Record numbers of wealthy Americans are making plans to leave the U.S. after the election
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
A growing number of wealthy Americans are making plans to leave the country in the run-up to Tuesday's election, with many fearing political and social unrest regardless of who wins, according to immigration attorneys.
Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad. While talk of moving overseas after an election is common, wealth advisors said this time many of the wealthy are already taking action.
"We've never seen demand like we see now," said Dominic Volek, group head of private clients at Henley & Partners, which advises the wealthy on international migration.
