"Wealthy Americans have already been making the preparations, their attorneys have told Fortune—and many were doing so as a 'Plan B' regardless of who won the presidency. Other surveys have found that an increasing number of Americans at all income levels want to leave the country, with political and social unrest being a top concern, followed by the high cost of living."
"We saw a spike in 2017 after Trump won, and then again in 2020 due to concerns about a Democrat winning and the potential for higher taxes on income, capital gains and a wealth tax, the contested election, and the January 6 riots," says Reaz Jafri, an attorney at international immigration law firm Withers.
"U.S. nationals now make up the largest portion of client applications at Henley & Partners, a global citizenship firm. We expect this now to go into overdrive and increase even further following the results of [Tuesday]'s U.S. election," says Sarah Nicklin, Henley & Partners's head of public relations.
"Most Americans moving abroad look north to Canada or across the Atlantic to Europe, where popular destinations include Greece, Italy, Malta, Portugal, and Spain, according to Henley & Partners. But moving to a new country isn't as simple as it is domestically."
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