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Peter Thiel only spent 12 days in NZ before being granted citizenship

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Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#51
So why did Thiel chose NZ? USA allows dual citizenship to many other countries as well. NZ seem to have 33% tax rate so shouldn't that be off putting? Also, why take duel citizenship at all because US may then force you to relinquish USA citizenship.

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#52
post #41

Earlier quoted context omitted.

"or if Thiel is actually interested in decreasing it in the first place" So, even if hypothetically there were increased marginalization, it would only matter if it were against Thiel's intention?...

No, I simply mean that not only is there nothing to indicate that Thiel's presence will marginalize anyone, but also that Thiel himself doesn't seem likely to engage in any behavior that would marginalize anyone. Therefore the probability of it happening seems quite low.

Let 1000 people in worth 1,000,000 dollars or let on 1,000,000 people in with 1000 dollars, which group will on average create more jobs?

Look I'd like to take the high road too and say everyone is equal, but we only begin that way.

(Note: I'm from the second group in this mind game)

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#53

Earlier quoted context omitted.

What's "fallacious" about the view that countries shouldn't issue citizenship for capital as an investment vehicle might shares? (Incidentally, pointing to the mere existence of somewhat analogous programs elsewhere in the attempt to justify the grant literally is fallacious. Inferring an ought from an is.)

Why shouldn't they?

Should they? If yes, what's the argument, and can the conception of "citizenship" it assumes be reconciled with how most people view the meaning of their own citizenship? I suspect there would be significant tension there, but in any case that's not really my point. It's that there's a distinction between fallacy and opposing viewpoint.

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#55
post #51

So why did Thiel chose NZ? USA allows dual citizenship to many other countries as well. NZ seem to have 33% tax rate so shouldn't that be off putting? Also, why take duel citizenship at all because US may then force you to relinquish USA citizenship.

Safest place to be in case of nuclear war (due to low number of nearby potential targets, opposite hemisphere of most targets, good wind patterns to avoid fallout from potential targets).

There's probably more playing into it. But being a relatively geographically far, politically stable country probably has a fair bit to do with it.

I'm not sure if NZ is a net food importer/exporter, but IIRC AU can produce enough food to cover AU population so I wouldn't be surprised if NZ was similar.

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#56
post #41

Earlier quoted context omitted.

No, I simply mean that not only is there nothing to indicate that Thiel's presence will marginalize anyone, but also that Thiel himself doesn't seem likely to engage in any behavior that would marginalize anyone. Therefore the probability of it happening seems quite low.

Let 1000 people in worth 1,000,000 dollars or let on 1,000,000 people in with 1000 dollars, which group will on average create more jobs? Look I'd like to take the high road too and say everyone is equal, but we only begin that way. (Note: I'm from the second group in this mind game)

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.

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#57
post #56

Earlier quoted context omitted.

Let 1000 people in worth 1,000,000 dollars or let on 1,000,000 people in with 1000 dollars, which group will on average create more jobs? Look I'd like to take the high road too and say everyone is equal, but we only begin that way. (Note: I'm from the second group in this mind game)

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.

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.

Re: Peter Thiel only spent 12 days in NZ before being granted citizenship

#58
post #40
post #20

So what? In Israel, you can become a citizen without spending even a whole day there: https://en.wikipedia.org/wiki/Law_of_Return I don't see why if NZ thinks having Thiel as a citizen would be good for them, they can't give him citizenship at any moment they'd like.

So because other countries do the same or worse, it justifies this ? I'm impressed.

How is this worse? What is bad in it?
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