Millionaire South Africans looking to emigrate may not have to travel far, with neighbouring Namibia expected to see a massive influx of dollar millionaires over the next two decades.
New World Wealth said that Namibia’s number of dollar millionaires is expected to rise from 2,150 individuals to over 10,000 by 2040. “The peg also creates a convenience factor for expats that move frequently between the two countries,” New World Wealth said.
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