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Old 04-11-2014, 12:24 AM
 
579 posts, read 613,581 times
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New Jersey
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Old 04-11-2014, 04:45 AM
 
Location: Great Britain
2,739 posts, read 2,481,723 times
Reputation: 1425
Europe has lots of tax havens and places where you can get around taxes.

Andorra, Monaco, Lichtenstein, Montenegro, Luxembourg, Cyprus, Switzerland, Malta, Gibraltar, the Channel Islands, Isle of Man etc are all tax havens, whilst even countries such as Ireland, the Netherlands, Austria, Germany and the UK (London), don't have excessive tax regimes and have loopholes in their tax laws if you employ clever tax lawyers and accountants.

The 'who's who' of European tax havens | Europe | DW.DE | 17.04.2013

Whilst Latvia may be about to join the European list of tax havens.

Latvia: 'The eurozone's new tax haven'? | Europe | DW.DE | 18.07.2013




Last edited by Bamford; 04-11-2014 at 04:57 AM..
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Old 04-11-2014, 10:01 AM
 
Location: LONDON BABY
301 posts, read 377,236 times
Reputation: 276
Quote:
Originally Posted by dba07 View Post
New York City is the premier play land for 1% ers. No doubt about it, if you're uber wealthy it is the place to be.
I thought London had more millionaires and billionaires than new york
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Old 04-11-2014, 10:08 AM
 
Location: Finland
24,268 posts, read 17,518,659 times
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Moscow, the city with the most billionaires in the world. And if you have friends in high places, you're effectively above the law.
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Old 04-11-2014, 10:13 AM
 
Location: LONDON BABY
301 posts, read 377,236 times
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Half of Russia's billionaires live in London. It's very dangerous to be a billionaire in Russia and not end up on the wrong side of politics and in a jail cell stripped of your wealth. This is why they move to London and keep large parts of their money in London, even roman abramovitch got financial security and a safe haven to flee to if/when needed, by buying Chelsea football club
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Old 04-11-2014, 10:23 AM
 
25,060 posts, read 22,112,973 times
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Who cares lol. None of you and me are in that exclusive club, so its useless to pretend to know what their needs and desires are
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Old 04-11-2014, 11:20 AM
 
Location: M I N N E S O T A
14,805 posts, read 16,988,533 times
Reputation: 8981
Quote:
Originally Posted by BugsyPal View Post
No, not really and the chart/study in the link is one of the worst bits of tripe one has come upon in quite some time.
because you don't agree with it?

and I don't think there really is much difference, your money may go farther in one region over the other but your rich so it doesn't really matter.
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Old 04-11-2014, 01:02 PM
 
6,776 posts, read 7,488,891 times
Reputation: 4196
Quote:
Originally Posted by I'm Retired Now View Post
If you are one of the ONE PERCENTERS and can live very well in the best part of town in a major American Metro area is your quality of life better than a ONE PERCENTER who can live very well in a major Western European City? So for example who can live a better life? Someone who lives as a multi millionaire in the best part of the Washington DC area or someone who lives in the best part of Paris?
america of course

taxes are far higher in europe and the cost of living is higher too , europe is much better if your poor
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Old 04-11-2014, 01:04 PM
 
6,776 posts, read 7,488,891 times
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Quote:
Originally Posted by Obi wan spaghetti View Post
Half of Russia's billionaires live in London. It's very dangerous to be a billionaire in Russia and not end up on the wrong side of politics and in a jail cell stripped of your wealth. This is why they move to London and keep large parts of their money in London, even roman abramovitch got financial security and a safe haven to flee to if/when needed, by buying Chelsea football club
abramovich was shrude enough to stay friendly with putin
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Old 04-11-2014, 01:29 PM
 
Location: New York City
4,036 posts, read 8,648,723 times
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There’s a huge difference being One Percenter and a Billionaire. In the U.S., a One Percenter is ~$600K in household income. It’s far more than most people make, but not at all unusual in a city like New York. It’s about a mid-level salary at a top-tier firm. If that’s your income, you’re much better off in the States. If you’re a Billionaire—it doesn’t really matter.
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