Re:Peter Thiel only spent 12 days in NZ before being granted...
by jjeaff on Thursday June 29, 2017 @11:57PM
(#14668546)
My tangential comment to your comment would be: Which creates more jobs, 1,000 millionaires, or 1 billionaire. I would say 1000 millionaires would have a much greater chance of creating many more jobs.
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Re:Peter Thiel only spent 12 days in NZ before being granted...
by vorg on Saturday July 01, 2017 @10:56AM
(#14677369)
At least 1000 immigrant millionaires have spent the million buying a house in Auckland over the past few years. These are houses that would have sold for only, say, 950,000 if those immigrant millionaires hadn't been in the buyers market, so I guess that's created an extra office job or two at the local banks and real estate offices.
An immigrant billionaire might buy a mansion with airfield attached for his armageddon hideout. Or he might grow a business employing immigrant workers on work visas. Some citizens might get jobs in the service sector servicing them.