Posted on 03/16/2015 12:33:57 PM PDT by SeekAndFind
Someone here recently told me that practically anyone who can read in Singapore is a millionaire or some such.
Awww...Creflo Dollar didn’t make the cut. He’s only worth $27 million.
Singapore is very expensive.
Hence the need to be a millionaire, nicht wahr? LOL
What is “Australasia”?
I used to do a “border jump” to Singapore when I lived in Malaysia a dozen years ago. 10 bucks for a Whopper, 8 for a beer. 8 for smokes. Only the upper middle class to the rich could afford to live there.
Even the rich Mexicans don't want to live here
Interesting that four of the top five are English-speaking countries (or had been).
$30 mill in assets doesnt sound like super rich unless it is liquid assets. Someone who owns machine shop, construction company or even a sizable farm could easily have that much in assets.
I bought a condo (and established a bank account) in Singapore 20 years ago basically so my family and I could flee to if the wheels fell off the bus,* since they permitted immigration if you had certain finances and real estate (still do have that law).
Been renting it out; best accidental investment I EVER made, bar none. Paid for itself many times over, and have a decent nest egg, in Singapore, from the rent.
* There is an old Jewish question “do you have your bags packed?”
That’s laughable. Singapore is a clean and super efficient island city state where one doesn’t see any overt poverty, and in spite of a very diverse ethnic and religious population mix the crime rate is very low (corporal punishment and hanging work ... who knew?). But most of the people there work hard and struggle to makes ends meet just like anyplace else.
Yeah:)
Good investment. I would just keep it forever, barring a political catastrophe.
RE: What is Australasia?
It is a region of Oceania, comprises Australia, New Zealand, the island of New Guinea, and neighbouring islands in the Pacific Ocean. Charles de Brosses coined the term (as French Australasie) in Histoire des navigations aux terres australes (1756)
RE: Someone who owns machine shop, construction company or even a sizable farm could easily have that much in assets.
Well, the all important question is this — how much of those assets will Uncle Sam take when that person dies?
Whats really sad is here is Mexico City.. capital of Mexico.. one on the super rich capitals of the world.. and yet Mexico dumps its poor on the US and US taxpayers back..
areas of maximum government dependence of the general population too.
IOW slaves.
aristocratic mindset see anyone else unlike them as mere slaves.
Thailand?
No, Singapore.
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