our expectation at this year is 0ur expectation at this year is to see another 13,500 millionaires leave china. are millionaires leave china. are they completely millionaires leave china. are they completely cutting ties titan china? they completely cutting ties titan china? titan china? not at all. as eole titan china? not at all. as people become titan china? not at all. as people become more - titan china? not at all. as - people become more financially independent they do seek what are sometimes called greener pastures returns and there might include a better education for their children access to health and in china possibly case a lot of people do still keep their business there but from a text efficiency perspective of the destinations might be more attractive. destinations might be more attractive- attractive. are they worried about their attractive. are they worried about their truck attractive. are they worried about their truck - attractive. are t
number one in the world of the last few years. under expectation this year is to see another 13,500 millionaires leave china. leave china. are they completely leave china. are they completely cutting i leave china. are they i completely cutting ties leave china. are they - completely cutting ties from china? ., ., . . completely cutting ties from china? ., ., ., ., a china? no, not at all. as peeple china? no, not at all. as people become - china? no, not at all. as people become more - china? no, not at all. as - people become more financially independent they do seek sometimes what are considered greener pastures. reasons for that might include better education for their children, access to healthcare. i think in china s case, as i said, a lot of people do still keep their businesses there, we expect it to sit probably in second place with a500 net inflow of millionaires into the uae and particularly into dubai. . , , dubai. have you seen this migration dubai. have y
investing the money they had originally promised. from new york samira hussain explains. after the ohio town where it is based,it after the ohio town where it is based, it started in 2019 and words heralded by then us president donald trump does company that was bringing back manufacturing. since then it has struggled to make electric shocks, making only a handful. they also blame part of their failures on the taiwanese company foxconn, which says promised to invest more money and to collaborate on vehicle development plans. foxconn, which has already invested more than $50 million, said it was hoping to negotiate a solution to lordstown s financial woes. lordstown is not the only electric truck maker that has been suffering lately, river yealm, but by amazon, has made less cars, trucks, advance that it had expected. it is all a big come down from the electric truck frenzy that had wall street investors just a few years ago. that is samira hussain in new york. in other news t
a tax efficiency perspective, other destinations may be more attractive to call home. the? attractive to call home. they are worried attractive to call home. they are worried about attractive to call home. they are worried about the - attractive to call home. they are worried about the tax - attractive to call home. they are worried about the tax base drinking. are worried about the tax base drinkina. ., , ,., ., ., drinking. from the personaltax base side. drinking. from the personaltax base side, individuals drinking. from the personaltax base side, individuals look - drinking. from the personaltax base side, individuals look to i base side, individuals look to be as efficient as possible in terms of taxation. there are a lot of countries that are quite friendly in that regard, singapore is one of those, and another is the uae, which has attracted a number of millionaires over the years, last year attracting 5200 millionaires and this year we expected to set rob lee in second
we expect it to sit probably in second place with a500 net inflow of millionaires into the uae and particularly into dubai. . , , dubai. have you seen this migration dubai. have you seen this migration in dubai. have you seen this migration in other - dubai. have you seen this l migration in other countries dubai. have you seen this - migration in other countries or is itjust china? is it ust china? no, we said in is itjust china? no, we said in and other is itjust china? no, we said in and other is itjust china? no, we said in and other and - is itjust china? no, we said in and other and a - is itjust china? no, we said in and other and a lot - is itjust china? no, we said in and other and a lot of| in and other and a lot of other countries. in second place this year in our report since india, india is expected to have a net outflow of about 6500 millionaires and quite interestingly in third base expected for 2023 will be the uk, which continues to see a brexit o