News Your Country Turns To Shit, But You Have Plenty Of Cash..What Do You Do?

Discussion in 'The Howard Stern Show' started by HS Cult Leader, Mar 31, 2016.

  1. HS Cult Leader

    HS Cult Leader Elite Member Gold

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    France: Exodus of 10,000 millionaires amid rising Muslim tensions
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    Religious tensions post Paris attacks are on the rise in France leading to millionaire exodus. (Representative image)Reuters
    Rising tensions in France, especially in Paris following a series of Islamist terrorist attacks in 2015, have spurred an exodus of its super-wealthy citizens, a new report on migration trends of millionaires and high-net worth individuals across the world reveals. The report warns that other European countries, including the UK, Belgium, Germany and Sweden "where religious tensions are starting to emerge", will also see similar trends.

    Regarding a Brexit, the report suggests millionaires would want to stay in Britain even if it leaves the single currency bloc.

    The report was compiled by New World Wealth, an agency that gives information on the global wealth sector. The report was based on data collected from investor visa programme statistics of each country; annual interviews with around 800 global high net worth individuals and with intermediaries like migration experts, second citizenship platforms, wealth managers and property agents; data from property registers and property sales statistics in each country; and by tracking millionaire movements in the media.

    Millionaire outflow

    According to the report, Millionaire migration in 2015, France topped the list of countries with maximum millionaire outflows as it lost 10,000 millionaires, or 3% of its millionaire population. Among the cities that saw maximum millionaire outflow, Paris, was at the top – losing about 6% of its millionaire population or 7,000 millionaires in 2015 to the UK, the US, Canada, Australia and Israel.

    "The large outflow of millionaires from France is notable – France is being heavily impacted by rising religious tensions between Christians and Muslims, especially in urban areas. We expect that millionaire migration away from France will accelerate over the next decade as these tensions escalate," the report warns.

    After France, the list of countries ranked by millionaire outflows includes China ranked second, followed by Italy, India, Greece, the Russian Federation, Spain and Brazil in descending order.

    Millionaire inflow

    As for inflows, Australia was the favourite destination with maximum inflows in 2015 – a total of 8,000 new millionaires. The US was ranked second with 7,000 inflows, followed by Canada, Israel, the UAE and New Zealand.
    Australian cities Sydney, Melbourne and Perth saw a significant millionaire inflow in 2015 from China, Europe, the UK, the US and South Africa, with Sydney topping the chart with 4,000 new millionaires or 4% added to its existing millionaire population, according to the report. Melbourne and Perth had 3,000 and 1,000 new millionaires in 2015, respectively. Tel Aviv, Dubai, San Francisco, Vancouver and Seattle also featured among the top eight cities with millionaire inflows.

    Brexit impact on millionaire migration

    The New Wealth World survey found that the UK leaving the EU will not lead to an outflow of millionaires. Rather, they will remain in the country because a Brexit would likely result in re-introduction of two-year working visas for citizens from Canada, Australia and New Zealand, and inclusion of the US in the list; stronger alliances with countries like Australia, the US, Canada and New Zealand, India and China; and weaker alliances with EU countries, Turkey and the Middle East.

    The report highlights a trend that saw many UK-born wealthy people relocating their bases to other English-speaking nations like Australia, US, Canada and New Zealand. "This may be a trend that continues in future as several wealthy UK-born people that we spoke to said they were concerned about the way London and the UK in general had changed over the past decade or so. Australia seems to be their preferred destination," the report says. In 2015, London saw an inflow of 3,000, but an outflow of 2,500 millionaires, who moved to small towns in other parts of England or other English speaking countries.
     
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  2. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    I do what rich people here do

    live in a gated community with armed security guards
     
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  3. WillyBest

    WillyBest Achiever Gold

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    Invest in vCash.
     
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  4. WillyBest

    WillyBest Achiever Gold

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    Or bitcoin. @eliasbboy
     
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  5. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    hire ninjas and navy seals and when shit gets real bad go on a mad tear of college campuses
    for the purpose of raping anyone who crosses my path

    I'm assuming hiring ninjas will be harder than hiring navy seals
    they seem like they'll be harder to find
     
  6. Brian Pozworth

    Brian Pozworth Active Member

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    move to the suburbs and buy a gun.
     
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  7. SuperFarts

    SuperFarts Well-Known Member

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    In many countries, "capital controls" will prevent you from leaving with your assets.

    But this has actually been taking place for some years now.

    From 2012:

    The Mass Migration of the Super-Rich.

     
  8. eliasbboy

    eliasbboy Insert Witty Title Here Staff Member

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    I'm practically an bitcoin guru.
     
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  9. Mojopin

    Mojopin Resplendent in his frock VIP

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    Leave
     
  10. Walygatr

    Walygatr Well-Known Member

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    Am I French in this scenario?
     
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  11. Stew Nod

    Stew Nod Hello VIP

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    I'd move to the south of France in a heartbeat if it were workable
     
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  12. SuperFarts

    SuperFarts Well-Known Member

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    Where did you end up buying it from?
     
  13. ScottBaiosPenis

    ScottBaiosPenis Well-Known Member

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    if you left France to Israel because of increased terrorism you're doing it wrong.
     
  14. Beer Can

    Beer Can Well-Known Member

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    Move to Costa Rica.
     
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  15. Mugsy

    Mugsy Well-Known Member

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    I think so, unfortunately.
     
  16. Walygatr

    Walygatr Well-Known Member

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    Then I'm out.
    [​IMG]
     
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  17. Tickle Shits

    Tickle Shits Special Needs Typist. Gold

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    Gold bars and ammo :dontknow:
     
  18. eliasbboy

    eliasbboy Insert Witty Title Here Staff Member

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    It is an incredibly long story, but would you believe a guy in Washington actually transferred a bitcoin to my account even though the payment method he requires cannot be performed for 7-10 days?

    I used a site that sellers go on to post there prices and transaction methods. Most take gift cards, photos of cash (?), photos of receipts for cash sent from Western Union, etc. etc.

    This particular guy had coins for sale and required a certain prepaid giftcard and account. We talked back and forth, he explained the process and everything I'd need to do. He was incredibly helpful.

    After following all of his instructions perfectly, going to a bank for cash, purchasing this gift card thingy, setting up an online account for the card, we found out the website now requires a 7-10 day waiting period for online money transfers. :suicide:

    By this time, he was so invested in the drama of my story he wanted to see it thru, and if the hackers would deliver on the decryption. He spotted me the bitcoin!
     
  19. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    What countries have tighter borders than we do?
     
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  20. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! Gold

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    Why so hot to own one bitcoin?