Hong Kong exodus tilts real estate agencies to emigration services

Brokers see surge in business for visa support and property management

20210319N hong kong skyline (REUTERS)

Many more Hong Kong residents have looked to move overseas during the past year. © Reuters

STELLA WONG and TAKESHI KIHARA, Nikkei staff writers

HONG KONG -- As Hong Kong residents move overseas to escape China's political crackdown, real estate companies see new opportunities in areas such as assisting with visa applications and brokering property transactions.

Interest in leaving Hong Kong is the highest since the lead-up to the former British colony's 1997 return to China, said Andrew Lo, a local emigration consultant who has worked in the industry for over three decades.

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