Tag: High-Net-Worth Individuals
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China’s Millionaire Exodus: Navigating New Roadblocks in Offshore Investment
China is on the brink of witnessing the largest net exit of millionaires in its history, with over 15,000 High-Net-Worth Individuals (HNWIs) expected to leave the country in 2024. This significant outflow of wealth is indicative of a broader trend among China’s affluent class: the pursuit of financial security and growth opportunities beyond the country’s…
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The Global Exodus of High-Net-Worth Individuals: A Shift Toward Low-Tax Jurisdictions
As the global economic landscape continues to evolve, wealthy individuals are increasingly prioritizing their financial well-being by relocating to countries that offer favorable tax environments. The movement of High-Net-Worth Individuals (HNWIs) from high-tax regions to low-tax jurisdictions is becoming a prominent trend, driven by the desire to protect and grow their wealth amidst rising tax…