Millionaires leave France, China in record numbers, head down under

This article was published by Newsmax on 1 March 2017 and features commentary from Reaz Jafri. 

A record 82,000 millionaires moved to another country last year, with Australia picking up the wealthiest residents, the New York Times reports.

Australia is now the world’s top destination for millionaires, with 11,000 moving there last year. The U.S. has 10,000 new millionaires while Canada was third on the list with 8,000. The number of millionaires moving to another country jumped 28 percent from previous years, according to a report in New World Health, a market research firm based in South Africa.

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