Millionaire migration around the world in 2025 is changing the way money and politics work. The Henley Private Wealth Migration Report 2025 says that a record 142,000 millionaires people with more than $1 million in liquid assets are expected to move abroad this year. In 2026, that number could reach 165,000. This unprecedented flow of wealth is caused by more than just moving money; it shows a desire for better living conditions, political stability, and the best business conditions.
Why Millionaires Are Moving
A mix of economic, social, and lifestyle factors causes millionaires to move. HNWIs are looking for more and more places that offer:
- Tax environments that are good
- Stability in politics and society
- High quality of life
- Strong financial systems and visa programs that are good for investors
- Safety, top-notch education, and health care
Countries that have successfully combined these benefits have become magnets for private wealth and economic growth. They have seen an increase in foreign direct investment, job creation, and capital inflows. This redistribution of wealth has a multiplier effect, helping the economies of the places where the migrants live.
Top 10 Countries Attracting Millionaires in 2025
| Rank | Country | Projected Millionaire Migration | Wealth Inflow (USD Billion) | Millionaire Growth % |
|---|---|---|---|---|
| 1 | United Arab Emirates | 9,800 | 63 | 98% |
| 2 | United States | 7,500 | 43.7 | 78% |
| 3 | Italy | 3,600 | 20.7 | 20% |
| 4 | Switzerland | 3,000 | 16.8 | 28% |
| 5 | Saudi Arabia | 2,400 | 18.4 | 55% |
| 6 | Singapore | 1,600 | 8.9 | 62% |
| 7 | Portugal | 1,400 | 8.1 | 38% |
| 8 | Greece | 1,200 | 7.7 | 24% |
| 9 | Canada | 1,000 | 5.7 | 26% |
| 10 | Australia | 1,000 | 5.6 | 30% |
United Arab Emirates (UAE)
The UAE is the most popular place for millionaires to move to, with 9,800 expected to live there by 2025. Because of this, Dubai and Abu Dhabi have become global wealth centers:
- Laws that are good for business
- Infrastructure that is world-class
- Safety and tax breaks that are good for business
- The very successful golden visa program
People with a lot of money in the UK, India, Russia, Africa, and Southeast Asia are very interested. With a 98% increase in millionaires, the UAE is expected to get $63 billion in wealth. This shows that it is still a top global destination.
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United States (US)
With 7,500 millionaires coming in, the United States is still a top place to live. The country has:
- Access to the biggest and most dynamic economy in the world
- Famous systems for education and health care
- A lively ecosystem for business and new ideas
The US expects a 78% rise in the number of millionaires coming to the country and an estimated $43.7 billion in wealth coming in. This shows that the US is still a popular place to live, even though there is more competition around the world.
Italy
Italy has become a strong contender, attracting 3,600 millionaires because of:
- Rome, Milan, and Florence have a lot to offer in terms of lifestyle.
- New tax breaks for rich foreigners living in the US
- A lot of cultural and historical heritage
Italy expects to gain $20.7 billion in new wealth and a 20% increase in the number of millionaires. This is made easier by the fact that people can become citizens through “jure sanguinis.”
Switzerland
Switzerland is still a place where rich people can live because it is set to welcome 3,000 millionaires.
- Banking privacy and not taking sides in politics
- Low crime and high safety for people
- A stable currency and a place to keep your money safe
The country expects to gain USD 16.8 billion in new wealth and see the number of millionaires rise by 28%.
Saudi Arabia
Saudi Arabia is the fastest-growing country on the list, and it expects 2,400 millionaires to come. This rise is being driven by:
- Vision 2030 calls for progressive changes to the economy.
- Big, ambitious projects like NEOM
- Things to do and ways to make money in Riyadh and Jeddah
Saudi Arabia expects to see $18.4 billion in new wealth and a 55% rise in the number of millionaires, showing how quickly it is becoming a global investment center.
Singapore
Singapore expects 1,600 millionaire migrants, and here are some reasons why:
- Business climate with low taxes and good rules
- Status as a global financial center and connectivity
- A lot of political and social stability
Expected wealth inflow is $8.9 billion, and the number of millionaires is expected to grow by 62%.
Portugal
Portugal’s strengths include: making 1,400 new millionaires
- Golden visa programs that are good for investors
- Living on the coast is great for your health and well-being.
- A mild climate and lower cost of living in Europe
It wants $8.1 billion in private wealth and a 38% rise in the number of millionaire immigrants.
Also read How to get Golden Visa for Portugal
Greece
Greece is becoming more popular because it gets 1,200 millionaires a year.
- Living costs in Europe are low.
- Tourism and real estate are good places to invest.
- Golden visa programs that are appealing
Greece is expected to get $7.7 billion in wealth and see a 24% rise in the number of millionaires.
Canada
Canada is still a popular place to live for stability, welcoming 1,000 millionaires with the help of:
- Strong rules for passports and immigration
- Investment climate that is safe and well-regulated
- Good schools and hospitals
Canada expects to see a wealth inflow of $5.7 billion and a 26% increase in millionaires.
Australia
Australia is still appealing because it has the same number of millionaires as Canada (1,000).
- A stable government and rules for business
- Sydney and Melbourne have strong real estate markets.
- Access to business networks in the Asia-Pacific region
Australia is expected to get $5.6 billion from millionaires moving there, which will increase the number of millionaires by 30%.
The Global Wealth Exodus
Some countries are seeing record numbers of millionaires move there, while others are seeing record numbers of millionaires leave. The UK has the most millionaires who are expected to leave in 2025, with 16,500 leaving because of rising taxes, uncertainty about regulations, and worries about the economy. China comes next, with 7,800 millionaires moving to other countries because of politics and limited capital flows.
This sudden change in millionaire migration not only moves money around, but it also shows bigger changes in the world’s centers of talent, innovation, and economic power.
Conclusion
The rise in millionaires moving to other countries in 2025 shows how important it is to have smart governance, policies that are good for investors, and a good quality of life to attract the world’s richest people. The UAE and the USA are still the top places to visit, but Saudi Arabia, which is an emerging market, and Italy and Switzerland, which are traditional hubs, are fighting hard to stay on top. Countries are competing for this mobile wealth, changing the economic and cultural maps of the 21st century and starting a new era in the distribution of wealth around the world.
