Katten Partner and Global Chair of the firm's Private Wealth Department, Joshua S. Rubenstein, was recently quoted in a Citywealth article examining how residents are leaving the Gulf amid escalating tensions, with many British and international families temporarily returning to the UK while the situation unfolds, and the broader implications for the globally-mobile wealthy seeking stable jurisdictions.
Regarding the complexities of relocating to the United States, Joshua highlighted the critical distinction between visa and green card routes for high-net-worth individuals considering a move. "There are any number of reasons that high-net-worth individuals might want to move to the United States for indefinite periods of time. While there are a wide variety of visas from which potentially to choose, each having different attributes, the important thing to note – unless you are sure your move is permanent – is to go the visa route, not the green card route," Joshua said. "Having a green card becomes the equivalent of having citizenship for US world-wide estate tax purposes once you have had it in eight out of 15 calendar years. It is best to renew visas for as long as possible until you are sure you want to stay."
"Tens of thousands leave the Gulf for the UK, for now," Citywealth, April 15, 2026
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Partner and Global Chair, Private Wealth Department+1.212.940.7150
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