Are thousands of French millionaires really moving to Israel? There are reasons to be skeptical - www.jewishaz.com: Israel

Are thousands of French millionaires really moving to Israel? There are reasons to be skeptical

CNAAN LIPHSHIZ | JTA News & Features | Posted: Monday, April 4, 2016 12:18 pm

France’s Jewish millionaires are flocking to Israel by the thousands, according to new data on offer by a consultancy that tracks the world’s wealthy.

The report on international millionaire migration published March 31 by New World Wealth says that 10,000 millionaires left France in 2015. Andrew Amolis, the firm’s head of research, told Newsweek that 20-25 percent of these French emigrants were Israel-bound Jews. That would mean up to 2,500 new French millionaires immigrated to Israel last year.

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