Despite its reputation as the weakest economy in the world today, Europe is the preferred overseas investment destination for millionaires from all over the world. Respondents to a survey by the Spectrem Group voted strongly in favor of Europe as their preferred investment region in the world.<\/p>\n
19% of all respondents preferred Europe while China came next with support from 15% of the respondents. Canada and the UK were ranked next with 12% and 9% while the fifth position was jointly occupied by Brazil, Australia, Japan, and India with support from 8% of the respondents.<\/p>\n
Comparison with the 2011 survey shows a marked shift in the preference of investors. In 2011, China was the top investment destination with 21% support followed by Brazil with 20% support. Europe was ranked third and was preferred by just 12% of the respondents.<\/p>\n
The 2014 survey sought the opinions of 1465 individuals who had investible assets between $1 million to $5 million.<\/p>\n
So, what makes a region suffering from strong deflationary trends, volatile stock markets, and ever-present fears of another recession enjoying the support of so many millionaires? The President of the Spectrem Group opines that Europe\u2019s political stability and the hands-off approach of its governments towards the economy makes it a much safer bet as compared to investment destinations like China and Brazil.<\/p>\n
Emerging markets invariably suffer from excessive government and regulatory intervention in economic matters, a risk virtually absent in Europe. The view is that despite not being an attractive option, Europe is probably the least unattractive option amongst overseas investment destinations in the world today.<\/p>\n
Source: www.cnbc.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Despite its reputation as the weakest economy in the world today, Europe is the preferred overseas investment destination for millionaires from all over the world. Respondents to a survey by the Spectrem Group voted strongly in favor of Europe as their preferred investment region in the world. 19% of all respondents preferred Europe while China…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[454],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8hnWW-dV5","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/53511"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=53511"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/posts\/53511\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=53511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/categories?post=53511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/tags?post=53511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}