"More and more wealthy Chinese choose to live in the United States," according to a report on Forbes website on May 13.

The latest data released by the U.S. State Department show that in 2013, the United States has approved 6,895 EB-5 investment visas to the Chinese applicants, accounting for 80 percent of the total project.

While In 2011, the number of the Chinese who received U.S. EB-5 investment visa was less than 2,500. The EB-5 investment visa aims to give immigrant status to foreigners who have invested $ 1 million in the United States or $ 500,000 in the rural areas with high unemployment rate.

The United States is not the only option for wealthy Chinese. In Australia, 90 percent applicants in an immigration project aiming to attract wealthy investors are from China, which has brought nearly $ 300 million after its implementation in 2013.

In Canada, 45,000 investors from the Chinese mainland have applied for investment immigrant project. However as investment immigration has brought controversy on the economic effect, the Canadian government announced the suspension of the immigrant investor program earlier this year.

Edited and translated by Huang Jin, People's Daily Online

The article is edited and translated from 美投资签证八成给中国人 , source: Global Times