Spurred by a seemingly interminable “Covid-Zero” policy, now-definitely dashed hopes of a change in top leadership, and a slew of other strong push factors, China’s investment migration market – which cooled off sharply during the first two years of the pandemic – is rapidly reviving. That trend is statistically evident from the recently published nationality figures of programs like Portugal’s Golden Visa, Ireland’s IIP, and New Zealand’s Investor Visa, as well as anecdotally from the programs that don’t.
This week, we learn that one of the biggest beneficiaries of this Chinese exodus has been Thailand’s Elite residence program. During the 2022 Thai fiscal year, which ended on September 30th, program authorities approved 3,131 Chinese applicants, nearly three times as many as the 1,095 it approved in the same period last year. Overall, the program now…
