The US and UK Remain Preferred Destinations for Mobile Entrepreneurs, but Singapore and Hong Kong Are Growing in Popularity in the Business World
Currently entrepreneurs constitute 46.3 percent of HNWIs who have obtained second citizenship, with the US and UK being the preferred destinations for all mobile entrepreneurs for all wealth bands. However, billionaire entrepreneurs demonstrated a higher preference for Switzerland, which is an attractive retirement location for billionaires due to its relaxed tax environment and immigration policies.
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