The Latest Breaking News from David Lesperance

EXCLUSIVE: Chamath Palihapitiya Says He'll Pay and Jensen Huang Says Stay as California's Billionaire Tax Looms— But a Tax Adviser to the Ultra-Wealthy Is Telling Clients Something Very Different

Seven extremely wealthy Californians have already left the state ahead of a proposed 5% billionaire wealth tax that will appear on the November ballot, with four leaving before the Jan. 1 residency deadline and three departing afterward, according to an international tax adviser who said more clients are considering an…

Benzinga · Jul 27

The global rich like Peter Thiel are eyeing the exit door. Argentina wants to be a ‘serious contender’ in the migration game

An incoming citizenship-by-investment scheme could turn Argentina into the next backup plan for the ultra-wealthy hedging against risks at home

Fortune · Jul 16

Why are so many Americans applying for second passports?

Political and economic uncertainty as well as fear of Trump orders are driving Americans to seek other citizenships.

Al Jazeera · Mar 31, 2025

Britain's Millionaire Exodus: Labour's Tax Plans Are Pushing The Rich Out To Greece, Italy And Ireland

UK millionaires are expediting plans to leave the country as fears grow that Labour may announce capital gains tax hikes and an "exit levy" for those leaving.

International Business Times UK · Oct 17, 2024

China’s billionaires looking to move their cash, and themselves, out

Crackdowns on financiers, roiling political climate and slowing economy under Xi Jinping has many seeking exit plans

The Guardian - UK · Oct 30, 2023

China’s wealthy activate escape plans as Xi Jinping extends rule

Rich citizens fearing high taxes and personal safety move capital out of country and arrange residences overseas

Financial Times · Oct 25, 2022