Australia has also launched a program that can lead to permanent residency for anyone willing to make a sizable investment in the country.

This one is pricey though. Chinese hoping to emigrate have to put down 5 million Aussie dollars ($4.5 million).

Since the scheme began in November 2012, 91% of the 545 applicants for the visas have been Chinese nationals.

The influx of foreign money is contributing to rising home prices, especially in Sydney. Property sales in the city spiked by 15% in 2013 alone, according to Australian Property Monitors.

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