Here are the top 10 countries that saw millionaire inflows: CountryĪustralia continues to attract HNWIs, coming in second behind the UAE. This influx of ultra-wealthy people is partly because of the country’s accommodating immigration policies that are specially tailored to attract private wealth and international talent. The United Arab Emirates (UAE) has become a millionaire magnet, with a projected 4,000 HNWIs flowing into the country by the end of 2022. While Russia is expected to see 15,000 millionaires leaving the country, Ukraine is projected to experience the highest loss in percentage terms-a whopping 42% of its HNWIs could leave the country by the end of 2022.Ĭhina could also see a big loss in its millionaire population, with a projected loss of 10,000.Īccording to Andrew Amoils, Head of Research at New World Wealth, this could be more damaging to the country than in previous years, since general wealth growth in China has declined recently. Here are the top 10 countries by millionaire outflows: Country Escaping conflict is one of them, which is why it’s no surprise to see Russia and Ukraine are projected to see some of the biggest emigration numbers by the end of 2022. There are a plethora of reasons why the ultra-rich move countries. Which Countries Are Millionaires Leaving? Migration of Millionaires is Backīefore diving into the country-specific data, it’s worth taking a step back to look at overall millionaire migration trends, and how things are changing this year.Ģ020 saw a drastic drop in the number of millionaire migrants, as pandemic-induced lockdowns kept people from leaving their home countries-and at times, their homes in general.īut as restrictions ease and countries begin to open up their borders again, the migration of millionaires is beginning to gather steam once again: Yearīelow, we’ll dive into which countries are seeing the highest number of HNWI migrants, and which ones are losing the most HNWIs. This graphic maps the migration of high net worth individuals (HNWIs)-people with a net worth of over US$1 million-showing where rich people are flocking, and where they’re fleeing. Which countries are these millionaires moving to, and where in the world are they coming from? Throughout 2022, a projected 88,000 millionaires will move to a new country, according to the latest Henley Global Citizens Report. Mapping the Migration of the World’s Millionaires
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