A significant number of Americans are relocating to North America and Europe, escaping political turmoil and the rising cost of living. Countries like Italy and France are becoming popular destinations, especially with €1 houses available for purchase. The trend has intensified following the 2016 and 2020 elections due to increasing dissatisfaction and fears over higher taxes. Wealthy Americans, particularly millionaires, increasingly express intentions to emigrate regardless of the political climate, seeking a better lifestyle and more favorable financial conditions abroad.
Americans are fleeing the U.S. due to political turmoil and high cost-of-living, seeking a slower lifestyle in countries like Italy and France.
The prospect of acquiring €1 houses has contributed to the increasing number of U.S. citizens immigrating to Europe, taking advantage of affordable housing.
After Trump's election in 2024, there was a notable increase in American emigration, driven by rising living costs and anti-immigrant sentiments.
53% of American millionaires expressed intentions to leave the U.S. following the 2024 election, regardless of the political party in power.
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