The current Premier of China, Li Kiqiang, recently delivered a speech at the Summer Davos Forum on September 10. The theme of the forum was the reform of innovation, wherein Li focused on ways to sustain and outdo their economic growth.

China's current economic standing is 7.5%, which is slightly higher than the previous rate. Due to China's uncertainty to preserve growth, many investors were led to leave the country mainly because of secondary citizenship. 

Like Us on Facebook

Barclays, a worldwide financial services and banking company, recently released an annual review. It revealed that almost half of about 50 individuals who were asked had plans on leaving the country in the near future. This only entails that they are willing to relinquish their nationality and acquire citizenship elsewhere.

The preservation of business is one of they key reasons why these investors prefer to emigrate. Aside from this, quality business education is offered worldwide especially in high-earning countries. Wealthy investors would want the best for their children--to secure that they are offered greater opportunities.

Furthermore, the top destination countries China is taking a good look at include Hong Kong, Canada, and the United States. The Chinese citizens seem to have engulfed Canada's immigrant visa programs, which even zeroed-out the United States' sources.

Qatar is also planning to emigrate where 36% of their respondents say they see themselves moving out of their country in a few years. Latin America is seen at 34% as well, according to Barclays' review.

China has been slow-paced in terms of economic growth, yet some are still looking forward to promising results. Nonetheless, planning for the future is highly essential. It is better to plan ahead as no one wants to be drowned in the pool of poverty. 

TagsChinese Premier