Recent news shows that Chinese investors are seriously interested in Vancouver real estate properties.
Tagged: Mainland China
British Columbia is bracing for a Chinese invasion to boost tourism as the first group of travellers arrived in Vancouver after China granted Canada Approved Destination Status.
Three hundred and fifty people from Mainland China were greeted by Premier Gordon Campbell and federal Minister Stockwell Day at Vancouver International Airport Wednesday.
The granted status means that Chinese tourists are now permitted to travel in large groups to the country for leisure travel, and tourism companies in China can actively promote Canadian tours.
The economic impact of wealthy buyers from Mainland China has gone all but unnoticed by the average Vancouverite — but it’s no secret to the city’s real estate industry.