Immigrant Investor Programs Should Be Used To Aid Our Crumbling Infrastructure

A recent report from Credit Suisse says that there are 128,200 ultra-high net worth (UHNW) individuals in the world. These are people whose net worth exceeds $50 million. According to the report, that number is up from 98,700 a year ago. The report adds:

Among individual countries, the United States leads by a huge margin with 62,800 UHNW adults, equivalent to 49% of the group total. This represents an increase of 9,500 compared to mid-2013, an astonishing rise for a single year – more than the total number of UHNW residents in China, which occupies second place with 7,600 residents (6% of the global total). The United Kingdom gained the second largest number of UHNW individuals (up 1,300 to 4,700) consolidating fourth place, behind Germany (5,500), but ahead of France (4,100). Taiwan (2,000) and Korea (1,900) each added about 550, while Brazil (1,900), Canada (2600) and Hong Kong (1,500) gained 200 apiece. The numbers for Russia (2,800) and India (1,800) were almost unchanged.

A number of my immigration colleagues see these UHNW people as potential investors who might be interested in immigration options. I agree.