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ABC News
ABC News
Business
Tim Leslie

Are inheritance taxes making Australia the most attractive place for millionaires?

Millionaires seem to think Australia is the best place on Earth right now.

There were 95,000 millionaires who migrated around the globe in 2017, according to New World Wealth, a South African market research group — and more moved to Australia than anywhere else.

So it must be the clean air, great health care and safe society that's bringing the wealthy Down Under, right?

Well, perhaps.

But New World Wealth says it's also because we have no inheritance taxes.

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