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IPFS News Link • Emmigration

HOT NEW TREND: Rich People Are Shopping Around For Foreign Passports

• businessinsider.com

She, along with other members of the world's super rich, like LVMH head Bernard Arnault (the richest man in France), have started shopping around for second citizenships. 
 
It's a hot new trend called "jurisdiction shopping," according to a survey by UBS and Wealth-X published last month.
 
Turner herself settled on Zurich, Switzerland. No surprise there, Switzerland, along with Singapore and Hong Kong are super popular second citizenship spots for super wealthy people looking for "friendlier" tax treatment. 


 

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