Coronavirus makes Italian entrepreneurs flee to Dubai with 200% of requests in four months: the data were processed by the company Falcon Advice based in Padua and the United Arab Emirates. They no longer feel represented by the Italian State either as taxpayers or as entrepreneurs.
Especially now, during the coronavirus pandemic. With a looming global economic crisis, entire states in chaos, a global economic order to be completely rewritten and the national GDP in a nosedive, many investors are thinking of securing their capital in happy places (crime is at 4%, gasoline at 16 cents a liter, zero taxes). "There is an increasingly alarming trend that will soon affect the state coffers - says Daniele Pescara, CEO of Falcon Advice -.
By cross-referencing the data in the first 4 months of 2020, we recorded a 200% increase in requests compared to the first 4 months of 2019, which for us translated into 140 million dollars of Italian investments placed abroad. Mostly these are large, solvent and independent structures, which can afford to decide where to continue their entrepreneurial and/or productive path. And they no longer see their future in Italy”.
In short
Coronavirus is causing Italian entrepreneurs to flee to Dubai, with a 200% increase in requests in four months: the data was processed by Falcon Advice, a company based in Padua and...
- They no longer feel represented by the Italian state, either as taxpayers or as entrepreneurs.
- Especially now, during the coronavirus pandemic.
- With a looming global economic crisis, entire countries in chaos, a global economic order that needs to be completely rewritten, and GDP…
Key questions
What is the main point of the news?
Coronavirus is causing Italian entrepreneurs to flee to Dubai, with a 200% increase in requests in four months: the data was processed by Falcon Advice with…
Why is this news relevant?
They no longer feel represented by the Italian state, either as taxpayers or as entrepreneurs.
Which detail helps us understand the case better?
Especially now, during the coronavirus pandemic.
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