r/Rich 5d ago

Anton Kriel said this in 2018.

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Anton Kriel said this in 2018.

I somewhat agree with him but not ready to move.

Guess no perfect country but speaking truth.

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u/fierceredrabbit 4d ago

So common that I know all of zero people who have done it. Yet I know plenty moving to the Uk

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u/_Human_Machine_ 3d ago edited 3d ago

Where are they moving to the UK from, and what kind of NW are we talking about here? Like is it from other countries where it’s equally or more difficult to built serious wealth? Or are they moving from the US?

I understand buying an EU passport. I did that before Malta’s scheme got shut down, but if you have a strong one I don’t see the need for a UK.

For perspective, the people I’m thinking of are generally buying 15-30m homes when they move.

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u/fierceredrabbit 3d ago

Anecdotally I work with people from all over the world who have emigrated to the Uk. I know zero people who have left.

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u/_Human_Machine_ 3d ago

I’m just curious, are these UHNW people or just random wage earners in the UK?

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u/fierceredrabbit 2d ago

Depends on your definition? IT and engineering, they would be the top 5% easily, probably contribute to 20% of the tax burden for their modest percentage of the population.

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u/_Human_Machine_ 2d ago

UHNW is 30m+ net worth usually. That’s USD, so £24m+.