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I'd have to go with London. Both cities are excellent for the super-wealthy, but I think London out edges New York because of it's location. Not only is London one of the worlds greatest cities along a never ending list of metrics, but it's also close to Paris, Spain, Italy, Greece, Monaco, Turkey, Dubai, Moscow..etc..etc..
London just isn't that "cool" to me for a huge variety of reasons. I'm sure deep down most people know what they are.. Plus the U.K. is just way too insignificant to even consider living in in the first place. And now that they've left the E.U.? Wow what a mistake that was.
And as if by magic Irene appears with her usual almost scripted sentiments.
Personally I would prefer cities like Seattle, Santa Barbara and Barcelona. Not the biggest but still big.
Most billionaires have business to take care of, it's not like they received a billion through lottery and just live where they want to retire.
Billionaires usually have multiple properties, and have houses in numerous cities, as well as beach resorts etc.
The Chinese Billionaires, have joined other foreign born billionaires such as those from the Middle East and Russia in buying expensive property in London.
The UK currently has 171 Billionaires, with the vast majority having property in London or the Home Counties area that surrounds London.
"Despite year of economic turmoil, 24 people became billionaires in UK during pandemic, taking total to 171". - The Guardian
The richest country in the world is Switzerland with a population of around 9 million, and which is home to over 40 billionaires and 800,000 millionaires.
Switzerland is a financial hub, and is not part of the EU.
And as if by magic Irene appears with her usual almost scripted sentiments.
Damn this Irene lady really did a number on you guys huh?
Just Google "popka city data -apopka" to see all my posts on this forum. It's really sad that you would actually have to do that but I want you cool Londoners to be able to sleep at night without having any more nightmares about Irene. Sweet Dreams
Damn this Irene lady really did a number on you guys huh?
Just Google "popka city data -apopka" to see all my posts on this forum. It's really sad that you would actually have to do that but I want you cool Londoners to be able to sleep at night without having any more nightmares about Irene. Sweet Dreams
I love London...but I gotta agree with you there. You've got a few people here triggered AF...
Billionaires usually have multiple properties, and have houses in numerous cities, as well as beach resorts etc.
The Chinese Billionaires, have joined other foreign born billionaires such as those from the Middle East and Russia in buying expensive property in London.
The UK currently has 171 Billionaires, with the vast majority having property in London or the Home Counties area that surrounds London.
"Despite year of economic turmoil, 24 people became billionaires in UK during pandemic, taking total to 171". - The Guardian
The richest country in the world is Switzerland with a population of around 9 million, and which is home to over 40 billionaires and 800,000 millionaires.
Switzerland is a financial hub, and is not part of the EU.
Billionaires definitely have many, many properties around the world. But simply because foreign billionaires have residence in London doesn't mean their primary residence is London.
Billionaires definitely have many, many properties around the world. But simply because foreign billionaires have residence in London doesn't mean their primary residence is London.
Billionaires usually cite somewhere with tax advantages as their main property, as they do not have to pay much tax, and they usually register companies and individual finances somewhere else whilst living in London for most of the time.
They can therefore live in London, without paying most of the taxes.
For individuals resident but not domiciled in the United Kingdom (a "non-dom"), foreign income and gains have historically been taxed on the remittance basis, that is to say, only income and gains remitted to the United Kingdom are taxed (for such people the United Kingdom is sometimes called a tax haven).
Foreign nationals don't need to pay full taxes despite living in London for the majority of the time, and UK nationals can also use non-dom tax laws to evade taxes, despite spending the vast majority of their time living in London.
Last edited by Brave New World; 07-24-2021 at 02:57 AM..
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