19 December 2008

Increased numbers of Chinese moving to Australia

According to China-based real estate firms, more Chinese are buying property in Australia and the US.

The depreciating Australian dollar and property prices have caused a surge in the number of Chinese who move to Australia. 

Rainer Schleif, manager of an Australian real estate company Aimeilan Consulting (Beijing) Co Ltd, said a growing number of Chinese are becoming interested in buying property Down Under.

"There are more people coming to our stall and asking about the process of buying an overseas property," he said.

"This is mainly due to more immigration demand and the sharp depreciation of the Australia dollar and other foreign currencies."

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The Australian Visa Bureau is an independent consulting company specialising in helping people with emigrating to Australia.

Article by Jessica Bird, Australian Visa Bureau.