Would I give up and join the US for $1 million if I were in Greenland? Absolutely — and here’s why.
If someone offered me $1 million (≈£750,000) tax-free, I would accept without hesitation.
If you invest that £750k sensibly in global equities, a long-term return of ~11% nominal is entirely typical historically.
Over 20 years, that grows to roughly £6.5m nominal, which is about £3.6m in today’s money after inflation.
If you’re 40 now, that puts you at 60 with a real-terms pot of £3.6m.
From there, you can draw the money down over 30 years (age 60–90), invested more cautiously at 5–7% nominal (around 3% real). That supports a real income of roughly £180,000 per year, indexed to inflation, without running out.
That’s financial independence for life.
Who wouldn’t accept that?
Yes, you give up certain things — but many of those can be negotiated (for example, healthcare). In return, you:
Remove retirement risk entirely
De-risk your life financially
Can pay off a mortgage quickly
Can retire early or work purely by choice
And if you have children, the logic is even stronger. Invest the money for them and you give them permanent financial security — freedom from being trapped into working purely to survive.
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Now look at it from the US government’s perspective.
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Greenland is believed to contain around 13 billion barrels of oil. At a conservative $70 per barrel, that’s about $900 billion in gross revenue over time.
In the US system, governments typically take ~50% of production value through royalties and taxes. That’s roughly $450 billion to the state.
There are only about 56,000 adults in Greenland. Paying each $1 million costs around $56 billion.
So you’re spending ~$56bn to potentially unlock hundreds of billions in long-term strategic and economic value — before even considering geopolitics, shipping routes, rare earths, or military positioning.
That’s an extraordinary return on investment.
So yes — if someone offered me £750k tax-free today, I’d absolutely take it.
I’d invest it, keep enjoying my job without stress, and know that my future — and my family’s — is permanently secure.
If Trump is talking about $100k now, he’s likely just testing the water. If the number ever became real and meaningful, a lot of people would say yes.
I know I would.