Wealthy Americans Exit U.S

This is a Malta news story, published by CNBC, that relates primarily to Antigua news.

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wealthy foreigners

CNBC

•

US Politics

Record numbers of wealthy Americans are making plans to leave the U.S. after the election

Summary

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81% Informative

Wealth advisors say they're seeing record demand from clients looking for second passports or long-term residencies abroad.

Wealth advisors said this time many of their wealthy clients are already taking action.

Younger millionaires were the most likely to leave, with 64% of millionaires between 18 and 29 said they were "very interested" in seeking so-called golden visas through a residency-by-investment program overseas.

Malta remains the go-to second passport for the American rich.

Antigua and Barbuda is increasingly popular for Americans who simply want a second passport.

The Caribbean is also increasingly popular, attorneys say.

Don't expect to get any citizenship or residencies right away, but the waiting list could grow longer.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity