rules-out-in-person-viewings\/","url_meta":{"origin":120668,"position":3},"title":"Hongkongers turn to virtual reality to speed up UK property purchases as Covid-19 pandemic rules out in-person viewings","date":"June 30, 2021","format":false,"excerpt":"\r Buyers from Hong Kong are snapping up property in London at a faster pace to take advantage of the UK\u2019s citizenship offer, with developers and agents garnering more sales from clients with the aid of virtual technology.Live video tours, video conferencing and virtual augmented reality apps were assisting Hongkongers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hongkongers-rush-for-uk-property-beware-of-this-40-per-cent-inheritance-tax-pain\/","url_meta":{"origin":120668,"position":4},"title":"As Hongkongers rush for UK property, beware of this 40 per cent inheritance tax pain","date":"November 24, 2020","format":false,"excerpt":"\r UK property continues to benefit from strong interest from foreign investors, especially those from Hong Kong seeking a path to citizenship. London, specifically, has always been attractive, as it consistently features among the top three cities in the world for prime property investments.\r\rAsian investors are driving this trend, as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-overtakes-hong-kong-as-worlds-busiest-super-prime-property-market-as-french-hongkongers-fuel-purchases\/","url_meta":{"origin":120668,"position":5},"title":"London overtakes Hong Kong as world\u2019s busiest super prime property market as French, Hongkongers fuel purchases","date":"April 14, 2021","format":false,"excerpt":"\r London unseated Hong Kong as the top market for super-prime property in terms of transaction value, as foreign buyers including French and Hongkongers helped lift the market despite pandemic and Brexit concerns.The British capital recorded US$3.75 billion of sales from 201 transactions, according to property consultancy Knight Frank, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120668"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120668"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120668\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}