Chinese keen to invest in overseas property
An international property exhibition proved incredibly popular with residents of Beijing last month when tens of thousands of visitors arrived ready to peruse the variety of properties available across the globe.
In accordance with Chinese regulations the populace is able to invest up to $50,000 per year, per person abroad so a family of four can purchase a property for around $200,000. London properties continues to prove appealing with the audience as UK properties saw a high level of visitor interest.
Other countries in high demand included the US, Hong Kong, Canada and Australian property exhibitors were kept busy throughout the show.
Some European destinations were not so popular such as Turkey, Cyprus, France, Italy or Spain.
More than thirty countries were represented at the show resulting in more than 70 stands. Beijing will host another Real Estate Expo during the middle of September.