Calendar Year: Investment and Chinese

calendar year: By The Associated Press' count, more than 100,000 Chinese have spent at least 24 billion in the last decade to buy residency through investment visa programs, according to Brandon Sun. The AP obtained the numbers of Chinese visa recipients from programs in 13 countries. And there's no bigger market for many of them than China. To estimate total investments, the AP multiplied the yearly number of Chinese investors, excluding family members, by the minimum investment required by each country. The annual investment totals were converted into dollars based on the average exchange rate for that calendar year. Most of the countries in AP's survey did not provide an official estimate of Chinese investment. (www.immigrantscanada.com). As reported in the news.