Wealth migration trend
Disputes about migration
It is worth noting that many traditional ideas are opposed to migration (for example, immigration agraph –> put pressure on social services and public health so that wages will decrease, because the rich will not choose the basic salary and They also won’t get the benefits they want from low-paying jobs). In fact, many rich people will send their children to private schools that are not funded by the government, and will also be responsible for housing and medical care without government subsidies. There are only 14 million high net wealth people in the world, and these people will not cause the problem of overpopulation as mentioned in the fifth part of the report.
In our view, the only drawback that the rich people bring may be the extent to which the majority of the local people can’t afford it, but the government has introduced some control policies, such as in Australia, foreigners are not allowed to buy. Second-hand housing (they can only buy new homes), and when foreigners sell real estate, the price must match the affordability of most people, but it does not mean that it is 2 million Australian dollars when buying, and must be 1 million when selling. Australian dollar.
The vast majority of countries want to immigrate to a handful of countries, the United States and Australia are typical. These two countries have always been ideal countries for immigration, and there are many reasons for their election. Looking ahead, we hope that these two countries will adopt a tight attitude towards immigration policies. Stop immigration applications for most people. In this way, the government can also determine the quota of high net wealth people.
US-Mexico border wall
This has been a hot topic in recent years. Some people think that the Republican Party needs this wall, because Mexican immigrants without US citizenship will not vote for the Republican Party. When the Democratic Party ended its ‘wet-footed project’ in 2017, Cubans were allowed to apply for US residency and citizenship, but the media did not report on it.
Note: The quick channel for citizen applications is usually in the process of applying for US citizenship. First, they have to get a green card, and they can get citizenship after five years. Only US citizens can participate in voting of a national nature, and green card holders or those who have permanent residence cannot vote.
a country with a large influx of high net wealth
International wealth migration is accelerating. About 208,000 millionaires immigrated to another country in 2018, and only 95,000 in 2017.
a country with a large influx of high net wealth
International wealth migration is accelerating. About 208,000 millionaires immigrated to another country in 2018, and only 95,000 in 2017.
The following table shows the influx of wealth in 2018.
Percentage refers to the ratio of influx of high net wealth people to total high net wealth people.
National focus
Australian occupation forces advantage
Australia has been rated as one of the countries where wealth is pouring in. And took the first legend of the United States four-year joint insurance. Popular immigrant cities are Melbourne, Sydney, Gold Coast, Sunny Beach, Perth and Brisbane.
Reasons for popularity:
Safety – low crime rate
Children are highly educated
Countries with high English proficiency
World economic power
World-class medical system
Growing economy
The land is large – only 25 million people, the country is large. Pleasant climate, good natural scenery.
The tax rate is moderate. Corporate tax and personal income tax are relatively high, but there is no inheritance tax, which also encourages the rich to freely establish themselves and the next generation of business empire
Australia is better than the United States:
Safety: From the perspective of women’s rights, Australia is the safest country in the eyes of women and safe for children. The United States has security risks.
There is no inheritance tax in Australia. In the United States, individuals with more than $5.5 million in wealth or more than $11 million in property owned by husband and wife are subject to estate tax, which typically accounts for 40% of total assets.
There are hidden dangers in the US medical industry. In the United States, it is difficult for high net wealth people to apply for medical insurance. It is worth noting that several well-known medical rescue centers cover patients in all developed countries except the United States (this is undoubtedly a warning). In particular, in the affordable medical bill enacted by the United States in 2010, there was no policy for the middle class and the rich, which was an additional 1.2 times increase in medical expenses.
Reasons for high net wealth for everyone to leave the country:
Safety – the safety of women and children is especially important
Lifestyle – climate, pollution, space, nature and landscape.
Worry about the economy
Child education
Work and business development prospects
Tax
Medical insurance system
religion
Standard of living
Government attitude towards the people
a city with a lot of wealth
The following are the cities with a huge increase in wealth in 2018.
Immigration mechanism
The popularity of visa programs for investment immigrants is growing, especially for high net wealth people in the Middle East and Asia. They usually require $300,000 and $30,000 in local assets and must be frozen for five years. Some immigration projects like Bermuda provide citizenship directly rather than residency. However, the projects of the Silver Crown immigrants have increased. In the final analysis, only a small number of high net wealth people rely on investment immigrants to enter the country. Most of them still rely on passports, job transfer, and family visa spouse visas to enter the country.
Note:
The immigration figures are only those who have succeeded in immigration (those who have been in possession for one and a half years). Those who have the right to reside, but who have not really moved to any country, are not immigrants as we say, and naturally will not be counted in the immigration figures. Australian immigrants are indeed in Australia, but high-net wealthy people in some countries do not live there forever, like the Caribbean and Latvia.
Reviewing high net wealth people
a country with a billionaires
Country with the highest net wealth of wealth
The country with the highest net wealth of wealth in Western 2018, the data is as of December 2018.
Major global property data
We review the cities and towns with the most expensive properties in the world on a quarterly and annual basis. The chart below shows that 2018 is the worst year for the decline in the residential property market in major cities around the world.
The real estate index is different from most other residential areas. Our index tracks the price of the square meter selected in the 200 to 400 square meter apartment in each area, which we think is the best way to check price changes. We focus on the most unique apartment buildings in each region (ie the main ones). So for New York, we will focus on the best apartment buildings on Fifth Avenue.
Traditional index – usually compiled by major banks. They are based on the total purchase/average of the bank through the period of time. In our opinion, these are the most inaccurate – they are often re-adjusted. Average sales price index – usually compiled by major banks. These indices may also be distorted by large sales for a specific month/quarter (ie, sales of the building).