Smart Chinese, both from the mainland and from Hong Kong, are taking advantage of the UK’s property market and superior educational facilities to plan for their children’s future. Often while their children are still very young, forward-looking Chinese parents are investing in properties close to schools and universities where they plan to send them for a UK education. The consistent rise in value of UK properties in the last twenty years and the high prestige of the best UK schools and universities makes this a clever strategy for these smart Chinese.
Key Takeaways:
- Preparing for their children’s education is the major reason why many Hongkongers and mainlanders invest in properties in Britain
- The Brexit vote in June, when Britons opted to leave the European Union, has boosted sales of properties in London because the sterling has since fallen 15 per cent against the US dollar.
- One residential project attracting the attention not only of Hong Kong investors, but those from Asia as well as in London, is Spire London
“”Many Hong Kong property investors want to invest in the British areas close to their children’s study””