Wealth tax speculation could contribute to further emigration of the rich people of South Africa
Dominica's Investment Citizenship Program is one such option. Founded in 1993, for the last four consecutive years the program has been ranked as the world's best second citizenship offer through an independent study. Applicants should either invest in a government fund or buy into selected property options to qualify for citizenship. Citizenship is granted only once a multi-level vetting process has been passed. The benefits include visa free or visa-free travel to more than 140 countries and territories, the right to live, work and study in the nation, and the capacity to give citizenship to future generations. doha property finder The introduction of a wealth tax has become an increasingly popular solution to address this, as many countries try to recover from the pandemic's economic impact. Although some experts concluded that a wealth tax could be a short-term instrument to raise revenue, many others also highlighted the concerns about taxation. A recent study by ...