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Friday, April 26, 2024

Chinese seek new homes in Southeast Asia as govt ends zero-Covid curbs: Report

As China has dismantled most of its zero-Covid curbs allowing citizens to travel abroad for the Lunar New Year holiday, many Chinese nationals are seeking new homes in Southeast Asia. According to a report by the South China Morning Post (SCMP) on Saturday (January 14), property agents and immigration experts are witnessing a rise in inquiries from Chinese nationals regarding residency in Thailand, condos in Malaysia and offices in Singapore. 

In Singapore, Sulochana Uthirapathi, the founder of Transform Borders- a firm that specialises in immigration matters related to the country, said that she had noticed an influx of inquiries from Chinese nationals who were planning to move to Singapore in the past month. Speaking to This week, Uthirapathi said most of these were high-net-worth individuals who wanted to move their families to Singapore.

“To move their families here, one way is…

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