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Millionaires are fleeing countries with poor religious freedom

19 Sep, 2019

Innovative strength is more than twice as high in countries where governments respect freedom of religion or belief, according to research. One indicator of that is whether some of a country’s top entrepreneurs and successful business people stay in a country or leave it.

Bloomberg just published research showing which countries are losing or gaining millionaire through migration, with Australia gaining the most and China losing the most.

How does this compare with the level of government restrictions on religion and belief in a country?

It’s not surprising that China, the country with the highest government restrictions on religion – as measured by the Pew Research Center – is also losing the highest number of millionaires seeking freer, more secure opportunities elsewhere, such as Australia where religious freedom is protected.