Dividend King described a climate he deemed particularly negative in France. He wrote that the entrepreneurs he knew were considering leaving, although many, in his view, would not follow through. He also indicated that the tax advisors and wealth managers he spoke with received numerous requests for expatriation from their clients, a trend that had supposedly increased since the dissolution of the Assembly and would accelerate as the presidential election approached. He specified that these clients held fortunes in the range of 7, 8, or 9 figures. The author added that many university students he had recently discussed with wanted to start their professional lives abroad, even if not all would realize this project. In the stock market, he estimated that French investors were increasingly turning away from companies in the CAC 40 in favor of global or American markets, and that the recent performance of these markets justified their decisions. He finally said he had never observed, in his lifetime, such a negative sentiment at so many levels and expected the trend to continue. #entrepreneuriat #expatriation #france (translated)
