Why are billionaires going to Miami, Singapore and Dubai only? Why big cities like New York, Moscow, Beijing are not coming to the fore?

IndiaWhy are billionaires going to Miami, Singapore and Dubai only? Why...
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According to the report, billionaires and industrialists are turning towards these three cities to make their lifestyle better. There can be many reasons for this. Weather, Lifestyle and Infrastructure. Due to these three reasons, people are preferring to live in these cities.

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The Corona period taught us a lot. Due to Corona, we came to know that we can easily work from home as well. One can easily do their work by staying anywhere with the help of internet. In such a situation, work from home has become the need of the people. People have now adopted it in their lifestyle. There was a time when billionaires and industrialists used to move towards the big cities of America, China and many other countries to move forward, but now the time has changed. Billionaires and industrialists are now turning to Miami, Singapore and Dubai. They are not liking big cities like New York, Moscow, Beijing.

see this report

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According to the report, billionaires and industrialists are turning towards these three cities to make their lifestyle better. There can be many reasons for this. Weather, Lifestyle and Infrastructure. Due to these three reasons, people are preferring to live in these cities. Apart from beautiful views, these cities have many other facilities, which makes them different from other cities.

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These 3 cities are becoming the new abode of billionaires

According to the report, after Kovid, people came to know that work can be done easily even by living in remote places. Apart from this, people are now not liking stress in life at all. In such a situation, these three cities are fulfilling all the criteria. The crime rate is low here, the facilities are more. The governments here are giving tax exemption to woo the industrialists.

According to the report, the number of billionaires leaving New York in 2022 is 12 percent. The number of billionaires leaving Hong Kong is 14 percent, while the same is the case with Moscow. Here 15 percent of the billionaires have left the city.

There is a huge tax exemption in Singapore, while in Dubai, billionaires are getting golden visas. Ruchir Sharma, founder of Rockefeller International Founder Breakout Capital, has written in an article – Capitalist cities are now meeting each other. I’m told that business class on the Miami-Dubai flight is now full everyday. It is directly related to American entrepreneurs and the oil wealth of the Middle East. There are many other countries including Zimbabwe who want to repeat the success of Dubai.

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