CCTV Script 11/03/15

— This is the script of CNBC's news report for China's CCTV on March 11, Wednesday.

Money is moving around the world faster than ever. And millionaires, it turns out, are becoming just as global.

According to a new study from global real estate consultant Knight Frank along with Fragomen, more millionaires are looking for homes in other countries.

Their interests range from pied-a-terres to beach homes. A growing number are also looking for primary residences to move their families entirely and obtain new citizenship.

So where are millionaires moving from and going to to?

According to the study, India, 27 percent of its millionaires left the country in the last 10 years. Russia lost 17 percent and 76,200 Chinese millionaires exited the country between 2003 and 2013. That's 15 percent of its total millionaire population.

We've been also seeing the rich moving out of the developed countries too. France, for example, lost 31,700 millionaires which is 13 percent of its total. Apart from that, we have a record number of Americans who gave up their citizenships in 2014.

But, what can you buy with one million dollars, a million dollars isn't what it used to be, especially in the world's luxury real estate markets.

According to a new survey from Knight-Frank, $1 million buys you only 17 square meters in Monaco, the world's most expensive real estate market as measured by average cost per square foot.

Hong Kong ranked second, with $1 million buying you only 20 square meters and in London, you'll get just a wee bit more for $1 million, or about 21 square meters.

New York ranked fourth, with $1 million getting you a whopping 34 square meters, which is, of course, luxurious compared to the city's new micro apartments.

Cape Town, South Africa, and Dubai are still the real bargains when it comes to luxury real estate around the world.

A $1 million gets you 204 square meters, in Cape Town.

When it comes to price growth, New York topped the list for prime property worldwide, jumped 18 percent in 2014.

Aspen, Colorado, ranked second, with prices up 16 percent. Bali, Indonesia; Istanbul and Abu Dhabi rounded out the top five price gainers.

Europe didn't fare well due to the economic slowdown, regulations and taxes.

Lack of Russian buyers and political turmoil rattled property markets. Posh locales such as St. Moritz, Switzerland; Cap Ferrat, France; Paris and Milan all saw declines.

The most popular place for millionaires to land is the United Kingdom.

According to the study, the U.K. gained 114,100 millionaires between 2003 and 2013, making up 14 percent of the country's millionaire total.

Singapore gained 45,000, or 20 percent of its total, while Australia gained 22,200, or 14 percent.

CNBC's Qian Chen, reporting from Singapore.

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