适合车上听的歌曲 2016:Chinese rich's coveted treasure: islands

来源:百度文库 编辑:九乡新闻网 时间:2024/04/25 22:10:36

Chinese rich's coveted treasure: islands

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Richard Branson has one and so does Bill Gates. Now luxury private islands are becoming the must-have item for the mainland's uber-rich.


Hong Kong's booming luxury property sector is testament to the deep pockets of mainland buyers, but cashed-up Chinese are now looking beyond the obligatory mansion on The Peak.


A client from China had bought two islands over the past two years from a German company, Vladi Private Islands, said James Denoon, co-founder of China New Frontier, a Hong Kong real estate company that markets islands to Chinese clients on behalf of Vladi.


"Affluent people often develop an insatiable desire for luxury goods," Denoon said. "First, the expensive clothes, then the fancy watches, then the cars, then the property, then the boat and the private jet. Next comes the private island. It's the ultimate in luxury ownership."


The Chinese client paid more than US$100,000 for one island in Canada and more than €4 million (HK$44.02 million) for an island in the Mediterranean, added Denoon, who declined to disclose the person's identity. "We have a considerable and ever-growing list of prospective Chinese customers. The origin of their wealth is diverse."


Vladi, a real estate firm, recently leased an island in the Seychelles to Prince William and Kate Middleton for their honeymoon, he said.


It has brokered the sale of 2,000 islands in the past 40 years. Its target clients in China and elsewhere were high net-worth individuals, senior executives and entrepreneurs who had a taste for international travel and adventure, enjoying luxury goods and the status they brought, Denoon said. The firm's clients include Gates and Branson.


"We expect mainland Chinese to purchase private islands for a number of reasons: as a private hideaway, status, investment and an offshore haven for capital," he said. They may also buy islands for tax purposes, given that some jurisdictions for which Vladi marketed their islands were tax-friendly, he added. For example, the Bahamas imposes no personal income tax, corporate income tax, capital gains tax or inheritance tax.

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Chinese people wished to diversify their asset portfolios by investing internationally, he said. "Purchasing a private island is one option."


Some would buy an undeveloped island for US$5 million, develop it by building property for another US$5 million and sell it for US$30 million to US$40 million, he said.


Vladi's Chinese-language website features islands for sale in the Maldives, Europe, Bahamas, US and New Zealand. For example, Nautilus Island in the US, with an area of 15 hectares, is on sale for US$10.6 million, while Towan Island in Britain is selling for £1.25 million (HK$15.88 million) and St Kilda, a 150-hectare island in New Zealand, is on sale for NZ$48 million (HK$301.37 million).


"Private islands are for sale all around the world," Denoon said. "It is not our intention to sell many islands in Asia, given government restrictions and the fact that they tend only to be available on a leasehold basis. The Chinese government has put a small number of private islands on a leasehold basis. It is not our intention to sell any of these."


One exception in Asia is Komoriyama, which Vladi is marketing to Chinese clients. The 0.34-hectare Japanese isle is priced at US$876,000.


"From an investment perspective, there is a fixed number of private islands globally," he said. "By comparison, there's nothing unique about property. Newer, bigger and better properties are built all the time. Islands cannot be fabricated ... They are an extremely scarce resource and consequently a sound investment."  (SCMP)