Chinese Australians
As a whole, Australian residents identifying themselves as having Chinese ancestry made up 5.6% of those nominating their ancestry at the 2016 census and numbered 1,213,903. At the 2016 census, 509,555 people declared that they were born in Mainland China, 86,886 declared that they were born in Hong Kong, while 46,882 declared that they were born in Taiwan. There are also a large number of persons of Chinese ancestry among those born in Southeast Asian countries such as Malaysia, Indonesia, Singapore, the Philippines and Vietnam.
Economy of Australia
Australia's special investor visa program introduced in 2012 encouraged Chinese investment. The visa program fast-tracks visas and eases the residency requirement for a permanent visa for those ready to invest over five million Australian dollars into state government bonds, specific infrastructure and property investments. Wealthy Chinese interested in retirement houses, top schools and cleaner air, began looking to Australia after Canada started scaling back its investment visa program in 2012 and eliminated its main investor visa program in 2014. In early 2014 it was reported that the Australia's special investor visa was granted to 65 mostly Chinese millionaires who brought over $440 million into the country. By 2017, almost 90% of the more than 1,300 foreigners who used Australia's special investor visa program were from China. Australia also has an investor visa program with a required investment of one million Australian dollars but with more restrictions and a lengthier period of time to get a permanent visa.