Which Country Punishes Productive People the Most?

JackRab said:
On @Sig's defence, "cutted my ties" is also pretty poorly written... and it's life, not live...

But you're forgiven for being a non-English native @Mtrader
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It sometimes makes me very angry that people discuss on futile things. To me it looks like trying to offend people and make them look like stupid.
Not all people on ET have English as their native language. I speak four languages: Dutch, French, English and German. The first three fluently (writing is sometimes more difficult). How many languages speaks the average American? One?
Sig can post in Dutch and I will answer in English, we will see who makes the most mistakes.
 
About Australia, I checked a couple of days ago some links to their immigration website and all investors visas I found appeared closed to new applicants. It appeared only holders of short term investor visa could further apply to longer term residence permits but the initial short term visas are no longer open.
I suspect i'm missing something, anyone here knows what is current the deal for prospective wealthy immigrants to Australia ? What are the conditions and the tax perks they can get in return ?
 
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Banjo said:
Millionaire Migrants: Countries That Rich People Are Flocking To
http://www.visualcapitalist.com/millionaire-migrants-countries-rich-people-flocking/
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This link contains information that can be used to show how socialism works. Let's take France:

Socialist President Hollande introduced a millionaires tax in 2012 which was silently abolished about 2 years later. What do we see as final result:
  • in 2015 and 2016 22,000 millionaires left France, and numbers are still rising although the tax was abolished in 2014.
  • if each millionaire was paying a lousy 500,000 taxes a year, before the millionaires tax was introduced, it would generated 11 billions every year for France.
  • thanks to the socialist action France misses now every year 11 billion and amount is still rising as more and more people run away. The socialist voters will not be so happy as they depend on these millionaires to receive their monthly wellfare check. (so real socialists like in fact millionaires???)
Mission accomplished for the socialists:
millionaires left France so the differences in income between the different working classes diminished. France lost 11 billion a year also for the years to come, but socialism comes at a price, like all good things! LOL.

Socialism ends when they run out of other people's money. And that moment is approaching with a speed of over 11 billion a year and is still speeding up.
 
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luisHK said:
About Australia, I checked a couple of days ago some links to their immigration website and all investors visas I found appeared closed to new applicants. It appeared only holders of short term investor visa could further apply to longer term residence permits but the initial short term visas are no longer open.
I suspect i'm missing something, anyone here knows what is current the deal for prospective wealthy immigrants to Australia ? What are the conditions and the tax perks they can get in return ?
More...

https://www.border.gov.au/Trav/Visa...visa+type+I+want+is:Innovation+and+investment
 
Re Australia, that number is very much skewed... I reckon 60%+ is Chinese...
Australia isn't that 'millionaires-friendly'... but the housing market has skyrocketed and for the wealthy Chinese (we all know they like a bit of a gamble) that's a big pulling card. As well as education and Oz is still in the APAC region.

I assume the French all went to Canada...
 
JackRab said:
Re Australia, that number is very much skewed... I reckon 60%+ is Chinese...
Australia isn't that 'millionaires-friendly'... but the housing market has skyrocketed and for the wealthy Chinese (we all know they like a bit of a gamble) that's a big pulling card. As well as education and Oz is still in the APAC region.

I assume the French all went to Canada...
More...

I'm on my way with a manufactured home that I can ship from the states for 10K.
https://www.realestate.com.au/sold/property-residential+land-vic-glomar+beach-201596626
 
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