(SeaPRwire) – By: Robert Kensington
Nuri Katz saw the Soviet Union unravel. He was 24, in Moscow in 1990. He watched a superpower spend itself into oblivion. Ronald Reagan outspent them, he recalls. They went into such huge debt. Now, Katz sees unsettling echoes in America. The founder of Apex Capital Partners, a firm built on helping the wealthy move, finds the current US situation deeply unsettling. He calls it a problem for the US. This is despite it being a “blessing” for his company. This isn’t just market talk; it’s a veteran’s gut feeling. It is honed by decades of watching empires wobble.
Katz isn’t relying on instinct alone. Apex Capital’s recent proprietary survey of 1,733 high-income Americans, those earning above $200,000, delivered stark results. Sixty-one percent would consider leaving the US within five years. Nearly 63% thought about diversifying assets abroad. Three in four expressed concern about the future of the U.S. in relation to the Iran War. What truly surprised him was the *why*. Historically, political anxiety drove his clients. Now, 68% cited cost of living and taxes. Only 54% named politics. This economic signal is new. It marks a fundamental shift in the motivations of the ultra-wealthy.
Beneath the political noise, Katz hears a deeper structural reckoning. Wealthy Americans, heavily concentrated in US dollar assets, are realizing they need diversification. They question the dollar’s reserve currency status. The $39 trillion national debt looms large. Katz sees only two outcomes: hyperinflation “that will make the post-COVID inflation look like kindergarten,” or a default that “ends the financial world.” He dismisses AI as a debt solution. Ray Dalio echoes this “big debt cycle” warning. The sentiment is turning into action. Before COVID, Americans were minimal in investor immigration. Now, interest from North America is “growing by hundreds of percentages a year.” The Henley Private Wealth Migration Report for 2025 found 142,000 millionaires relocated that year, projected to rise to 165,000 in 2026.
This isn’t just about individual choices; it’s a seismic shift in global capital flows. The traditional safe harbor of the US is losing its luster for its own wealthy citizens. While Europe is a current preference (42% in the survey), Katz warns many European economies are “bleeding money” and “dysfunctional.” Portugal already shuttered its residential real estate golden visa. The global map of wealth and residency is being redrawn. The US, once the destination, is now becoming a significant source of outbound capital and talent. This reshuffling will redefine economic power dynamics for decades.
Author bio: Robert Kensington, an overseas entrepreneurial veteran with decades of experience in real-economy industrial investment and expansion.
