China’s borders have recently reopened for the first time since the beginning of the pandemic, allowing the world’s largest source of tourists and potential international homebuyers to travel freely around the globe.
The United States is the second-most popular home-buying destination for Chinese buyers, according to Juwai IQI, one of the largest global real estate platforms with almost 13 million monthly consumer engagements; Australia holds the top spot on the firm’s top five destination nations, followed by Canada in third, Japan in fourth, and Thailand in fifth.
“In the United States, California, Washington state, and New York still account for a significant share of Chinese acquisitions,” Juwai IQI co-founder and group CEO Kashif Ansari told The Epoch Times. “Also, the less-expensive states with higher yields like Florida and Texas are also rapidly gaining favor.”…