[digi59404]

No; People with means tend to declare a residence in a Tax Haven. Which they use to observe profits. I.e. Registering their personal corp in WY, NV, or MD. Then recognizing all profits for themselves under a Corp/LLC and being taxed at WY, NV, or MD results.

Then they proceed to live wherever they want and buy items using Corp/LLC Funds. When they need to use personal funds or pay income tax - They minimize their tax impact through various methods.

Point being - The people live where they want regardless of tax haven status. They recognize revenue in a Corp/LLC in a tax haven.