the 48-year-old business owner told CTVNews.ca
Article could just be “Canadian business owner retires in Barbados”
And perpetuates the same cycle of wealth inequality they claim to want to leave by bringing all their wealth to a poor country.
They are leaving it and bringing it to another country where they aren’t the bottom of the totem pole
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Inflation would help an immigrant if they were converting their money from dollars every month. When the dollar rises versus the local currency you have more local currency to spend. Inflation only hurts you if you keep your money illiquid and in local currency.
Yeah, and don’t forget, they won’t give up citizenship, because they will keep that safety net, despite railing against paying for it. They come back for the last 10-20 years of their life because that “low cost of living” country they are moving to won’t be a good deal when they are old.
I guessed Alberta immediately.
It’s expensive; yeah. But in terms of happiness and healthcare and safety, we’re doing really well. I think we’re top-4 or something!
We’re sorry and we hope you find a place where you’re happy.
There’s definitely something to be said about the cost of living becoming problematic, but I’m not jumping ship to the US anytime soon. I’ve seen too many US friends put into catastrophe thanks to health care issues, even when insured.
The concern about that is why I didn’t fight to keep my H1 status when it got expensive. I was okay coming back home.
Ok…bye!
