Stories You Missed!
August 14, 2024
Unique business updates.
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Stories you may have missed:
Millionaires Migrate
According to global migration advisory firm Henley & Partners expects that a record 128,000 millionaires will relocate this year worldwide, surpassing the record of 120,000 millionaire movers set last year. Switzerland, Cyprus, Greece, Italy, Malta, Portugal, Spain, and Singapore are among the countries with low tax programs aimed at enticing wealthy foreign expats, and Dubai offers no income or capital taxes for individuals, according to the Financial Times.
Henley Global
Captive Insurance
Per the Captive Insurance Times – The Cayman Islands Monetary Authority (CIMA) issued 10 captive licenses in the second quarter of 2024.
CaptiveInsuranceTimes
German Cannabis
The International Cannabis Business Conference – published an article entitled “German Cannabis is here to stay.” To date, with a population of over 83 million people, Germany is currently the largest country to adopt a national adult-use cannabis legalization measure. The first provisions of Germany’s historic CanG legalization law took effect on April 1st, 2024, with adults 18 years old and older now permitted to cultivate, possess, and consume recreational cannabis.
InternationaCBC
Burning Man 2024
The 2024 Burning Man is event just around the corner being held from August 25, 2024 to September 2, 2024 in Nevada. Burning Man is an annual event held in the Black Rock Desert of northern Nevada, USA. Participants (referred to as “Burners”) come together to create Black Rock City, a temporary metropolis dedicated to art, self-expression, and communal living. The event culminates in the burning of a large wooden effigy, known as “The Man,” which is a central ritual symbolizing various interpretations, including letting go, renewal, and transformation.
Burning Man