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Kind of.
Think of it like a retiree trying to find a place to live where their salary isn't tied to the local economy. It opens up a lot of places with a relatively low living expenses and high quality of life.
They are immigrants, but they are immigrants with money.
you forgot: "who don't pay taxes in the country they live in" :picard:
To immigrate anywhere you need quite a bit of money so immigrants usually have money. Like the travel alone is quite costly, not to mention housing.