Not a heaven anymore? (wages, illegal, healthcare, statistics)

[elnina]

Only about 1,500 millionaires moved to the US lately, while other countries saw much larger gain.
Australia continues to attract HNWIs, coming in second behind the UAE. According to New World Wealth, approximately 80,000 millionaires have moved to the Land Down Under in the last two decades.
A few things that attract migrants to Australia are the country’s low costs of healthcare, its lack of inheritance tax, and its generally prosperous economy.


CREDIT: https://www.visualcapitalist.com/mig...orldwide-2022/

[antinimby]

The U.S is no longer as attractive as the past because thanks to the Left, we are gradually becoming third world due to massive illegal immigration, higher crime & violence and declining quality of life especially in most of its largest cities all controlled by Democrats.

So more poor, uneducated illegals that are dependent on taxpayer money are entering while there are less wealthy, well educated individuals are coming. Thanks Democrats.

[Kristinas_Cap]

not sure what this means? to accumulate a million dollars on paper isn’t that big of a deal. are these people supposed to be noble or something? are they bringing anything of value such as jobs or innovation? again, not sure what the article is insinuating. when asking the question why are so many people moving to australia but giving no other context or statistics doesn’t really prove or disprove anything. when looking at the link you can see a significant amount of people fleeing Russia and Ukraine which really isn’t surprising if you have the means to leave people will usually vote with their feet. interesting to note that the Henley Global Citizen firm has a passport with Australia on their About Us page and has absolutely no presence in the United States

[elnina]

Originally Posted by Kristinas_Cap

not sure what this means? to accumulate a million dollars on paper isn’t that big of a deal. are these people supposed to be noble or something? are they bringing anything of value such as jobs or innovation?

I would think that those billionaires after moving there do some business, buy land, build mansions, buy yachts, spend money, keep some of their money in the banks etc .. no?

A report says Australia’s location makes it a better base for doing business in emerging Asian countries such as China, Japan, South Korea, Hong Kong, Singapore and Vietnam.

Apparently, over the past 10 years, total wealth held in Australia has risen by 83% compared to 20% growth in the US. As a result, the average Australian is now significantly wealthier than the average US citizen, which was not the case 10 years ago

https://www.businessinsider.com/high...stralia-2018-1

[BigCityDreamer]

The United States is probably the best country for making money.

Once you’ve already made your money, then of course you can take it elsewhere.

[arr430]

I remember when a million dollars was a lot of money. At today's wages, a WalMart greeter will make a million in a lifetime. And retire with that, if livimg at home with family.

[lieqiang]

I'd have a hard time concluding a country isn't heaven (haven?) anymore because it gained 1,500 high net worth individuals and a few other countries gained more.

There are too many other factors at play, including immigration policies/process.

[Frank DeForrest]

As bad as things are here and even worse in Canada, Australia, NZ, those countries they are fleeing must be real ****holes.

[scarabchuck]

Originally Posted by MrCoffee57

Australia I understand, beautiful weather, nice cities, and space. Canada not so much (terrible weather).

Of course, I think Europe is the best, especially the Mediterranean coast and Portugal. Best mixture of everything.

And dinner plate sized spiders....NFW ! Hard pass, I'd rather deal with winters in Canada.

[rjshae]

The UAE gained 4,000. 'Nuff said.