Скачать или смотреть [ Offshore Tax ] Should we all Flock to Low Tax Jurisdictions?

[ Offshore Tax ] Should we all Flock to Low Tax Jurisdictions?

The top 10 countries, projected to host the highest number of millionaires and billionaires in 2023, are distributed across the globe. Australia has reclaimed its top spot this year from the UAE. Only two Asian countries have made it to the top 10, with the rest being spread across Europe, North America, and Oceania.

Despite facing historic economic challenges, Greece is expected to welcome 1,200 High Net Worth Individuals this year. One possible reason could be the country’s golden visa program. This program allows wealthy individuals to easily obtain residence and, eventually, EU passports for the right price. Currently, a minimum real estate investment of 250,000 euros is all that’s required.

Many of the leading destinations for millionaires are attractive due to their higher levels of economic freedom. This allows for more relaxed tax burdens or ease of investment. Singapore, which is expecting to gain 3,200 millionaires, is the most economically free market in the world.

The Countries Losing the Most Millionaires

China is expected to lose 13,500 High Net Worth Individuals this year, which is more than double the number anticipated for the second-place country, India (6,500).

TIMESTAMPS:
0:00 INTRO
0:30 Competitive tax regime in Asia
1:30 Bali one of the attractive jurisdiction
3:00 outro


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