tag:blogger.com,1999:blog-25714039.post2876110657593178497..comments2023-10-26T00:17:28.411+08:00Comments on A Private Portfolio: Millionaire density by countrytraineeinvestorhttp://www.blogger.com/profile/05179861120801348035noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-25714039.post-49907961559287750752008-06-21T19:50:00.000+08:002008-06-21T19:50:00.000+08:00HiNot sure but I would assume it is a combination ...Hi<BR/><BR/>Not sure but I would assume it is a combination of:<BR/><BR/>1. rising real estate values<BR/><BR/>2. the China factor - a lot of people have business interests accross the border<BR/><BR/>3. low taxes: the most tax you will pay on anything in HK is 17.5% and many things are exempt from tax (including dividends and interest)<BR/><BR/>Cheers<BR/>traineeinvestortraineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.comtag:blogger.com,1999:blog-25714039.post-24751519118569224802008-06-14T21:58:00.000+08:002008-06-14T21:58:00.000+08:00Do you know why there are so many millionaires in ...Do you know why there are so many millionaires in Hong kong? Because of high real estate value...?Anonymousnoreply@blogger.com