These are millionaires’ favorite countries to migrate to

2022 breaks with old paradigms in terms of millionaire emigration.

Gone are the days when people in high places sought the safety of countries like the United States, Canada, and the United Kingdom because they offered the best opportunities for economic growth and personal peace of mind with a low rate. of crime.

But times are changing and now millionaires are guided by very specific interests when it comes to migrating because they have a lot of countries that are ready to welcome them with open arms. The reason for this is that wealthy immigrants rarely compete for jobs with the native population, do not overload health systems because they prefer to pay for exclusive private care, and are likely to invest money in local economies. .

Transnational millionaires value aspects such as quality of life, political and economic stability, financial incentives such as preferential tax treatment and favorable immigration policies of a country when choosing its migration destination.

They are particularly interested in programs that offer residency and citizenship to people who invest a large sum of money (sometimes called “golden visas” or “golden passport”), the so-called “digital nomad” and other incentives offered by host countries to attract investment.

The reality is that many wealthy people obtain residency in a country but only stay there as long as necessary. Its real interest is to take advantage of the tax advantages or investment opportunities that its new legal status allows it.

It is believed that in 2022, Some 88,000 wealthy individuals have decided to settle in a foreign countrywhile projections for 2023 hover around 125,000, according to consultancy Henley & Partners.

Here we show you The 10 favorite countries of millionaires in 2022.

Trix Barber

"Amateur bacon nerd. Music practitioner. Introvert. Total beer junkie. Pop culture fanatic. Avid internet guru."

Leave a Reply

Your email address will not be published. Required fields are marked *