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Title: France: Exodus of 10,000 millionaires amid rising Muslim tensions
Source:
International Business Times
URL Source: http://www.ibtimes.co.uk/france-see ... eligious-tensions-rise-1552423
Published: Mar 31, 2016
Author: Ananya Roy
Post Date: 2016-03-31 11:20:02 by cranky
Keywords: None
Views: 1264
Comments: 5
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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#1. To: cranky, vicomte13, paraclete, All (#0)
Ouch, that will leave a mark. But not to the bastion of openness Norway? The country that is always voted #1? The country consisting almost entirely of first cousins? The country that OPEC saved and provided an economic free ride? I am a bit surprised about Australia being on the list as it is one of the most racist countries on the planet. потому что Бог хочет это тот путь
They're not doing me any favors if they come here. Rich or not, stay the hell out. There are three kinds of people in the world: those that can add and those that can't
Interesting you should think so, but you are misinformed, it is the most multicultural nation on Earth. I don't know anyone who is racist but I do know people who don't like specific classes or groups of people because of their actions. It is not racist to protect your national borders and national integrity or to police foriegn investment. It has being our experience that the troublemakers are recent migrants and disaffected indigenous groups, not everyone fits in our open society but millionaires would find it easier to assimulate in a place which doesn't need a heavy handed police force to maintain order, where the shooting down of people in the streets isn't a daily occurence and where having a million dollars in assets doesn't make you better than the next bloke. The problem is that Australia is so remote that it is the equivalent of Mars in the thinking of some and it has a different ethos which would be hard to explain to an american. We are currently having a debate on whether british settlement constituted an invasion. I couldn't imagine the same debate taking place in america where the native population are suppressed
Gee, I guess all the Aborigines left the country. My bad. LMOA. Racism in Aboriginal Australia. "Scratch an Australian to find a racist. It’s easy to use racist terms without meaning to. Racism exists at all levels of Australian society but Australians are in denial. Keep the dream alive, mate. потому что Бог хочет это тот путь
No they did not leave, nor have they been assimulated. Your statistics don't tell the full story Religions Protestant 28.8% (Anglican 17.1%, Uniting Church 5.0%, Presbyterian and Reformed 2.8%, Baptist, 1.6%, Lutheran 1.2%, Pentecostal 1.1%), Catholic 25.3%, Eastern Orthodox 2.6%, other Christian 4.5%, Buddhist 2.5%, Muslim 2.2%, Hindu 1.3%, other 8.4%, unspecified 2.2%, none 22.3% Languages English 76.8%, Mandarin 1.6%, Italian 1.4%, Arabic 1.3%, Greek 1.2%, Cantonese 1.2%, Vietnamese 1.1%, other 10.4%, unspecified 5% (2011 est.) Aboriginals represent more than 1% perhaps 5% but they also identify as white since not all are dark skinned, and they are lost among those of australian origin the 1% may represent those of pure blood The break up of the orgins of the population 6.7 million Australian 6.4 million English 1.9 million Irish 500,000 - 999,999 Italian, German, Chinese, Scottish 150,000 - 499,999 Greek, Dutch, Lebanese, Indian, Vietnamese, Polish 50,000 - 149,999 Maltese, Filipino, New Zealander, Croatian, Serbian, Australian Aboriginal, Welsh, Macedonian, French, Spanish, Maori, Hungarian, Russian, Sinhalese, Turkish, South African 20,000 - 49,999 American, Korean, Danish, Austrian, Portuguese, Ukrainian, Japanese, Indonesian, Samoan, Egyptian, Swedish, Jewish, Swiss, Chilean, Khmer, Thai, Canadian 10,000 - 19,999 Latvian, Iranian, Assyrian/Chaldean, Malay, Finnish, Bosnian, Mauritian, Norwegian, Czech, Fijian, Romanian, Tongan, Armenian, Slovene, Pakistani, Afghan, Anglo-Indian, Lithuanian, Iraqi, Burmese, Albanian, Syrian, Lao 5,000 - 9,999 Torres Strait Islander, Bengali, Papua New Guinean, Cook Islander, Tamil, Estonian, Slovak, Palestinian, Salvadoran, Argentinian, Timorese, Uruguayan, Somali 2,500 - 4,999 Peruvian, Kurdish, Taiwanese, Bulgarian, Sudanese, Brazilian, Colombian, Australian South Sea Islander, Coptic, Ethiopian, Nepalese, Zimbabwean, Jordanian, Hispanic (North American) Less than 2,500 70 other ancestries total 166 ethnic groups all living harmouniously together
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.
#2. To: SOSO (#1)
Ouch, that will leave a mark.
#3. To: SOSO (#1)
(Edited)
I am a bit surprised about Australia being on the list as it is one of the most racist countries on the planet.
#4. To: paraclete (#3)
Interesting you should think so, but you are misinformed, it is the most multicultural nation on Earth.
#5. To: SOSO (#4)
(Edited)
Gee, I guess all the Aborigines left the country.
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