
According to a report by Henley & Partners, together with New World Wealth, large—scale migration is expected in 2025 - about 142,000 millionaires will move their residence abroad
The leading countries in the influx of millionaires
- UAE – the influx of +9,800 millionaires is predicted, which makes the country a world leader
- USA – about +7,500 new wealthy individuals
- Switzerland, Italy, Portugal, Greece: respectively +3,000, +3,600, +1,400, +1,200
- Saudi Arabia — sharp growth in 2025: +2,400 millionaires
- Thailand, Taiwan, India, China are also among the active destinations, especially in Asia.
📉 Donor countries: where the rich are leaving
- Great Britain — record outflow: -16,500 millionaires, a record in the history of monitoring
- China -7,800
- France, Spain, Germany — outflow is recorded for the first time: -800, -500, -400 respectively
- Others – Ireland (-100), Norway (-150), Sweden (-50)
Reasons for migration
- Tax burden and policies: especially in the UK — the growth of capital, inheritance and income taxes, the abolition of investment visas .
- The desire for greater freedom and stability: risks of economic uncertainty and political instability .
- Golden Visa investment Programs: UAE, Italy, Portugal, Greece successfully attract the ultra‑rich through profitable immigration schemes
🔍 The secret of success of recipient countries
- UAE: no income tax, convenient Golden Visa and a strategic hub between East and West.
- Saudi Arabia: active investment policy within the framework of Vision 2030, economic reform
- Thailand: growing attractiveness for Asian HNWIs due to international schools, real estate, stability
- Europe (Italy Portugal, Greece): favorable tax regimes and "enticing" immigration programs.
2025 was a turning point: for the first time Europe — or rather Great Britain — became the leader in the outflow of millionaires, while UAE