Australia topped the latest list of the most suitable destinations for rich Chinese who want to get overseas citizenship or permanent residency through investment.
 

More than 25,500 Chinese received permanent residency in Australia in 2011 through 2012, and about 18 percent of them achieved their "green card" through investment, according to the Annual Report on Chinese International Migration 2014 published by the Social Sciences Academic Press and the Center for China and Globalization, an independent think tank in Beijing.
 

China emerged as the largest source for Australia's investment migration during the period, accounting for 64 percent. The rate was less than 8 percent one decade ago, the report said.
 

Chen Ye, a 32-year-old from Shanghai, is applying to immigrate to Australia.
 

An investment of A 5 million USD (4.68 million USD) for a better education and living environment for her young son sounds like a good deal, said Chen, whose husband owns a shipping company.
 

However, more and more Chinese are showing growing enthusiasm in purchasing properties in European countries like Portugal, Spain and Greece to get permanent residency.
 

Asian countries such as Malaysia and South Korea have become increasingly popular for wealthy Chinese, she said.
 

In the past, most wealthy Chinese emigrated to obtain overseas identities, but now more choose to optimize their investments, especially as many cities in China restrict house purchases and plan to introduce property taxes to curb speculation, she added.

Yu Ran in Shanghai contributed to this story. 

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