The wealthy elite at Dongda is accelerating their escape from the mainland—why do rich people all run abroad?


Some say it’s all for freedom, for the living environment, for the investment environment—absolute nonsense.
China is one of the best investment markets in the world. Just look at how many hundred-millionaires it creates every year.
So why do the rich immigrate overseas?
But more people do it because of anxiety!
Anxiety about a strong domestic political environment affecting asset security and the uncertainty of allocation.
That leads to fear; once that kind of fear takes hold, they feel this unease will only grow day by day, and the environment they’re in will seem increasingly unfriendly.
People are sensitive animals—especially to fear.
Rich people are even more sensitive to fear.
Fear comes from pain points. That’s precisely why rich people can better understand society’s pain points—and that’s how they become rich.
So that’s probably why the poor can’t sleep through and the rich can’t sleep at all!
Back to the data. First, look at the inflow side—UAE and the United States are absolute winners:
1. The UAE, thanks to low taxes, golden visas, and a high-quality lifestyle, is expected to see a net inflow of 9,800 million-dollar-level billionaires, going straight to the top;
2. The U.S. comes next, with 7,500 in inflows, still a magnet for global capital and talent;
3. Traditional financial hubs such as Singapore and Hong Kong, China, also remain attractive, with 1,600 and 800 billionaires flowing in, respectively. Their status as international financial centers remains solid.
Now look at the outflow side—the biggest pressure is most obvious in the UK and China:
1. The UK, due to tax reforms and the closure of investor visas, is expected to see 16,500 billionaires leave—by far the highest outflow in the world;
2. China, due to a high-pressure and uncertain law-enforcement environment. Next is expected outflow of 7,800 billionaires, ranking second globally.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned