Current Trend in Europe
Anyone who is financially stable enough can break away from the “Failed States” of Europe to search for a place of refuge, for themselves and their family. The rich are now leaving the failing state of Germany in large numbers.
Increase in Crime
A failing internal security and apprehension due to the steadily expanding Islamization in the nation, these are just a few reasons why there are large numbers of rich individuals leaving Europe. As more financially stable individuals are following the trend, the left-turning star notices and adopts the heedless heading: “Millionaires go: the mink left the sinking ship”.
“While some of them want to cross the Mediterranean on inflatable boats, the flight of the rich is less spectacular” Gruner Jahr stated, alluding to the flow of current consequences of the Global Wealth Review (GWR) 2017. The report being referred to plainly shows that the “migratory movements of millionaires” are expanding everywhere throughout the world and that they are more than the standard migrations for retirement: “The rich are on the run,” the Stern finishes it up.
Western Europe was no longer a comfortable home for the rich, as the star pointed out, referring to the results from the GWR report as “the politically difficult mistake” and clearly shows the “refugee camps’ of the “nerd bearers”. In 2016, three of the four cities with the largest mass movement of millionaires are in the Paris, Athens, and Rome.
The anticipated social tension resulting from the mass migrations from Muslim countries have driven a lot of people to leave the old homes. In addition, trust in the legal system is progressively vanishing as well as the steady decline of the school qualifications.
Andrew Amoils, leader of the GWR, depicts this staggering scale of brain drain as a sort of” early warning system of society” as the wealthy individuals do not find it as difficult to simply emigrate than others, on account of the adequate resources, worldwide connections, good educational background, financial support in nations like Australia and Canada largely result in legal immigration status.
In any case, the organizations left behind in the “refugee nation” are also not content with the current circumstances as one would need to begin from an expanded longing to emigrate far into the middle layer, in accordance to the report.
Brexit, British millionaires have no reason to flee the nation
The true explanation behind the flight of the European millionaires is clearly tension from the recent Muslim mass migration, but a different case rises in Great Britain after the events of Brexit, the possibility of Britain controlling its borders is taken positively by most of the respondents and also the positive review by the New World Wealth Institute, calling it motivation to stay in the nation.