More Than Half of Entrepreneurs Are Considering Moving to a New Country (cnbc.com)
- Reference: 0179748174
- News link: https://slashdot.org/story/25/10/10/2132252/more-than-half-of-entrepreneurs-are-considering-moving-to-a-new-country
- Source link: https://www.cnbc.com/2025/10/10/entrepreneurs-moving-motivations-hsbc-survey.html
> The bank polled 2,939 business owners with at least $2 million in investible assets or a total net worth of $20 million during April and May of this year. A whopping 57% reported they were considering adding a new residence over the next 12 months, up from 55% in last year's survey. Wanderlust is greater among Gen Z entrepreneurs, with just over three-quarters in that cohort reporting they were considering a move.
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> When asked about their reasons for moving to a new country, only a third of all respondents cited tax efficiency as a motivator. Tax savings ranked eighth overall behind other factors such as improved security and safety (47%) and better education opportunities (52%). Respondents to the survey could select multiple options. The most popular motives at 67% each were to expand their business to new markets or to gain access to new investment opportunities. The desire for a better quality of life came in a close third at 63%. Taxes, the report said, "create acres of news coverage, but among the majority of our entrepreneurs, this does not appear to be the deciding factor about where to live."
[1] https://www.ipsos.com/en-uk/entrepreneurs-are-seizing-global-opportunities
[2] https://www.cnbc.com/2025/10/10/entrepreneurs-moving-motivations-hsbc-survey.html
What a load of bullshit. Complete BeauHD tripe. (Score:1)
Liars. The more germane and accurate data paints a far more robust picture of America as a giant fucking magnet for global talent and capital , despite your lame communist fantasies. In the 2023-2024 period alone, net international migration added a staggering 2.8 million people to the U.S. population; accounting for 84% of the country's total growth of 3.3 million and driving the fastest annual population increase (+1.0%) since 2001. This influx has pushed the foreign-born population to a record 53.3 milli
WHO FUCKING CARES (Score:2)
User-reported data is unreliable, and we are better off without these dramatic hipsters.
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50% of Entrepreneurs will say that they are "considering" anything.
Of course, taxes aren't a reason (Score:2)
Why isn't more favorable tax treatment a reason for moving? Because these people have so much money that they can hire lawyers and accountants to give them favorable tax treatment without moving abroad.
Moving abroad for investment opportunities seems suspect. Seems like it's not hard to invest in foreign countries without moving one's residence. Same with better educational opportunities. People who are already rich don't worry about their resumes like ordinary people, and if they want to learn, they kn
Most people have "Considered" something or other (Score:1)
Most people in most countries have "Considered" moving abroad.
Many have "considered" dating Sydney Sweeny or Scar Jo or Taylor Swift too
Millionaires are leaving the UK in droves (Score:2)
[1]https://www.visualcapitalist.c... [visualcapitalist.com]
The Top Countries by Millionaire Wealth Inflows
Rank Top Inflows Estimated Wealth of Migrating Millionaires
1 UAE $63.0B
2 U.S. $43.7B
3 Italy $20.7B
4 Saudi Arabia $18.4B
5 Switzerland $16.8B
6 Monaco $11.0B
7 Singapore $8.9B
8 Portugal $8.1B
9 Greece $7.7B
10 Canada $5.7B
11 Australia $5.6B
In comparison, here are the countries set to lose the most millionaire wealth overall:
Rank Top Outflows Estim
[1] https://www.visualcapitalist.com/millionaire-wealth-flows-in-2025/
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I wish we saw the in and out and not just net.
But it's a good antidote to the doom talk we always hear about everyone wanting to leave the US.
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> I wish we saw the in and out and not just net.
wish granted, source from tfa: [1]https://www.henleyglobal.com/p... [henleyglobal.com]
note that there's not even a mention of method or real data source, and the reference is circular: "henley&partners" cites "new world whealth" and "new world whealth" cites "henley&partners". it's just comical, and likely all just made up.
[1] https://www.henleyglobal.com/publications/henley-private-wealth-migration-report-2025/country-wealth-flows
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Thanks for taking the time to do the research. The slop is strong on slashdot today. I expect we'll read how Trump has won the Nobel Peace Prize next, and Melania couldn't be any happier!
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Make sure that they, and their families citizenship is revoked, and tell them not to let the door hit them in the ass on the way out.
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> Make sure that they, and their families citizenship is revoked
Two things:
1. To have your citizenship revoked, you have to commit treason, obtain citizenship fraudulently, or commit some disqualifying crime within a certain period of obtaining conditional citizenship. Simply leaving the country doesn't qualify.
2. Back at least as far as biblical times, humanity has recognized the injustice of suffering the sins of the father on the son. So no, you can't revoke citizenships of families because of the acts of a single member.
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Won’t someone think of the poor millionaires!
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As a Brit, I was surprised to see the UK as a destination of choice.
The current Labour government here often seems to be criticised for being ideological and not pragmatic. In particular, they seem to prefer policies that tax "the rich" and businesses in one way or another, yet not large, relatively wealthy groups like pensioners or the homeowners who have lucked out and now live in a million-plus property that most younger people will never be able to afford.
There's also quite a lot of red tape for busines
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A legitimate Millionaire, or Billionaire, should value the Rule of Law and stability over everything else, because, if they find themselves in a place like Russia, they will not only lose all of their money for little to no reason, but they may end up just flying out a hotel window.
No, the UK is losing wealth (Score:2)
Pretty sure the UK is top of the list for countries slated to lose millionaire wealth, not gain it. Turns out those things you list are in fact effecting things negatively in regards to this.