Patrick Boyle On Finance cover image

Patrick Boyle On Finance

Millionaire Exodus?

Jun 22, 2024
Millionaires leaving UK at record rates, with London hit hard. Top destinations include Paris, Dubai, Amsterdam, Monaco. Factors like tax reasons, residency choices, economic opportunities discussed. Challenges faced by migrants with degrees highlighted. Impact of immigration policies on economy explored.
28:40

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Quick takeaways

  • High millionaire exodus from UK to destinations like Paris and Dubai.
  • Migration of millionaires impacting politics, economy, and tax regulations globally.

Deep dives

Immigration as a Significant Political Issue

Migration has emerged as a critical political topic globally, with a majority of voters considering it a top concern. The impact of immigration was notably felt in Europe and the US political landscapes, influencing voting outcomes such as the Brexit decision and recent executive orders. Joe Biden's stringent immigration actions highlight the political significance of migrants entering the United States.

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