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Investment Migration - FROM:
Canada

Coat-of-Arms of Canada  
Click above to view country on
CIA World Factbook
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Google Map
 

Why some millionaires choose to leave Canada:

  1. Taxation: High-income individuals, including millionaires, seek jurisdictions with more favorable tax policies. Many feel that the tax burden in Canada is too high, and explore other countries that offer lower taxes or more attractive tax incentives.

  2. Investment opportunities: Millionaires look for favorable investment climates that can provide higher returns and better wealth management options. They perceive that other countries offer better investment opportunities or a more business-friendly environment than Canada, and some choose to relocate for financial reasons.

  3. Lifestyle and quality of life: Millionaires prioritize certain lifestyle factors such as CLIMATE, amenities, cultural offerings, or access to exclusive services. If they feel that another country better aligns with their desired lifestyle or offers a higher quality of life, they might decide to relocate.

It's important to note that not all millionaires are leaving Canada.

Articles:

Review the following, to get some perspective on this subject.
  1. Money drain:
    Canadian families and entrepreneurs
    are fleeing for better climes

    -- Financial Post.
      
  2. FIRST READING:
    Canada is scaring away
    its new immigrants

    -- National Post.
      
  3. Ontario's young adults are leaving
    the province in droves. The soaring
    cost of living is to blame

    -- CBC News.
      
  4. Posthaste:
    Canadians just saw the biggest drop
    in wealth on record — and the pain's not over

    -- Financial Post.
     
  5. Jim Pattison warns wealth tax will
    lead to Canadian capital exodus

    -- BNN Bloomberg.
     
  6. Let’s not drive the wealthy
    out of Canada

    -- The Record.
     
  7. Canada's 'tax the rich' plan leaves
    big debt risk untouched

    -- Reuters.
     
  8. Wealth tax would make Canada’s
    bad situation even worse

    -- Fraser Institute.
     
  9. Leaving Canada and becoming a non-resident
    -- Wealthsimple.
     
  10. Many millionaire migrants are exiting Canada
    but leaving their families behind there, census reveals

    -- SCMP Canada.
     
  11. Best Countries to Move to From Canada
    -- Nomad Capitalist.

Videos:

 
Wealthy Expat:
Shocking reason why Canada's millionaires are leaving!
 
Offshore Citizen:
Canadians Are Leaving Canada in Record Numbers (What's Next for Canada?)
 
Nomad Capitalist:
Canadians are Fleeing with their Wealth
 
 
Financial Post
Video


Posthaste:
Canadians just saw the biggest
drop in wealth
on record
— and the pain's not over
RBC expects $1.6 trillion
to vanish
under the weight of
rising interest rates
and falling home prices
 
 
Financial Post
Video


Jay Goldberg:
Ottawa looking at a wealth tax
to pay for soaring spending
A wealth tax would inflict economic pain
on rich Canadians,
poor Canadians
and everyone in between
 
Wealthy Expat:
Canada is a Terrible Country: How to Move Out
 
New Money Nate:
Why The Rich Will Leave Canada
 
Wealth Pursuit - Michael:
Top 8 reasons you shouldn't move to Canada
Top 8 reasons why people are leaving Canada
 
Grayson Arabia:
Why I'm Leaving Canada l 5 Reasons to Leave Canada in 2023
 
Make That Change:
Canadians are Fleeing with their Wealth
 
Make That Change:
Why people leave Canada
 

 

 

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