New International business and personal migration trends

This study gauges the prevalence of an international trend. More specifically, the trend of  individuals or groups relocating to escape regimes engaged in the increasing prevalence of hyper taxation legislation in certain countries as well a a similar proliferation of  "hyper woke" or neoliberal ideologies. In this study we examine several factors across different domains. To assess this, in our view, the following indicators can provide some useful insights:

1. Wealth Migration Reports
• Henley Private Wealth Migration Report: This annual report provides detailed data on the movement of high-net-worth individuals (HNWIs), which includes wealthy investors, business owners, and millionaires. The 2024 report you mentioned suggests a significant increase in the number of millionaires leaving the UK. Tracking similar reports from Henley and other wealth migration studies can offer insights into where these individuals are relocating and their motivations, whether for tax reasons, ideological differences, or political stability.
• Other private wealth migration studies can provide figures on countries like Australia, Canada, and Russia, which may be experiencing an influx of high-net-worth individuals.

2. Taxation Policies and Legislative Changes
• The proposed capital gains exit tax in the UK and similar taxes in countries like Australia and the US offer clues about fiscal motivations for migration. Monitoring tax law changes in countries that traditionally serve as tax havens (e.g., Monaco, Switzerland, or the UAE) and analysing migration flows into these regions can indicate if investors are actively seeking out more favourable financial environments.
• Russia's new refugee decree, inviting people to preserve "traditional values," could be an ideological pull factor for certain individuals and groups. Tracking visa and asylum applications from Western nations to Russia and other BRICS nations can shed light on how many people are taking advantage of this policy.

3. Immigration and Refugee Data
• Immigration Statistics: Countries like Russia and BRICS nations often publish immigration and refugee statistics. Cross-referencing this data with countries known for adopting more neoliberal policies (e.g., Western Europe, the US) can provide an estimate of how many are relocating for ideological reasons.
• UN migration reports, alongside national immigration agencies’ data, can be analyzed to see where people are relocating and why. Special attention to religious or political affiliations (e.g., traditional Christian values) in these reports can offer clues about ideological motivations.

4. Media Coverage and Interviews
• Media outlets and think tanks often interview high-profile individuals who have relocated or are planning to do so. Tracking the narratives from these interviews can reveal underlying motivations. For instance, some might emphasize escaping restrictive gender policies, while others focus on tax avoidance or personal freedoms.
• Coverage of the Russian decree and its appeal to conservative or traditionalist communities could provide anecdotal evidence of such relocations.

5. Public Sentiment and Surveys
• Surveys and Polls: Public opinion surveys, especially those conducted by socio-political think tanks (like Pew Research, Ipsos, or YouGov), might indicate growing dissatisfaction with neoliberal ideologies in Western countries and a potential desire to relocate to places more in line with conservative values.
• Specifically, these surveys can target religious communities or investors, asking about relocation plans based on political, religious, or financial reasons.

6. Real Estate and Investment Trends
• Property Sales Data: A surge in property sales or investments in nations like Russia, BRICS countries, or traditional tax havens can provide indirect evidence of relocation trends. Tracking purchases made by foreign nationals can help pinpoint potential ideological or financial expatriates.
• Look for reports on increased business or real estate investment in countries promoting traditional values or low-tax environments.

7. Think Tank Reports and Policy Recommendations
• Think tanks like the Resolution Foundation and the Institute of Economic Affairs often publish reports about wealth migration, tax policy, and ideological shifts. Analyzing these reports can help identify larger trends in the UK, US, and other Western countries where people are leaving due to ideological or fiscal reasons.

In summary;-
Gauging this trend involves combining data from wealth migration reports, immigration statistics, tax policy changes, and public sentiment surveys.
While some of the migration is driven by financial factors, ideological motivations (such as rejecting neoliberal ideologies) are increasingly relevant, especially with shifts in global political rhetoric and policies in countries like Russia.