Millionaires find "paradise" italy: This article explores the topic in depth.
Moreover,
Millionaires find "paradise" italy:
Beyond 142,000 millionaires they are ready to change their country in 2025marking an unprecedented record. Therefore, Among the favorite destinations there is also theItaliawhich is positioned in third place with 3,600 new arrivalsafter the United Arab Emirates (9.800) they United States (7.500), and before the Swiss (3.000).
The data comes from an analysis of the consultancy firm Henley & Partners and published by Corriere della Sera. In addition, The phenomenon, in strong acceleration in the last ten years, is also driven by global geopolitical tensions. Nevertheless, According to the study, the number of migrant Scrooge is more than doubled in the last decade.
Italy third favorite destination by global millionaires – Millionaires find "paradise" italy
Unlike the headquarters of their activities. the transfer of residence between the rich is a more contained phenomenon: only 1-2% of the millionaires choose every year to change the country. However, the absolute number is growing, with an millionaires find “paradise” italy increasing concentration in the richest countries.
Many states are introducing subsidized tax regimes To attract these elite taxpayers. In Italy. for example, since 2017 the “CR7 standard”a regime that allows those who transfer the residence to the peninsula to pay for 15 years one flat tax on foreign incomeequal to 100,000 euros (starting from 2025, the threshold will double a 200.000 euro).
Ranking of the richest countries in the world: this is where Italy is positioned
According to Henley & Partners. this flat tax has increased the tax attractiveness of Italy, which It is more convenient even of the Principality of Monacowhere taxes are null. A convenience that, added to the quality of life, has pushed more and more super-Ricchi to millionaires find “paradise” italy choose our country.
21 billion dollars assets are coming
Among the Scrooge who have already chosen Italy there are illustrious names. such as the Egyptian magnate Nassef Sawiris and the vice -president of Goldman Sachs, Richard Gnodde. The new arrivals will bring with them an estimated heritage in 21 billion dollars.
Such a mass of capital also raises a large debate. The supporters of the Flat Tax see an opportunity in the arrival of the millionaires to stimulate the local economy through consumption. investments. Critics. on the other hand, report how these people rarely create new companies or jobs in Italy, and that their presence can help inflate the prices of goods, properties and services.
Tax competition between states is increasingly on
Many other countries are trying to attract global millionaires with similar programs. In Europe. for example, the Montenegro has introduced a program of residence on investment and saw its millionaires grow 124% in millionaires find “paradise” italy ten yearslargely thanks to the arrival of Russian tycoons after the war in Ukraine.
The Arab Emirates they continue to attract Scrooge thanks to the zero tax and an extremely dynamic capital market. The United Stateson the other hand. they show conflicting signals: they remain one of the most popular destinations, but they are also the main source of millionaires, responsible for the 30% of transfer requests In 2025, triple compared to 2024.
To stem this bleeding. the former president Donald Trump has proposed a new one Gold Carda visa of residence granted in exchange for a minimum investment of 5 million dollarswith exemption from taxes on foreign income.
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