Over 90% of centi-millionaires own more than one home, and approximately 65% own second homes outside their home country," said Thomas Scott, Group Head of Real Estate and Group Head of the Caribbean at Henley & Partners.
Malta, currently home to 45 centi-millionaires, has long been a favorite among wealthy investors looking for a reliable, high-quality real estate market combined with a strategic geographic location.
More millionaires are on the move than ever before, and as one set of countries competes to load their spending needs onto them, another set lays out the welcome mat, recognizing that a wealthy resident is likely to generate more in sales taxes than many taxpayers do in income taxes."As global economies shift and ultra-high-net-worth individuals seek diversification in both their assets and lifestyle options, investment migration has gained traction as a popular strategy.
The story "Top 5 global destinations for super rich seeking citizenship via property" has 1370 words across 48 sentences, which will take approximately 6 - 12 minutes for the average person to read.
Which news outlet covered this story?
The story "Top 5 global destinations for super rich seeking citizenship via property" was covered 6 days ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 140 news stories per day.
It's most recent story was published 3 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
