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Top 10 overseas investment destinations for Chinese rich

Russia’s Saint Petersburg was the city with the highest return on foreign property investment in 2019, with the return on investment (including annual increase in housing prices, rental yield and exchange rate change rate) reaching 31.1 percent, according to Hurun’s latest China HNWI global property ROI.

Hokkaido and Budapest took 2nd and 3rd, with the ROI at 24.8 percent and 23.8 percent, respectively.

Among the 50 cities on the list, 10 cities are in the US, a decline from 13 in the same period in 2018, followed by the UK with seven and Canada with five.

Moreover, Hokkaido, Houston and Chicago ranked as the top three cities for rental yields in 2019, with the figures at 9.4 percent, 8.3 percent and 7.5 percent, respectively.

Now, Let’s take a look at the cities with the highest ROI on property.

No 10 (tie) Montreal, Canada
ROI: 16.9 percent

Boats are docked at the Old Port of Montreal, Quebec, in Canada. [Photo provided to China Daily]

No 10 (tie) Hamilton, Canada
ROI: 16.9 percent

People dressed up as Santa Claus join a race in Hamilton, Canada, on Nov 19, 2017. [Photo/Xinhua]


No 9 Bangkok, Thailand
ROI: 18.4 percent

A couple walks on the empty grounds of Wat Po Temple in Bangkok, on March 3, 2020. [Photo/Agencies]

No 8 Pattaya, Thailand
ROI: 18.7 percent

A veterinarian plays with his patient, a two-and-a-half year-old Thai elephant in Pattaya, Thailand, on Sept 12, 2019. [Photo/Agencies]

No 7 Moscow, Russia
ROI: 18.8 percent

Fireworks explode behind the Novodevichy Monastery, marking Defender of Fatherland Day in Moscow, on Feb 23, 2020. [Photo/Agencies]


No 6 Cape Town, South Africa
ROI: 19.6 percent

Children leap into a tidal pool at Camps Bay beach in Cape Town, South Africa. [Photo provided to China Daily]

No 5 Ottawa-Gatineau, Canada
ROI: 20.3 percent

Participants compete during the Ice Dragon Boat Festival on Dows Lake in Ottawa, Feb 9, 2019. [Photo/Agencies]

No 4 Phuket, Thailand
ROI: 22.3 percent

A street is seen in Phuket, Thailand, on March 10, 2020. [Photo/Agencies]

No 3 Budapest, Hungary
ROI: 23.8 percent

People dressed as Santa Claus participate in the annual Santa Run in central Budapest, Hungary, on Dec 8, 2019. [Photo/Xinhua]


No 2 Hokkaido, Japan
ROI: 24.8 percent

Elementary school students walk on a snow-covered street in Hokkaido, Sapporo, Japan, on Feb 26, 2020. [Photo/Agencies]

No 1 Saint Petersburg, Russia
ROI: 31.1 percent

A boy plays in the snow in a park in Saint Petersburg, Russia, on Oct 29, 2019. [Photo/Agencies]

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