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Foreigners Buying in the USA
Account Closed
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  • Real Estate Investor
  • Chicago, IL
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Testing the Waters: Chinese Investors Buying US and UK Properties

Account Closed
Pro Member
  • Real Estate Investor
  • Chicago, IL
Posted Aug 13 2010, 02:07

This article is mainly about Chinese investors in the UK, but let me tell you that they are here in the US as well. According to the article, investors from China and Hong Kong make up 11% of all UK sales.

Perhaps the most interesting part of the below article is the mentioning of Chinese banks opening branches here in the US, to specifically cater to Chinese buyers and the financing of US property purchases.

Proper marketing to these types of clients, including those from other cash rich countries in the Middle East (UAE, Saudi) and South America (Brazil) can prove lucrative.

The key to connecting with Chinese clients in particular is to present an offering of what else can they get in the US with the purchase of a home? The key is that Chinese buyers want to move here, or send their kids here for education.

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Testing the waters
Chinese Economic Review

http://www.chinaeconomicreview.com/cer/2010_08/Testing_the_waters.html

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