December 9, 2024

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

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

Image caption: Ferragudo, Portugal. Image credit: Gonzalo Azumendi | Stone | Getty Images. Article by Robert Frank. CNBC – November 1, 2024.

Key Points

  • Attorneys and advisors to family offices and high-net-worth families said they’re seeing strong demand from clients looking for second passports or long-term residencies abroad.
  • The American rich have been increasingly interested in leaving the U.S. since Covid-19, and wealth advisors said this time many of their wealthy clients are taking action. […]

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