Comments by "Marvin Fine" (@torontovoice1) on "Why Rich People Should Live in Cheap Countries" video.
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You seem to be very bullish in Mexico. The last few days, Canada has imposed visa restrictions on Mexicans who want to travel to Canada who were otherwise able to travel under the Visa waiver program. They did that because 25,000 people from Mexico applied for asylum. The test for asylum is that you have to be able to prove to a judge that your life is in danger by living in your home country, and if you are required to return to your home country, you would be killed. Approximately 60% of the people that applied according to the report that I read yesterday were approved. That would mean that an immigration adjudicator was satisfied beyond the balance of probability, that's the asylees life was in danger. I'm not sure if I would want to live in a country where my life was in danger? And I think that there are many emerging markets that share that type of problem. I'm not isolating any country in particular, but when I look at the migration of high net worth individuals, I don't see a lot of them moving to emerging markets. Not sure why that is? Perhaps you could elaborate on that? You've done a few videos on the visual capitalist hi net worth migration statistics. I didn't see a big push for people going to Mexico. You seem to be very bullish in Mexico. The last few days, Canada has imposed visa restrictions on Mexicans who want to travel to Canada who were otherwise able to travel under the Visa waiver program. They did that because 25,000 people from Mexico applied for asylum. The test for asylum is that you have to be able to prove to a judge that your life is in danger by living in your home country, and if you are required to return to your home country, you would be killed. Approximately 60% of the people that applied according to the report that I read yesterday were approved. That would mean that an immigration adjudicator was satisfied beyond the balance of probability, that's the asylees life was in danger. I'm not sure if I would want to live in a country where my life was in danger? And I think that there are many emerging markets that share that type of problem. I'm not isolating any country in particular, but when I look at the migration of high net worth individuals, I don't see a lot of them moving to emerging markets. Not sure why that is? Perhaps you could elaborate on that? You've done a few videos on the visual capitalist hi net worth migration statistics. I didn't see a big push for people going to Mexico.
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