Millionaires on the Move
With all the debate over immigration in the United States and Europe, one group of immigrants is getting a red-carpet welcome around the world: MILLIONAIRES.
According to market research firm New World Wealth, the number of millionaires moving to another country jumped 28 percent in 2016 from the previous year. Millionaire migration has grown 60 percent since 2013, the firm’s findings show, and there are no signs that it is slowing.
Rather than fleeing economic ruin or conflict, millionaire migrants are shopping the world for the best schools, financial safety and lifestyle. Technology, coupled with the rise of global markets and global investors, has given rise to multinational millionaires who increasingly have no nation.
Last year, a record 82,000 millionaires moved to another country, according to a new study. So where did they move to?
- Australia, 11,000 millionaires
- United States, 10,000 millionaires
- Canada, 8,000 millionaires
- United Arab Emirates
- New Zealand
So why should these millionaires come to Arizona? Our market is HOT, housing is affordable and our schools are top notch! Interested in moving to Phoenix, Scottsdale or the East Valley area? If you would like to see homes as they come on the market, please contact Tom Smith so he can send you properties that will fit your needs.
Tom Smith is a full-time real estate professional at RE/MAX Infinity and has helped people buy and sell homes in Chandler and the Phoenix area for more than 16 years.
TOM SMITH | Common Name, Uncommon Results | RE/MAX Infinity | Call or Text 480-818-1384 | Email tom@TomSellsAZ.com | Search TomSellsAZ.com | Follow on Facebook, Twitter, Instagram
For the full article written by Robert Frank on Feb 25, 2017 for the New York Times, click on https://www.nytimes.com/2017/02/25/your-money/wealth-immigration-millionaires-australia-canada.html?smid=pl-share