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As you note there's a threshold of net worth or income that makes a move to a place like Monaco worthwhile - financially at least - but it seems to me there's also a threshold of wealth where moving has a negative expectation in a larger sense. Quality of life should be the only criteria and not accounting. It would be perverse indeed if exceeding a certain amount of assets causes a drop in life quality.

As a non-citizen in the US this is no theoretical consideration and for this and other reasons I've pondered a move to a more as they say advantageous locale but replicating the lifestyle I have here in Central California with its climate, access to nature and everything else would be difficult. The south of France comes close (and I even know some French, reading the original Proust on my Kindle right now as it happens) but it's crowded, too hot and humid in the summer and access to the mountains seems lengthier compared to here where the trails are ten minutes away. At least that's my impression.
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