Seems like it’s a well known fact that being poor or even middle class (if that will even exist anymore) in the US disposes one to a very low quality of life (e.g., living in areas with higher crime rates, bad healthcare, the most obvious being cost of living, …etc)
On the flip side, what are some reasons why the top 1-5% percentile would also want to leave the US? (e.g., taxes/financial benefits, no longer aligning with the culture? I would assume mainly the former)
If you are in the top 1-5%, is living in the US still the best place to live? (as many people would like to suggest)
I think most rich US people who move to foreign countries might as well be moving to a 365 day cruise ship. It’s not about establishing roots in a foreign country, it’s about living in some fun tourist destination and dropping out of the rat race.
Personally I could sell my house and move to Thailand, retire, and surf to the Tom Yum shop on the daily. If I didn’t have kids I might be tempted to do just that.
It’s the excitement like you say. It doesn’t mean it’s objectively better like most in the comments seem to be arguing. In fact, the third world pretty much sucks on every metric except price. And then a lot of times the goods are poor quality and the imports have insane custom fees.