They are wealthy and worldly enough to know that while their present location is nice and familiar, there are a large number of countries that would welcome their presence and where they could reproduce their current business and personal lives while greatly reducing their total tax burden.
Nice said it was only draft guidance at present and patients would not be affected until the final decision in July when the consultation had been finished.
"Environment ministers from all SAARC member countries except Sri Lanka were present in the meet and it was indeed a nice beginning towards dealing with the climate change on a regional basis, " said Nepalese environment minister Thakur Prasad Sharma after attending the informal meet.