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Channel: Migration Policy Institute - Remittances
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Millionaire Migration Rises and Heads to New Destinations

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Migrant millionaires are once again on the move, though headed to new destinations amid fallout from the COVID-19 pandemic and Russia's invasion of Ukraine. While wealthy new arrivals can help provide a healthy tax base and invest in local economies, they can upset housing markets and exacerbate wealth disparities, as this article describes.


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