Hongkongers snap up Taiwanese homes as it becomes popular relocation option

The growing number of Hongkongers moving to Taiwan is likely to boost housing demand in the self-ruled island in the coming years, according to an analyst.Hong Kong residents accounted for at least a third of homes bought by foreigners in 2019 and 2020, according to the latest available data.Official data showed that 27,844 Hongkongers were approved by Taipei to gain residency from 2019 to 2021, more than double the 12,220 in the immediately preceding three years from 2016 to 2018. Those who…

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