immigration & overseas study · reasons to immigrate for high-net-worth individuals in 2015 ....

Immigration & Overseas Study

© 2016 Beyond Summits

Summary：

• In times of economic globalization, global talent flow has become a trend. Immigration bonus

turned to be more enticing in the field of technology and economy.

• The number of overseas Chinese amounted to about 60 million worldwide, and Chinese

immigrants have been the largest immigration group in the world. Chinese primary immigration

destinations include US, Canada, Australia, South Korea, Japan and Singapore.

• People who emigrated for overseas study occupied the majority of Chinese immigrants. Most

of them were male aged 20-39 with a geographical concentration in China’s coastal areas,

such as Yangtze River Delta region, Zhujiang Delta region and around the Bohai sea region.


2

Summary：

• For high-net-worth individuals, main reasons to immigrate were educational quality,

environmental pollution, and food safety. Many of them held the opinion that their children

would have better education and become more confident after immigration. However, they

would also be faced with the problems of tax policy, language barriers and cultural differences.

• The number of Chinese students studying abroad has grown at a double-digit rate in recent ten

years. And the number of returnees has also risen rapidly. More than three-quarter of Chinese

students studying abroad chose to come back after finishing their studies, according data from

2013 to 2015.


3

Summary：

• US, UK, Australia, and Canada have been main destinations for Chinese students studying

abroad. A wide range of ages were seen among them, and nowadays students choosing to

study abroad showed an increasingly lower age.

• In 2015, economic majors were the most popular ones among Chinese students abroad.

Generally, returnees’ salary level couldn’t meet their expectations. More than two-thirds of

returnees’ monthly salary was below CNY10,000 after returning to China.

• The development of the Internet has changed the way to acquire information. More users are

looking to social media and portal sites to obtain overseas study information. Still, lectures and

educational exhibition are proven to be the most effective ways to get information of overseas

education.


4

Source：OECD

In 2014, China, Romania, and Poland were top three countries whose nationals tended to flow

overseas. The number of Chinese immigrants was much more than that of other countries.


5

560

370

300

270

160

150

150

140

130

120

China

Romania

Poland

India

The Philippines

Italy

Mexico

US

Vietnam

France

Top 10 Countries for Emigration in 2014 (‘000)

Source：OECD 2016

In 2014, US was the top country to receive immigrates in the world, followed by Germany and UK.

The number of immigrants to Germany was 0.57 million in 2014, up by 23% compared with the

previous year.


6

1,020

574

320

260

260

240

220

180

120

100

US

Germany

UK

Canada

France

Australia

Italy

Spain

Switzerland

Netherlands

Top 10 Destinations for Immigrants in 2014 (‘000)

Source：China and Globalization Data, Base CCG Report

In 2015, Oceania was the most popular destination for Chinese immigrants. North America and

Europe came second and third. According to the data, China was the second largest country for

sending immigrants who become permanent residents in US, only after Mexico.


7

Oceania, 35.3%

North Amercia, 25.7%

Europe, 22.5%

Hong Kong & Macao &

Taiwan, 8.3%

Asia, 7.1%

Others, 1.1%

Chinese Immigrants’ Destination in 2015

Source：Hurun 2015

In consideration of education, house purchasing, immigrating policy, living costs, tax, medical

treatment, passport, visa free, and immigrating adaptability, US took the highest immigration index

in 2015. Next came UK and Canada.


8

9.10

8.70

8.30

7.75

7.60

7.40

7.15

7.10

5.70

5.65

US

UK

Canada

Austrilia

Singapore

Germany

New Zealand

South Korea

Hungary

Portugal

Chinese Immigration Index in 2015

Source：Hurun 2015

For high-net-worth individuals, in 2015, main reasons to immigrate include educational quality,

environmental pollution, and food safety.


9

22%

20%

18%

10%

9%

6%

4%

4%

3%

2%

Educational Quality

Environmental Pollution

Food Safety

Medical Level

Social Welfare

Asset Security

Social Security

Political Envrionment

Fertility Demand

Others

Reasons to Immigrate for High-net-worth Individuals in 2015

Source：Hurun 2015

Many immigrants held the opinion that their children would receive better education and become

more confident after immigration. However, they would also be faced with the problems of tax

policy, language barriers and cultural differences.


10

Tax Policy, 25%

Language, 23%

Culture, 15%

Less Economic Opportunity,

14%

No Social Network, 11%

Others, 11%

Problems after Immigration in 2015

Enhancing Children's

Education & Confidence,

37%

Enjoying International

Freedom, 23%

Improving Life Quality, 21%

Allocating Asset More Securely

and Diversified , 9%

More Fertility Opportunities,

2%

Others, 8%

Changes after Immigration in 2015

Source：Hurun 2015

For Chinese high-net-worth individuals, the most popular destinations for immigration and

purchasing house were some regions within US, including Los Angeles, San Francisco, New York,

Seattle, etc.


11

Rank Destination Ratio

1 Los Angeles 17.4%

2 San Francisco 16.0%

3 New York 13.5%

4 Seattle 8.9%

5 Vancouver 8.8%

6 Boston 5.6%

7 Sydney 4.0%

8 Toronto 3.0%

9 Melbourne 2.8%

10 Singapore 2.8%

11 New Zealand 2.6%

12 Chicago 2.2%

13 Hongkong 2.2%

Rank Destination Ratio

14 London 2.0%

15 France 1.4%

16 Japan 1.4%

17 Portugal 1.2%

18 Spain 1.0%

19 Canberra 0.8%

20 Italy 0.6%

21 St Kitts and Nevis 0.6%

22 Antigua and Barbuda 0.4%

23 Malta 0.4%

24 Cyprus 0.2%

25 Hungary 0.2%

Chinese Favourite Destinations to Immigrate & Purchase House

Source：Overseas Study Development Report 2015

In 2015, the number of Chinese students overseas ranked first in six of top ten destinations for

receiving international students, which meant that Chinese students accounted for a significant

proportion of international students.


12

Rank Country

Chinese Students among

International Overseas

Students

Ranking of the Number of Chinese

Overseas Students

1 US 16.35% 1

2 UK 12.56% 1

3 Germany 6.35% 1

4 France 5.99% 2

5 Australia 5.11% 1

6 Canada 4.89% 1

7 Russia 3.86% 5

8 Japan 3.33% 1

9 Spain 2.16% 13

10 China 1.97% ——

Source：The Chinese Ministry of Education

The number of Chinese students studying abroad has increased at a double-digit rate in recent ten

years.


13

134.0 144.0

179.8

229.3

284.7

339.7

399.6 413.9

459.8

523.7

13.1%

7.5%

24.9%

27.5%

24.2%

19.3%

17.6%

3.6%

11.1%

13.9%

0%

5%

10%

15%

20%

25%

30%

0

100

200

300

400

500

600

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

The Number of Chinese Students Studying Abroad (‘000)

Number('000) Growth Rate

Source：The Chinese Ministry of Education

The number of returnees who’ve been studying abroad has risen rapidly in recent ten years. More

than three-quarter overseas Chinese students chose to came back home after finishing their

studies, according to data from 2013 to 2015.


14

42.0 44.0

69.3

108.3

134.8

186.2

272.9

353.5 364.8

409.1

31.3% 30.6%

38.5%

47.2% 47.3%

54.8%

68.3%

85.4%

79.3% 78.1%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

0

50

100

150

200

250

300

350

400

450

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

The Number of Return Students & Proportion of Return Students in All Overseas Chinese Students

Number of Returnees('000) Proportion of Returnees in All Overseas Chinese Students

Source：Hurun 2015

US, UK, Australia, and Canada were main destinations for Chinese students who wanted to study

abroad. They were also popular destinations for immigration.


15

33.2%

23.6%

13.4%

11.3%10.3%

7.2%

3.4% 2.7%1.7%

0.7%

0%

5%

10%

15%

20%

25%

30%

35%

US UK Australia Canada New Zealand Switzerland France Germany Singapore Japan

Top 10 Destinations for Overseas Study

Source：USA Open Doors，HESA，Australian Department of Immigration and Citizenship，Canadian Government Data

The number of Chinese students who studied in US, UK and Canada has increased in recent 6

years, especially in US. In 2009, the number of Chinese students studying in Australia slipped due

to the shutdown of some private vocational colleges in Australia. However, the number rose again

in the academic year of 2012-2013.


16

98,235

127,628

157,558

194,029

235,597

274,439

28,895 36,950 44,835

53,525 56,535 58,810 38,038 42,998

40,384

36,872 38,681

16,367 17,726 21,814 25,346

0

50,000

100,000

150,000

200,000

250,000

300,000

2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014

The Number of Chinese Students Studying in Foreign Countries

US UK Australia Canada

Source：Overseas Study Development Report 2015

Chinese students studying overseas cover a wide range of age, and students overseas now

tended to have lower age. More than 75% of the students who had the intention of studying

abroad are high school(or below) students..


17

Below Junior Middle School,

22.6%

Junior Middle School, 32.3%

High School, 22.6%

College, 9.7%

University, 9.7%

Postgraduate, 3.2%

Students Who Had the Intention of Studying Abroad

Source：Hurun 2016

In 2016, more than 30% of high-net-worth individuals held the opinion that children should be sent

overseas for further study in middle school. Next came university education. Moreover, the

proportion of studying in overseas primary schools was higher than studying for master’s degree,

which meant that studying abroad with lower age became a trend.


18

Primary School, 8.3%

Junior Middle School, 13.8%

High School, 30.6%

Undergraduate, 23.1%

Postgraduate, 6.1%

Time to Send Child Abroad for High-net-worth Families

Source：Hurun 2015

Economic majors were the most popular ones among Chinese students abroad. Next came

business and management.


19

31%

13%

9%

7%

5%

4%

4%

2%

2%

22%

Economy

Business

Management

Art

Language

IT

Media

Politics

Telecommunication

Others

Top 10 Majors in Overseas Study

Source：Chinese Service Center for Scholarly Abroad 2014

Generally, returnees’ salary level couldn’t meet their expectations. More than two-thirds of

returnees’ monthly salary was below CNY10,000 after returning to China.


20

51.14% 47.74%40.86%

32.80%

37.66% 40.26%45.74%

40.70%

11.20% 12.00% 13.40%

26.50%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

College Bechelor Master Doctor

Returnee’s Monthly Salary

<CNY5,000 CNY5,000-10,000 >CNY10,000

Source：Committee on Self-Funded Study Abroad Service of China Education Association for International Exchange (CSSAS) 2015

The development of the Internet has changed the way to acquire information. More users have

obtained the overseas education information from social media and portal sites.


21

30.6%

28.2%

26.4%

25.2%

17.9%

16.1%

3.9%

4.9%

Social Media

Vertical Website

Lecture/Educational Exhibition

Study Abroad Agency

Portal Site

Print Media & Brochure

OOH

Embassy

How Students Get Overseas Education Information

Source：Committee on Self-Funded Study Abroad Service of China Education Association for International Exchange (CSSAS) 2015

Lectures and educational exhibition are still the most effective ways to get information of overseas

study, followed by WeChat and vertical websites.


22

44.0%

22.0%

11.0%

33.0%

11.0%

23.1%18.7%

35.2%

56.0%

59.3%

31.9%

29.7%

55.0%

55.0%

52.8%

34.1%

36.3%

21.0%

14.1% 44.0%

12.1%

5.0%

18.0%

19.7%

32.0%

15.3%

29.0%24.1%

29.2% 28.7%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Lecture & Exhibition Leaflet Newspaper Weibo WeChat Portal Site Vertical Website Radio & TV OOH

Promotion Effect for Overseas Education Information

Very Effective Effective No Effect Unknown

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immigration & overseas study · reasons to immigrate for high-net-worth individuals in 2015 ....

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