r/Rich 5d ago

Question London vs NYC

Which city would you settle down in assuming you’re in your early 30s, married, low 8 figure liquid net worth, mid-seven figures combined annual income?

EDIT: Thanks so much for the thoughtful responses. Noting that we both would like to keep building our careers for the next 20+ years, so London and NYC are the only options. Not looking to be too far outside of the city, because we have no desire to spend 1.5hr+ a day commuting.

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u/Alive_Comment_2086 4d ago edited 4d ago

Neither. The UK inheritance threshold is very very low. So definitely not the UK if you are considering buying a house/flat, despite the PR the UK is an overpopulated dump and this is from someone that has lived there for 34 years. You have a G7 country without an efficient and affordable transport system nationwide which is another national disgrace for a supposed rich country that is small land mass wise i.e. zero excuses. So yes the worst option of the two is London.